Try Quests to earn cryptoOptimism - OP Airdrop
Description of work
In this dashboard, we want to analyze Optimism's first airdrop. This dashboard includes the following sections:
1 - Optimism’s Airdrop#1
2 - Analyzing users who claimed the airdrop.
- 1 - 2 Number of users who claimed the airdrop.
- 2 - 2 Number of users who delegated their claimed Ops.
- 3 - 2 Number of users who hold their claimed Ops.
3 - Analyzing claimed Ops.
- 1 - 3 Number of claimed Ops.
- 2 - 3 Transferred Ops.
4 - Conclusion
1 - Optimism’s Airdrop#1
The Optimism Foundation’s Airdrop #1 rewards those who have been instrumental as early adopters and active users of projects in the Optimism ecosystem. To celebrate our Ethereum roots, The Optimism Foundation also want to welcome active L1 participants who can help scale Ethereum’s innovations, culture, and values to Layer 2. In total, 248,699 addresses are eligible to claim OP in this initial airdrop.
Optimism’s airdrop#1 has six sets of criteria. Two for Optimism users that target early adopters and active project users, and four for L1 Ethereum, which target active contribution, positive-sum behaviors, and active participation. Each set is distinct, meaning that an address can be eligible for multiple and allocated a sum of tokens accordingly.
As mentioned in the Optimism docs, 5% of the Op total supply tokens are allocated for the first Optimism first airdrop, which equals 214748364.8 Op tokens.
Source: community.optimism.io
Check if you are eligible for this airdrop at: app.optimism.io/airdrop/check
1 - 2 Number of users who claimed the airdrop
Methodology
- To find users who claimed airdrop, we use data from
[optimism.core.fact_event_logs]table. - Airdrop contract address: 0xfedfaf1a10335448b7fa0268f56d2b44dbd357de
- To find Op price, we use data from
[optimism.core.fact_hourly_token_prices]table
✔️Observations
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Airdrop claiming was started on May 31, 2022.
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In the first days of claim, the most significant number of claims were made by users.
- The highest number of users who claimed airdrop was recorded on June 1, 2022(73062 users), May 31, 2022(40923 users), and June 2, 2022(9230 users).
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149K users claimed airdrop, which includes 59.9% of total users who are eligible to claim airdrop.
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95.2% of users claimed their airdrops in June (67.7% - 100.84K users) and May (27.5% - 40.92K users).
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After a large number of users claimed airdrop in the early days, the price of Op dropped sharply (about 70% price reduction in two weeks).
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39.1% of users(58.28K) have claimed between 700 and 1000 OPs, 26.6% of users(39.64K) have claimed between 700 and 1000 OPs, and 26.2% of users(33.11K) have claimed more than 1000 OPs
✔️Observations
- 106.6K users have delegated their OP tokens after claiming airdrop, which includes 71.5% of users who have claimed airdrop.
3 - 2 Number of users who hold their claimed Ops
Methodology
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We consider the holder as the address that has not transferred any Ops after claiming the airdrop.
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First, we get the addresses of the users who claimed airdrop, as mentioned in section 1.
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Then we examine these addresses using data from
[optimism.core.fact_token_transfers]table.- If a user does not have any Op transaction after claiming airdrop, considered as Holder
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✔️Observations
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16.61K users hold their OPs after claiming airdrop.
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11.1% of the users who claimed airdrop hold their OPs.
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The number of Ops owned by Holders is equal to 14.42M OPs.
✔️Observations
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The total OPs allocated for Airdrop #1 is 214748364.8 OPs, of which 158.7M OPs(73.9%) have been claimed.
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The highest number of claimed OPs was recorded on June 1, 2022(68.78M OPs), May 31, 2022(60.11M OPs), and June 2, 2022(8.1 OPs).
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In the first days of claim, the most significant number of OPs were claimed by users.
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The highest value of claimed OPs was recorded on 2022-08-04, which was $311.324M.
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With the sharp drop in the OP price in June, the number of claimed OPs has decreased. At the end of July, when the price of OP increased, the number of claimed OPs also increased.
✔️Observations
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The total number of transferred OPs equals 139.3M OPs.
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87.8% of claimed OPs have been transferred. (for sale or swap or transfer to another wallet)
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12.2% of claimed OPs remain in wallets(19.349M OPs), of which 14.42M OPs are owned by holders, and 4.941M OPs are owned by people who have transferred part of claimed OPs, and part of OPs remains in their wallet.
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The highest number of transfers of claimed OPs was recorded on June 1, 2022(58.19M OPs), May 31, 2022(34.74M OPs), and June 2, 2022(8.27 OPs).
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With the sharp drop in the OP price in June, the number of OPs transfers has decreased. At the end of July, when the price of OP increased, the number of OPs transfers also increased.
4 - Conclusion
In this dashboard, we analyzed Optimsim Airdop#1, and the following results were obtained:
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Airdrop claiming was started on ==May 31, 2022==.
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149K== users claimed airdrop, which includes 59.9% of total users who are eligible to claim airdrop.
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After a ==large number of users claimed airdrop== in the early days, the price of Op dropped sharply (about 70% price reduction in two weeks).
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158.7== OPs claimed, which includes 73.9% of the total OPs allocated for Airdrop #1.
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In the first days of claim,== the most significant number of OPs were claimed by users.
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106.6K users have delegated their OP== tokens after claiming airdrop, which includes 71.5% of users who have claimed airdrop.
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11.1%== of the users who claimed airdrop hold their OPs.
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The number of Ops owned by Holders is equal to 14.42M OPs.
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87.8% of claimed OPs==(139.3M OPs) have been transferred==. (for sale or swap or transfer to another wallet)
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12.2% of claimed OPs remain in wallets(19.349M OPs), of which 14.42M OPs are owned by holders,== and 4.941M== OPs are owned by people who have transferred part of claimed OPs, and part of OPs remains in their wallet==.