Treasure DAO
EndedNo MAGIC airdrop is documented. Treasure passed 8 million ARB to its users from Arbitrum's 2023 distribution, moved to ZKsync in December 2024 and shut its chain and publishing arm in 2025.
Airdrop Details
| Reward Type | No MAGIC airdrop documented (8M ARB passed to users) |
|---|---|
| Blockchain Network | Arbitrum (moved to ZKsync) |
| Industry / Category | Gaming |
| Ecosystem | Arbitrum (moved to ZKsync) |
| Time Required | ~ 10 Minutes |
| Eligibility | Task Based |
| End Date | 30 May 2025 |
About The Project
Treasure DAO was a gaming ecosystem built around the MAGIC token on Arbitrum. The history comes from The Defiant's restructuring report, Delphi Digital and Nansen research.
Earlier text on this page implied a MAGIC airdrop, which no source describes.
Why This Airdrop Matters
Treasure was one of the largest recipients of Arbitrum's ARB distribution in 2023 and airdropped eight million ARB, worth well over $10 million, to Treasure users. Arbitrum's wider programme sent $120 million of ARB to about 60 DAOs.
The project began as the Loot Project on Ethereum in August 2021 and moved to Arbitrum in October 2021 because of gas costs. In December 2024 it left Arbitrum for ZKsync, which prompted accusations of "grant-hopping".
In April 2025 Treasure said it would shut its game publishing operations and its Layer 2 chain as part of a restructuring. A TradingView post says the 30 May shutdown of Treasure Chain redirected 10 million MAGIC, earlier allocated to EigenLayer staking, to the treasury, which is a weaker source.
I found no source about a MAGIC airdrop, its eligibility or its amounts.
The pattern here, a project that took grants and then moved chains, is a reminder to check where an ecosystem stands before relying on rewards.
The restructuring is a useful case study in how fragile gaming ecosystems can be. A project that depends on grants and a single chain can lose both when incentives end or when it moves, and users holding its token carry that risk. Check the team's recent announcements before treating an old token as an active project.
If you still hold MAGIC or Treasure NFTs, compare current market liquidity with the price you see quoted, because thin trading can make exits difficult. Check for official notices about token migration or wind-down, and use only links from verified accounts when acting on them.
Participation Guide
There is nothing to claim. If you hold MAGIC, check Treasure's official announcements for the current state of the ecosystem and the token. Do not trust pages advertising a "MAGIC airdrop" or a "Treasure claim", which are likely scams given the 2025 shutdown.
Connect Wallet
Connect your wallet using only official verified links.
Join Community
Follow social accounts and join community channels.
Complete Tasks
Execute platform tasks, quests, or testnet actions to earn points.
Claim Rewards
Track your eligibility and wait for the official claim dates.
Detailed Tasks Requirements
- The ARB distribution to Treasure users was 8 million ARB.
- Treasure left Arbitrum for ZKsync in December 2024.
- The L2 chain and game publishing were shut in 2025.
Frequently Asked Questions
None is documented.
A share of 8 million ARB.
To ZKsync in December 2024.
The chain and publishing arm were shut down.