Proposal: Fund Arbitrum Odyssey 2.0 Airdrop

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Thanks for your support, feedback and question @Michigan_Blockchain!

@Michigan_Blockchain

The requirement of collecting 11/12 badges (or ~90%) feels quite high given the sustained engagement required for achieving this. It is also the case that Arbitrum, with its low fees, enables increased participation from smaller participants relative to Ethereum as the gas fees may price them out on mainnet. Still, it is likely some protocol tasks may require depositing relatively large sums onto their protocols. While beneficial for the protocol, we want to ensure we gain participation from a wide range of participants while reducing sybil participants. Representing college students, for instance, we know many will not be able to make such deposits (lol). This is not an easy task and we hope to discuss it further, but we feel one step could be reducing the requirements to 66% or 8/12 given the current protocol numbers to maintain adequate protocol quests and encourage widespread participation.

We hear you. It’s important to us that the Odyssey quests are inclusive and accessible to anyone that wants to complete them, we believe no one should be priced out of a quest or airdrop. Therefore are the quests designed to be accessible, an example of this is are the GMX and Dopex quests, where a deposit of just $10 is required. Given this low barrier to entry and the desire to only reward users that are highly engaged with the program and protocols, we believe that 90% completion is a fair number.
We are happy to discuss this more and welcome further feedback.

@Michigan_Blockchain

1. The proposal states that you aim to conclude Odyssey 2.0 in mid-October and the program has already been running for some time. We apologize for not engaging more sooner, but from Tide’s site, it appears there were only around 1,900 participants originally, with fewer having completed many of the quests. To this extent, distributing 900k ARB seems unnecessary as few will have completed 11/12 quests (all will just receive the 2000 ARB max). Therefore, we question if it would be better to re-run or somewhat extend the program, allowing early protocols to have another quest (GMX v2 was still in beta, for instance). We could provide a larger grant to encourage more participation, and perhaps collaborate with the Arbitrum team and utilize additional marketing to truly spur activity on Arbitrum like the first Odyssey did.

This is a good point. We’re very open to a closer collaboration with the Arbitrum team , additional marketing via official Arbitrum channels will no doubt have a large effect on Odyssey engagement.

Regarding the Odyssey conclusion date, we’re very likely going to have to push this date into the future as more protocols have now reached out asking to participate.