Track the consolidation of voting power within the Arbitrum DAO. How many unique wallets have delegated their ARB tokens? How many unique delegates received tokens? Create a dashboard that monitors the total voting power and number of unique delegators for the top 50 delegates. Identify the top 10 delegators (by total ARB) for each delegate in the top 50.

Also examine the on chain activities of wallets that have chosen to delegate their voting power and note any patterns. Based on transaction histories, is it possible to identify which user segments are more likely to delegate tokens?

In this dashboard, the distribution of delegated $ARB tokens among Delegates has been investigated. Also, the top 50 Delegates have been determined. The use of following parts has analyzed the delegation and selection of delegates:

• The stats related to the $ARB delegation
• Top 50 Delegates and stats related to the selected Delegate
• Behavior of Delegates on the Arbitrum network
• Behavior of Delegators

Arbitrum is a decentralized network that combines the scalability of Layer 2 solutions with the security of the Ethereum mainnet. It enables users to build and deploy smart contracts on its platform, which can be used for various applications. The Arbitrum network also has its native token, ARB, which is used to participate in governance actions. Arbitrum is a secondary blockchain that, just like Ethereum, houses many decentralized applications.

Delegating your voting power is an essential part of participating in the Arbitrum DAO. As a token holder, you can vote on governance proposals and to elect members of the Security Council.

by Official website

The ARB token can also be staked by users to become a validator or delegate on the network. This process is known as delegation, and it allows users to earn rewards for their staked tokens. Delegators are rewarded for their contributions in helping maintain the security and integrity of the Arbitrum network.

If you are looking to delegate your stake in a blockchain network, it is important to find the best delegate address. To do this, you need to consider a variety of factors such as the delegate's reputation, their staking rewards, and their level of service. This article will provide a guide on how to find the best delegate address for your needs.

Various metrics and activities could be used to understand the behavior of the Delegates on the Arbitrum network.

The data provided by Flipside has been used to handle this analysis.

This dashboard is divided into these major sections as below:

1- General delegation analysis

• Total delegation amount.
• Total delegators and delegates
• Average and median delegate volume

2- Top 50 delegates and detailed analysis of the selected delegate

• The reader of this article could log in to the Flipside website and put the address of the delegate to find out the behavior of this address

3- Behavior of Delegate

• Count of transactions and paid fee
• ETH value of transactions
• Voting performance of delegates on the Snapshot

4- Behavior of delegators

• Average paid fee
• Average transaction per user
• Most popular sectors among delegators
• Popular actions
• Most used programs by delegators