Try Quests to earn crypto$OP Airdrop (Redux)
Even if you have very little familiarity with the cryptocurrency market, you definitely know that this market is very volatile and this fluctuation is for all the currencies in this market, and many of them are affected by each other, that is, when one of them falls. may cause the price of other currencies to fall.
Here you can see the price chart of two very popular currencies that have a great impact on the cryptocurrency market, and if you look carefully, you will notice that these two currencies always rise and fall with each other, that is, when the price of one of them decreases The price will also decrease and this price decrease will affect the entire cryptocurrency market.
From the beginning of August, the price of ETH and BTC began to decrease, and this price decrease also affected the price of OP and caused the price of this token to decrease, and we saw the price of these currencies decrease from the beginning of August to the end of October. And after that, their price increased a little
Delegate is one of the best options that users can do after their airdrop claim, because they both do activities to improve the network and use their token to benefit from its benefits in the future, but some users do not like this. They are not interested. Now let's see how many users are interested in delegating their token after claim.
In total, 92,000 users delegated their token after the airdrop campaign, which is 61% of all users, and on the other hand, 59,000 users did not delegate their token, which means 39% of users do not want to use the benefits of delegate.
About 70% of the users decided to delegate their token in the first 2 days, and 30% of the rest of the users delegated their token during these 6 months, and what is more important is that this process continues, meaning that users after 6 months users also delegates their token and this shows that Delegate is still attractive to users.Most of the users delegated between 500 and 1000 of their Ops, and the total number of delegated Ops in this group is 56 million, which has allocated about 35% of the delegated tokens. Nearly 8% of delegated tokens are more than 10,000, that is, users who had more than 10k tokens preferred to delegate their tokens, which shows that even users who have a lot of tokens started to delegate.
Price fluctuations
Optimism
Optimism is a layer 2 chain, meaning it functions on top of Ethereum mainnet (layer 1). Transactions take place on Optimism, but the data about transactions get posted to mainnet where they are validated. It’s like driving in a less crowded side street while benefiting from the security of a highway. source
What is a crypto airdrop?
A crypto airdrop is a method by which you can earn free crypto from a crypto project. There are several ways to receive these tokens. Many times an airdrop is associated with free cryptocurrencies, but this is not necessarily true. You have to put in time and effort or you may have to deal with transaction fees. However, it is also possible to participate in an airdrop for free! source
Methods
Tables I used : I use optimism.core.fact_hourly_token_prices for OP token price, i use optimism.core.fact_event_logs and filter transactions with event_name='Claimed' because i just want claim transactions. I use optimism.core.fact_delegations for delegated transactions.
Op Contract address: '0x4200000000000000000000000000000000000042'
Op AirDrop address: '0xfedfaf1a10335448b7fa0268f56d2b44dbd357de'
Metrics
- Op Price
- Amount Op Airdrop Claimed Percentage
- Percentage of Users that claim
- Total Amount of Op Claimed
- Total users that Claimed their Airdop
- Daily Amount Op Claimed
- Daily Number of Users that Claimed their Airdrop
- Total Number of Holders
- Total Number of Sellers
- Total Number of Users that delegate Op or Not
- Number Of Users Delegated
- Amount of Op Delegated
- Distribution Amount of Op Delegated
- Delegators Type
- Amount of Op Delegate per type
- Users First Actions after Claim
- Users First Destination after Claim
Thanks for reading
-
All data used are from: Flipside Crypto
\
-
My Twitter: Sepehrmhz8
Conclusion
The trend of airdrop claim is decreasing day by day and this is normal because only 25% of tokens have not been claim yet, which are being claimed with the current trend, although slowly, and the most important thing is that a large part of the tokens were claimed, but the Op price did not fall much, and this shows how respectable and reliable the Optimism network is for users.
Claim Status
The first thing that is very clear is the decrease in the number of OPs that have been claimed, because the main and loyal users of Optimism claimed their tokens at the very beginning, and as you probably noticed, in the early days when the OP token was claimable, its price was around its value. It lost because there were users who preferred to sell their token. Nearly 250,000 users of the Optimism network were eligible to receive airdrops, but 150,000 of them applied, which is about 60% of eligible users. Nearly 75% of the users who claimed their AirDrop in the first two days, i.e. May 31 and June 1, claimed their AirDrop, and the remaining 25% of users claimed from the third day until now. The total number of OPs that were supposed to be airdropped was 215 million, of which nearly 159 million OP tokens have been claimed by users, which means that 74% of the tokens have been claimed and 36% of them have not been claimed after the last 3 months.
Nearly 80% of Op tokens were claimed by users in the first two days , and the claim trend is still continuing even though it has decreased.
Hold Airdrop or Not ?
Nearly 85% of the users who received airdrops sold all their airdrops, that is, 127 thousand users did not stay loyal to the Optimism network and sold all their airdrops, and on the other hand, 6 thousand users, or 4% of the users who received airdrops, part of kept their token and these users probably wanted to show their loyalty with things like delegate, these users are relatively valuable for the network, but we get to the most loyal users, that is, users who kept all their airdrops, the total number of users who kept their airdrops There were 18,000 users, which means 12% of the users who received the airdrop remained completely loyal to optimism and did not sell any of their tokens and held them.
Delegate or Not?
Amount & Type of Delegate
About 92,000 users delegated for the first time, which is nearly 80% of users, and on the other hand, nearly 11% of users, or in other words, 13,000 users, delegated for the first time, and this delegation was for themselves, nearly 8 The percentage of users had Redelegate.
A total of 99 million tokens were collected for users who delegated for the first time, which is nearly 60% of the delegated tokens, and 18% of the tokens were for users who Redelegated , which is 24 million. The point is that the majority of those who delegate prefer to delegate to others because the number of those who delegate to themselves is much less than them.
Users Actions
When users claim their token, the token is deposited into their wallet, and they have to transfer their token for some of their uses, and the most activity of users is transfer after claim, which is a total of 4.7 million transactions for transfer. It has been recorded that it is 41% of the total transactions and the next most action among the users who claim their token is swap. They quickly swapped it to other assets to benefit from the financial value of their airdrop, and a total of 2.37 million transactions have been registered for swaps, which is 20% of all transactions.
Popular Destination
We have seen that swap has the second most action among users and users need to swap their assets in a dex to swap their assets. Now let's see where is the most popular destination for users who confirmed their airdrop.
More than 53,000 users went to the very popular and large UniSwap Dex after their airdrop claim and swapped the token they received, and in the next rank is another large Dex, 1Inch, where 20,000 users went to 1Inch after their claim. They went to it and in the third place is Velodrome, which is the native DEX of Optimism, which 10 thousand users visited after claim, so we found out that the 3 most popular destinations of users are from very large Dexs, with a total of 83 thousand users, which means more than 50% Some of the users referred to these 3 Dexs.