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Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum

Lido DAO community will vote on accepting Abitrum’s airdrop and using the claimed ARB tokens as emission rewards to incentivize the adoption of wrapped staked ether (wstETH) throughout the Arbitrum ecosystem.

Now, Lido’s governing community will vote on “operational and strategic topics related to claiming and making productive use of the potential ARB tokens,” according to a proposal submitted April 12 by Lido’s head of DeFi business development and partnerships Justin David Reyes.

Reyes proposes rewarding the ARB tokens to users who provide liquidity for wrapped staked ether (wstETH) pools on Arbitrum. 

Lido Finance Airdrop
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