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The first monthly claim for the V1 airdrop will go live very shortly. Log into the token portal to claim your $ARENA allocation. The progress bar indicates how much of the monthly allocation you are entitled to. Going forward, the progress bar is expected be updated every week.

Since many of the V2 features were in development, the progress bar for last month was more lenient. However, the progress bar may be tuned over time to reward users who actively add value to the Arena rather than purely extract value. As mentioned some factors considered include $ARENA staking / usage. More details will be released and you can refer to “How to Claim Your Locked Tokens” section on the $ARENA Token page to learn more. Next week we will be announcing the details of dynamic staking. Part of dynamic staking will include the ability to become Arena Champions based on how much $ARENA you are staking. Arena Champions get specific social and financial benefits, making it the first of its kind. One direct benefit is access to the top memecoins that come out of Arena Launch. To maintain your Arena Champion status, you must keep your tokens staked. Our overall staking system measures not just how much you’re staking, but for how long you go without unstaking as well. The more you stake, the more rewards you get. The longer you stake, the more rewards you get. Who are the most loyal gladiators? ⚔️