$OP Airdrop (Redux)


Overall Stats
Daily Stats
Delegates
$OP Claim Amount Distribution
$OP Transfers
Introduction
In this dashboard, we will examine the Optimism airdrop which was offered earlier this summer to users by Optimism.
Definitions and Informations
What is Optimism?
Optimism is a Layer 2 scaling solution for Ethereum that can support all of Ethereum’s Dapps. Instead of running all computation and data on the Ethereum network, Optimism puts all transaction data on-chain and runs computation off-chain, increasing Ethereum’s transactions per second and decreasing transaction fees.
Optimism airdrop
Optimism has announced the launch of their governance token “OP” and confirmed to airdrop 19% (5% for the first round) of the total supply to early and future Optimism users. Optimism Users, Repeat Optimism Users, DAO Voters, Multisig Signers, Gitcoin Donors, and Users Priced Out of Ethereum by the snapshot date are eligible to claim the airdrop. The snapshot of the addresses was taken on March 25th, 2022 at 0:00 UTC.
The Optimism Foundation’s Airdrop #1 rewards those who have been instrumental as early adopters and active users of projects in the Optimism ecosystem. To celebrate their Ethereum roots, The Optimism Foundation also wants to welcome active L1 participants who can help scale Ethereum’s innovations, culture, and values to Layer 2. In total, 248,699 addresses are eligible to claim OP in this initial airdrop. [Source]
OP Claims
On May 31st, the $OP token became claimable for eligible users.
Summary
- In the first 2 days, more than 128 million tokens were claimed (More than 80% of total claimed tokens and about 60% of all allocated tokens for the airdrop)
- Most of users with higher token allocation have already claimed their tokens.
- 10.5% of claimers didn’t transfer any of their claimed tokens.
- 27.6% of claimers haven’t delegate any of their tokens.
Methodology
- This dashboard is a redux version of my previous dashboard with some new insight ($OP Claim Amount Distribution) and improvement.
- The distribution of eligible $OP to claim were extracted from:
- CSV with the list of airdropped addresses: publish_op_airdrop1.csv
- Claim transactions were extracted from
optimism.core.fact_event_logs
table with contract address of0xFeDFAF1A10335448b7FA0268F56D2B44DBD357de
andclaimed
event name. - Delegate transactions were extracted from
optimism.core.fact_event_logs
table with event name ofDelegateVotesChanged
for $OP tokens (OP Contract address:0x4200000000000000000000000000000000000042
) - Transfer Tokens data were extracted from
optimism.core.fact_token_transfers
table.

- In the first 2 days, more than 128 million tokens were claimed (More than 80% of total claimed tokens and about 60% of all allocated tokens for the airdrop)
- The daily average chart shows that most of the users with higher allocation airdrop claimed their token on the first day.
- More than 80% of $OP tokens were allocated to users with less than 1,000 $OP.
- Only 38.5% of users with less than 500 $OP airdrop amount have claimed their tokens.
- Most of users with higher token allocation have claimed their tokens.
- 27.6% of claimers haven’t delegate any of their tokens.
- 10.5% of claimers didn’t transfer any of their claimed tokens.
- 88.7% of claimed tokens were transferred out from the user’s wallet.