To do so, we are going to see how the users who won LOOP tokens behave and also how the traders behave. In the first graph, we can see the total number of LOOP tokens sold. As we can see, the total of tokens sold is immense in the first days and then it calms down. However, we have to bear in mind that the median of all the following days is around 0.2M of tokens sold, which is a significant amount. In fact, if we look at the total number of tokens sold these days, we are already around 7.5M, which is already more than the entire airdrop pool, which is 6.5M.

On the other hand, in the second chart, we see how capital is added to LOOP LPs during these days. If we look closely at the chart, we can see in pink the total amount of LP LOOP provided, and in green the total LOOP sold. As we can see, near the first dates, the number of provided LOOP is quite low, and in mid-October it tends to increase a little bit, being a mini peak on October 14th and a super peak on October 18th of more than 250k LOOP provided! Then during last week, the chart looks more continuous with no more heavy peaks but with higher median respect to previous days. Another important aspect is that provided bars are always higher than liquidated ones, which indicates the force of the LOOP token.

Analyzing the two charts at the same time, we can conclude that most of the tokens that are sold, then with cleared and aggregated in LPs, especially in the LOOP-UST pool, which indicates that many of the people have confidence in the token, and this translates into confidence in the project behind it. Let's see if this lasts!

Finally, I have executed some line codes outside Flipside Crypto sqls. I use Python to analyze what exactly do the airdropers with their tokens claimed. To be fair, I am not as convinced as I thought. Why? Because I see good data like mostly 50% of users are yet holding their LOOPs, but fewer of them provided liquidity, which doesn't aggregate stability to the token. If we look at the price chart, we would see some sporadic fluctuations due to we need for more LP to the pairs in order to stabilize it.

What is Loop Finance? Loop Finance is a tokenized Community & DEX on Terra that rewards its users with its own token LOOPR. In Loop Finance, every user can share information about Terra and other protocols inside the ecosystem. Users can obtain benefits not only sharing this content but also interacting with the platform as well as making engagement.

Loop Finance has launched an airdrop for holders of Terra and participants of Loop Finance during the date of the snapshot. The idea is to compensate for the effort of their community as well as their earlier entrance to the project. For this reason, users who can claim LOOP airdrop are those who use the Loop Finance platform during the last few months in terms of creating content and engagement into the platform, as well as those who have been used some other related functions on it.

The airdrop consists of a total of 6,5M of LOOP to be claimed.