Try Quests to earn cryptoAcross Protocol Airdrop
These data show that around 3.6 million $ACX tokens have been claimed by users to yet, and approximately 1000 individuals have registered for their airdrop.
and similar to earlier airdrops, the majority of tokens were claimed within the first few hours, with a subsequent decline in the number of claimed tokens.
Method:
In this dashboard I used 3 sections include:
1-Across Airdrop
2-Compare Bridge activities between Across,Synapse and HOP
3-TVL comparison betwen 3 protocols
there are about 31K users that are eligible for ACX airdrop.all the eligible wallets for airdrop are in this file below:
In the first section I mentioned these analysis:
1-Amounts of $ACX airdrop claimed by hour
2-Number of users who claimed their airdrop by hour
3-Claimed VS Unclaimed $ACX token amounts
4-Claimers VS eligible users who don't claimed their airdrop
5-Cumulative Claimed VS uncliamed $ACX tokens by hour
6-Distribution of claimed $ACX tokens by number of users
7-Users actions after claiming their airdrop
8-Users activities after claiming the airdrop by days
9-Protocols that users used them after claiming their airdrop
10-Protocols that users used them after claiming their airdrop by hour
11-$ACX price VS $ACX claimed by day
12-Top 20 users with most $ACX claimed
\n In the second part I showed these charts and analysis:
1-Comparison of Total Number of Unique Wallets between 3 protocols
2-USD volume of 3 Bridges
3-Number of unique users per day in 3 bridges
4-Normalized Number of unique users per day in 3 bridges
5-USD volume of 3 bridges per day
6-Normalized USD volume of 3 bridges per day
7-Cumulative USD volume of 3 bridges by day
8-Cumulative Number of unique users by day in 3 bridges
9-USD volume of HOP,Synapse and Across protocol by different assets
10-Normalized valuses of transactions on bridges
11-Bridges by their USD size of transactions
And in the last section I mentioned these analysis for TVL:
1-TVL of 3 protocols on Ethereum
2-HOP,Synapse and Across protocol TVL over time(USD)
3-TVL comparison of 3 protocol over time on Ethereum
\n And in the end it is important to say that all the charts and figures are from Ethereum tables and other blockcjains are not considered in this dashboard.
There are 115 million ACX airdropped tokens, yet as of today, just 3% of them have been claimed by users. Moreover, 31000 users are eligible for the airdrop, but the bulk have not yet claimed it (maybe because of low USD value of the airdrop)
Most users are only eligible for 0-250 tokens, which is a little amount in terms of USD volume. The low USD amount of airdrop tokens, which is not worth it, is the reason why people aren't claiming their airdrops (only 3% of users have done so thus far).
After claiming them, most users transferred their ACX tokens, with swapping coming in second. and for that reason, within a short period of time, the price of the ACX token abruptly dropped. The fact that 6% of users bridged their ACX tokens to L2s is intriguing.
The most popular airdrop protocols are Uniswap and MEXC Exchange, which indicates that most users sell their airdrops after claiming them, with Uniswap being the most popular protocol for doing so.
Intriguingly, MEXC usage increased for just one or two hours after users start claiming their airdrop, but then started to decline.
We can observe that the quantity of claimed ACX tokens and the price of ACX are correlated. This leads us to the conclusion that the majority of claimants either sell their airdrop very away after claiming it or switch to other assets. Moreover, it is evident from the pie chart that the majority of users claimed between 0 and 250 ACX tokens.
Well. Although Synapse has the highest USD amount of bridges, HOP has the most users. & Across has the least amount of bridges in USD and ranks second in terms of the number of users. These two charts show that although HOP is utilized by retailers, Synapse is more commonly used by whales.
Between the three bridges, Hop has the most users and is the oldest. Across is the newest bridge, however it has a respectable amount of users and more than Synapse does.
As we can see, out of the three bridges, Synapse has the highest USD volume. and among Bridges, Hop has the lowest USD volume. (As I mentioned, HOP is frequently used by regular users, whereas whales prefer Synapse.) Additionally, Across has shown an acceptable growth in terms of the USD volume of bridges.
This chart indicates that Hop has the most TVL on Ethereum, with the majority of its TVL being USDC and ETH. Additionally, Across has the second-rank TVL, with the majority of its TVL coming from USDC and WETH. And Synapse has the least TVL, with all of its TVL being Ethereum stablecoins.
The TVL of Synapse on Ethereum is declining over time, while the TVL of Accross has also lately reduced, as can be seen from TVLs over time. and starting in 2022, the TVL of HOP dropped from over 80 million dollars to little over 50 million dollars. (The bear market may have been a factor in all 3 bridges' lower TVL.)
This graph illustrates the TVL of all three bridges over time on Ethereum, and it is clear that starting in the middle of 2022, the TVL of all three bridges will be nearly constant, with a few exceptions. Additionally, starting in 2022, the TVL of all 3 bridges decreased.
In the groupings with higher USD volume, we can observe that Synapse has a greater number of transactions, whereas HOP has a greater number of transactions in those with a lower USD volume. The average size of transactions on Across are utilized by both retailers and whales.
Introduction:
Across is a cross-chain bridge for L2s and rollups secured by UMA's optimistic oracle. It is optimized for capital efficiency with a single liquidity pool, a competitive relayer landscape, and a no-slippage fee model.
The Across Protocol keeps the majority of the LP assets on L1 mainnet, where it is most secure and maximally efficient.
Across uses third-party relayers that risk their own funds to bridge assets. These relayers can choose to move funds far faster than the origin or destination chain's finality times, allowing for “fast fills.” This means relayers can take calculated risks and compete with each other on speed to fill users' deposit requests.
Across uses UMA’s optimistic oracle to confirm that transactions on all the chains are correct. If there is a transaction that is incorrect, it will be disputed and resolved by UMA tokenholders. It only requires a single honest actor to detect fraud.[1]
Token Overview:
The ACX token governs the decisions that affect the function of Across Protocol as well as the decisions that manage the DAO’s treasury. It is an ERC-20 token.
A token allows for decentralized ownership and control of the protocol. The ACX token will control Across Protocol, putting governance decisions in the token holders’ hands.
ACX Token Allocations:
1-115MM ACX for Airdrop
2-250MM ACX for Strategic Partnerships and Fund-Raise
3-100MM ACX for Protocol Rewards
4-535MM ACX for Across DAO Treasury Reserve
**1-**1000 people have claimed their airdrop, and about 3.6 million $ACX tokens have already been claimed by users.the bulk of tokens were claimed during the first few hours, and like past airdrops, the number of claimed tokens then started to diminish.
**2-**Just 3% of the 115 million ACX airdropped tokens have been claimed by users as of this writing. Additionally, 31000 users are qualified for the airdrop, but the majority have not yet redeemed it (maybe because of low USD value of the airdrop)
**3-**We can observe that the quantity of claimed ACX tokens and the price of ACX are correlated. This leads us to the conclusion that the majority of claimants either sell their airdrop very away after claiming it or switch to other assets. Moreover, it is evident from the pie chart that the majority of users claimed between 0 and 250 ACX tokens.
**4-**Synapse has the biggest USD volume of the three bridges. Hop has the lowest USD volume among Bridges. (As I indicated, normal people typically utilize HOP, whereas whales use Synapse.) Additionally, Across has seen a decent rise in the number of bridges sold in USD.
**5-**Hop is the Ethereum project with the most TVL, the bulk of which are in the form of USDC and ETH. Along with that, Across has the second-rank TVL, with the majority of its TVL coming from WETH and USDC. The smallest TVL is held by Synapse, which only owns TVL in Ethereum stablecoins.
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