True Freeze - 7. FRZ Airdrop Activity After Claim

Approximately 230,000 addresses are eligible to claim FRZ. What percentage of all eligible addresses have claimed the airdrop? After claiming their allotment in the FRZ airdrop, what do participants do with their FRZ tokens? Date Created: 26/8/2022

TRUE FREEZE is a protocol that allows users to lock their ETH out of circulation and earn a yield doing so.

The protocol decided to airdrop FRZ tokens to 230k eligible users (info here).

In this dashboard i will show you how many users claimed their airdrop and what they did afterwards.

Data Sources: Flipside Tables

Note: The queries update daily but i made them and commentate them on 26/8/2022.

1. Users Claimed.

We see that until 26/8 only 1125 have claimed their airdrop which is 0.49% of the total eligible users.

They have claimed 306k FRZ Tokens out of the 42M Tokens dedicated to the airdrop.

2. User Activity after Airdrop claim.

I categorized user behavior into buyers, sellers and stakers because these are the possible actions a user can take .

We see that 110 have staked, 13 have sold on Uniswap and 9 have bought more.

We note that even though buyers and sellers are almost an order of magnitude less than the stakers each of their total amount of FRZ Tokens is very close ranging from 108k to 123k.

flipside