Exciting New ARB Token Airdrop: Boost Your Rewards with Clipper and Arbitrum!
Ahoy! Clipper is the recipient of a large Arbitrum LTIPP grant! The Clipper community will receive 174,308 ARB tokens from the Arbitrum Foundation. This is designed to incentivize new and existing liquidity providers. With the support of Fuul, a leading Web3/Crypto affiliate program company, we’re launching a robust incentives campaign to elevate Total Value Locked (TVL) and reward loyal liquidity providers (LPs).
What’s the Plan?
Goals:
- Double TVL in Clipper’s Arbitrum pool to $2mm.
- Onboard 4,000 Clipper LPs from other chains to Arbitrum
How You Can Benefit
- Liquidity Mining Rewards: Clipper is distributing 74,308 ARB tokens to attract new LPs and additional TVL to Clipper’s Arbitrum pool. Each week, 6,167 ARB will be distributed to LPs proportionally based on daily snapshots of their liquidity. This means early LPs will earn higher yields!
- Previous LP Incentives: Clipper is distributing 100,000 ARB tokens to past Clipper LPs from other chains who deposit Clipper’s Arbitrum pool. Each week, 8,333 ARB tokens will be evenly divided between all LPs from different chains. This means early participants will receive a greater share of the rewards. Note: You don’t have to pull your liquidity out of other chains, just deposit new liquidity in Arbitrum.
Clipper is distributing ARB tokens to attract new liquidity providers (LPs) to its Arbitrum pool. You can qualify for both rewards:
- Reward A: Proportional Distribution to all LPs
- Each week, 6,167 ARB will be distributed proportionally to all LPs based on daily snapshots of liquidity. 74,308 ARB tokens will be distributed in total.
- Reward B: Bonus Equal Distribution to past Clipper LPs
- An additional 8,333 ARB will be evenly divided among LPs who had a position open on another chain before the start of the reward program and deposit in the ARB pool. 100,000 ARB tokens will be distributed in total. Note: You don’t have to pull your liquidity out of other chains, just deposit new liquidity in Arbitrum.
Referral Rewards Program
Additionally, there is a referral rewards program. Here is how to get involved:
Refer others to deposit liquidity on Arbitrum to earn additional ARB rewards. To qualify for rewards as a referrer, you must have at least 4 LP tokens (approximately $50 USD).
The rewards will be paid once a week, along with the existing campaign rewards, and will be calculated as follows:
1 ARB for every $100 of referred liquidity deposited on Arbitrum Pool per day.
Example: User A refers User B
- User B deposits $100 of liquidity into the Arbitrum Pool and keeps it deposited for two full weeks of the campaign.
- User B will receive their liquidity mining rewards each of the two weeks.
- User A (as long as they have deposited at least $50 of liquidity) will receive 7 ARBs each week. That’s 1 ARB for each of the 7 days, earning a -total of 14 ARBs for referring User B.
Users found to be self-referring will be disqualified from receiving rewards.
If referral rewards exceed the weekly budget allocated to this program, the total budget will be distributed pro-rata among the referrers based on the liquidity referred by each one.
How to Participate
Deposit Liquidity!
- Step 1: Connect your wallet via Fuul HERE.
- Step 2: Deposit at least the equivalent of $50 USD or 4 LP tokens in the Arbiturm pool.
- Step 3: Claim your ARB rewards at the end of each week.
Everyone will receive mining rewards in proportion to the amount you deposited. Past Clipper LPs will receive an additional bonus!
Stay Informed and Share the News!
User-Friendly Interface: Track your rewards, view your leaderboard position, and claim earned ARBs via the Fuul-hosted landing page.
Spread the Word: Share this exciting news on social media. Be sure to tag @Arbitrum and @Clipper_DEX. Also, be sure to join the Clipper Discord.
Call to Action
Let’s work together to boost the TVL of Clipper’s Arbitrum pool TVL and improve the Arbitrum Ecosystem. Participate in this campaign, reap the rewards, and help spread the word. Your support is crucial in making this initiative a success. Join now, start earning, and be part of Clipper’s growth journey on Arbitrum!
For detailed information, check out Clipper’s proposal and grant details:
Join, earn rewards, and make a difference!