How does Arbitrum's airdrop incentivize developers to join its ecosystem? Analyze its reward mechanism in 100 words or less.
Arbitrum’s airdrop attracts developers by distributing ARB tokens to reward contributions like building dApps or smart contracts. Launched in March 2023, it allocated 11.62% of its 10 billion ARB supply to 600,000+ wallets, targeting active ecosystem participants. The reward mechanism ties token distribution to usage metrics, such as transaction volume and contract deployment, encouraging developers to create and scale projects. With ARB enabling governance in the Arbitrum DAO, developers gain influence over the ecosystem’s future, aligning incentives with long-term growth. This fosters a vibrant developer community, boosting Arbitrum’s layer 2 adoption.