In this dashboard, we will look at the Top LDO holders and if they had sourced their Lido Governance tokens from the Retroactive Airdrop or other means

Lido DAO token is deployed at 0x5a98fcbea516cf06857215779fd812ca3bef1b32, hence we can query the current top holders from ethereum.erc20_balances table. We must ignore the address 0x3e40d73eb977dc6a537af587d48316fee66e9c8c, which is the Lido DAO treasury which has a huge chunk of Lido DAO tokens.

The retro active airdrop was provided for early stETH users, with users allowed to claim from the Airdrop Address : 0x4b3edb22952fb4a70140e39fb1add05a6b49622b. ethereum_core.fact_event_logs table can be used to retrieve Transfer events emitted by LDO token where LDO tokens are transferred from the above address.

The above plots show the top LDO holders

The plot above shows the top Airdrop receivers

Searching the airdrop receivers for the top 10 LDO wallets, we wont find any, as the below query is empty.

This means none of the top LDO holders received it from airdrop. Going through etherscan for these wallets, we see almost all of these are LDO seed investment receivers from Aragon DAO builders.