Loop is building an AMM DEX on Terra that will be integrated into a beta-stage, non-custodial crypto wallet (Loop Wallet) primarily built for shopping in a way advantageous to small businesses and mainstream consumers.

There will be a total of 6,500,000 LOOP airdropped to various Terra ecosystem participants. Participants in the Loop Twitter competition, LOOPR holders, and LUNA, MINE & STT stakeholder groups are also eligible to receive the airdrop.. This snapshot has already been taken at an unannounced date.

References:

https://airdrops.io/loop/

https://www.loop.markets/loop-token-sale-and-airdrop/

https://pinoffers.com/tag/loop-token-airdrop/

This graph shows the hourly trend of Loop airdrop claimed amount and Total volume of addresses on Terra network.

Here is the visual that shows the hourly trend of Loop airdrop's claimed addresses count over the last 2 weeks of October 2021 on Terra network.

The below curve shows the hourly trend recorded for claimed amount of Loop airdrop over the last 2 weeks on Terra blockchain.