$OP Airdrop

Earlier this summer, Optimism offered an airdrop to users. Let’s examine the airdrop after a few months.

As you may know, the TGE was on 31st May 2022.

At the time 248,699 users were eligible to claim a particular share of OP's total supply.

OP total supply: 2^32 (4,294,967,296) $OPs

5% of the total supply was allocated to the first airdrop round, which means ~250k users could claim their $OP tokens.

Total $OPs available for the first round: 5% * 2^32 = 214,748,365

Most of the users claimed their $OPs one day after TGE (Not on TGE day).

The key methods in this dashboard are claim~0x2e7ba6ef and delegate~0x5c19a95c on the $OP’s main contract (0x4200000000000000000000000000000000000042)

Today I am going to share some useful insights about $OP (Optimism Token on Optimism network) airdrop.

I suppose that there are some essential questions about this topic, so I am going to answer these questions in a minimalistic dashboard.

How many users claimed optimism airdrop?
How much of the total airdrop was claimed?
How many wallets are still holding tokens from airdrop?
How many users delegated their OPs?
What about the token price? Which metrics have been influential?

How many users claimed optimism airdrop?

How much of the total airdrop was claimed?

At the time of writing this dashboard, a total number of ~160M OPs have been claimed! If we assume 214,748,365 OPs as the current supply of OP tokens (Take a look at the first image I have attached), 75% of claimable $OPs have been claimed, approximately!

How many wallets are still holding tokens from airdrop?

We have ~17k loyal users who have never transferred their $OPs at all.

How many users delegated their OPs?

What about the token price?

A little while after TGE, the price dropped as expected about every typical airdrop (The more supply, the more fluctuations). In this case, after some days, $OP recovered itself and showed it is still undervalued in this price zones.