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Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop
The front ends were down amid massive interest from traders.
Updated May 9, 2023, 4:11 a.m. Published Mar 23, 2023, 1:06 p.m.
Arbitrum's website and blockchain scanner was down ahead of the ARB token claim event amid massive interest from token users.
"This Serverless Function was rate limited," a prompt on the site said at writing time on Thursday.
Users can still claim tokens from the smart contract directly, as the website just serves as a front end for the blockchain itself. Blockchain explorer Arbiscan reported over 85,000 users in a 30-minute window as the claim went live, as per a tweet.
— Arbiscan.io (@arbiscan) March 23, 2023
ARB price action is expected to be significantly volatile on the first day. Arbitrum developers confirmed last week that ARB will be airdropped to community members on Thursday, March 23, based on their prior network activity, marking Arbitrum’s official transition into a decentralized autonomous organization (DAO).
Read more: Arbitrum Token Settles at $1.38 Amid Airdrop Claim Chaos
Shaurya Malwa
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
