Arbitrum is a Layer 2 scaling solution for Ethereum, designed to increase the throughput and efficiency of the Ethereum network. The network was introduced in August 2021 and has been under the sole authority of Offchain Lab, the company behind its development. However, the recent introduction of the ARB governance token is set to end the centralized control and make the network community-governed.

The launch of the ARB token and airdrop on March 23, 2023, is a significant step towards the network's decentralization, and it is expected to deliver a percentage of the total tokens to eligible ARB users. The airdrop is rewarding users based on their interactions with the network, with some users eligible to claim thousands of ARB tokens.

Given that 1.13% of the ARB allocations have already been sent to DAOs within the Arbitrum ecosystem, it is crucial to analyze how a fair airdrop would be to allocate part of the airdrop to DAOs. The intention of this dashboard is to examine the top DAOs within the Arbitrum ecosystem and provide recommendations on how the allocation should be made based on on-chain data such as each DAO's total value locked, trading volume, and user activity on the network. By prioritizing DAOs that have demonstrated a commitment to the ecosystem and that have the potential to attract more users and liquidity to the network, the goal is to ensure that the allocation maximizes the overall benefit to the ecosystem.

I would first conduct research on the top DAOs within the Arbitrum ecosystem. I would examine their respective governance structures, their track records, and the impact they have had on the ecosystem thus far. Based on this analysis, I would then make recommendations on how the Arbitrum Foundation should allocate the 13% of ARB tokens to DAO users.

One of the top DAOs in the Arbitrum ecosystem are Uniswap and Sushiswap, which has been instrumental in providing liquidity for various tokens on the Arbitrum network. Both have already demonstrated their commitment to the ecosystem by migrating their contracts to Arbitrum, and their success on other networks suggests that it has the potential to attract a significant amount of liquidity to the Arbitrum network. Given their importance to the ecosystem, I would recommend that the Arbitrum Foundation allocate a significant portion of the tokens to Uniswap and Sushiswap.

Another top DAO within the Arbitrum ecosystem is Aave, which provides decentralized lending and borrowing services. Aave has also already demonstrated its commitment to the ecosystem by migrating its contracts to Arbitrum. Given the importance of decentralized lending and borrowing services to the broader DeFi ecosystem, I would recommend that the Arbitrum Foundation allocate a portion of the tokens to Aave.

Finally, I would recommend that the Arbitrum Foundation allocate a portion of the tokens to smaller DAOs that have shown promise in contributing to the ecosystem. For example, DAOs that are developing innovative new products or services that could help to attract more users and liquidity to the network could be good candidates for an allocation.

In terms of how much each DAO should receive, I would recommend that the Arbitrum Foundation base its decision on on-chain data such as each DAO's total value locked, trading volume, and user activity on the network. By using these metrics, the Foundation can ensure that the tokens are allocated in a way that maximizes the overall impact of the allocation on the ecosystem.

Overall, I believe that the key to a successful allocation of tokens to DAO users within the Arbitrum ecosystem is to prioritize DAOs that have demonstrated a commitment to the ecosystem and that have the potential to attract more users and liquidity to the network. By making data-driven decisions and carefully evaluating each DAO's potential impact on the ecosystem, the Arbitrum Foundation can ensure that the tokens are used in a way that maximizes the overall benefit to the ecosystem.

The following results shown the importance of the aforementioned protocols to the Arbitrum ecosystem:

In addition to the previous metrics analyzed, another interesting set of data to be considered when analyzing the activity of the selected platforms is the growth in their activity over time. After analyzing the charts, it becomes evident that all three platforms have been experiencing a significant increase in their activity over the last weeks of 2022. However, the growth trend in 2023 has been even higher.

In particular, Uniswap has been experiencing its all-time highs in terms of transactions during the past weeks, with an exponential growth trend in daily gas used per platform. On the other hand, the growth in daily unique users is clear in Uniswap and Aave, but less evident in Sushiswap.

Interestingly, the daily average transactions per user decreased since the beginning of Arbitrum, but it seems to have started increasing slightly since the start of the year. Nevertheless, the most prominent metric is the daily gas used per platform, which has been experiencing an exponential growth trend in all three platforms, with Uniswap being the top one.

These results highlight the relevance of the selected platforms in the Arbitrum ecosystem and suggest that they are suitable candidates for an ARB token airdrop. The allocation of tokens to these platforms' users could promote even further growth and activity within the ecosystem.

After analyzing the metrics of the selected platforms in the Arbitrum ecosystem, we can conclude that Uniswap, Sushiswap, and Aave are significant contributors to the overall activity in the network.

In terms of transaction volume and unique users, these three platforms represent a considerable portion of the activity in the ecosystem. They have shown consistent growth over time, with a significant increase in activity in the last few weeks of 2022 and a further rise in 2023.

Uniswap stands out in terms of gas usage and average transaction fees, reflecting its position as the top decentralized exchange in the Ethereum ecosystem. However, Aave and Sushiswap also show higher fees than the rest of the network, indicating a willingness among their user bases to pay higher transaction fees for specific benefits or services.

It is worth noting that, despite these higher fees, these platforms represent less ETH fees per user compared to the entire community, highlighting the value they offer to users in terms of reducing the costs of financial transactions.

Overall, these platforms are essential contributors to the Arbitrum ecosystem and deserve a fair allocation of the ARB airdrop tokens. Given their significant contributions, it would be reasonable to consider them as potential candidates for receiving a portion of the ARB tokens allocated to DAOs within the ecosystem.

After analyzing the metrics of the entire Arbitrum ecosystem, as well as those of the selected protocols to receive an airdrop, namely Uniswap, Sushiswap and Aave, it was found that these platforms have a significant representation within the ecosystem.

Looking at the number of transactions, it was observed that each of the selected platforms had over 1 million transactions, representing 1% of the total 140 million transactions in the ecosystem. This suggests that these platforms are widely used and have a significant user base.

The number of unique users on these platforms is also significant, with more than 150,000 users joining each platform, and Sushiswap having the highest number of unique users with over 200,000. This is indicative of a strong and engaged community using these platforms.

When looking at gas usage, it was observed that each of these platforms contributes more than 1.5% to the total gas usage in the ecosystem, with Uniswap being the top contributor. This indicates that these platforms are processing a large number of transactions, and may be using more resources than other platforms in the ecosystem.

In terms of average transaction fees, it was found that Uniswap has significantly higher fees compared to Sushiswap and Aave. However, both Aave and Sushiswap also have higher fees compared to the rest of the network on average. Despite this, the analysis showed that these platforms actually represent less ETH fees per user compared to the entire community.

Overall, the analysis showed that Uniswap, Sushiswap, and Aave have a strong representation within the Arbitrum ecosystem, with significant transaction volumes, user bases, and gas usage. These metrics could be used to allocate a portion of the ARB airdrop to these platforms.