True Freeze - 7. FRZ Airdrop Activity After Claim

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    Introduction

    TrustFreeze is a decentralised system that enables anybody to remove ETH from circulation, which is often known as a "proof of patience, in exchange for minting frETH yield tokens and a tradable Certificate of Deposit Freezer NFT. This action may be performed by anyone.

    The Freezer Revenue Token, known as FRZ, is being developed with the intention of becoming an integral component of the genuine freeze cryptocurrency ecosystem. The FRZ token functions similarly to a traditional asset that receives dividends, and the value flow of inbound frETH and WETH is what defines the token's theoretical worth. Its market value is free market decided. The FRZ does not have any liquidity incentives, but it is fixed to the value of the US Dollar on exchanges in order to maintain its stability.

    What is going to be shown in this dashboard (Purpose)

    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?

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    Method

    Using Flipside’sethereum.core.ez_token_transfers, ethereum.core.fact_event_logs and ethereum.core.fact_transactions , this dashboard aims to visualize the following items:

    • Eligible addresses for claiming the airdrop
    • Eligible addressees that have claimed the airdrop
    • Total number of FRZ tokens claimed
    • Addresses that did not claim airdrop
    • Total number of not-claimed FRZ tokens
    • Activities done by eligible addresses using their received airdrops
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    • Totally, 23000 addresses were eligible to receive an airdrop.
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    • From 230000 addressees eligible for receiving airdrop, only 1127 users have claimed airdrop.
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    • calculating the percentage of users claimed airdrop, it was identified that 0.49% of these users have claimed airdrop.
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    • Totally, 307k FRZ tokens were claimed by eligible addresses.

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    • of 230000 users eligible for receiving airdrop, about 229k did not claimed airdrop.
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    • Totally, 57.6M FRZ tokens did not claimed by eligible users.

    What do users do with their FRZ tokens

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    • This graph shows the activities done by claimed users.
    • The majority of users (N- 233 users, 45.3%) have transferred their FRZ tokens
    • The second most popular type of transaction was approving, so that 131 users (25.5%) fall in this category.
    • The third common transaction type is staking, so that 114 users (22.2%) staked their FRZ tokens.

    Summary

    • Totally, 23000 addresses were eligible to receive an airdrop.

    • From 230000 addressees eligible for receiving airdrop, only 1127 users have claimed airdrop.

    • Only 0.49% of these users have claimed airdrop.

    • Totally, 307k FRZ tokens were claimed by eligible addresses.

    • of 230000 users eligible for receiving airdrop, about 229k did not claimed airdrop.

    • 57.6M FRZ tokens did not claimed by eligible users.

    • The most common type of transactions that done by users regarding their received FRZ tokens were transferring (45.3%), approving (25.5%), and staking (22.2%), respectively.