Try Quests to earn cryptoAcross Protocol Airdrop
Across Protocol
Across Protocol is built on UMA's Optimistic oracle machine, which supports cross-chain round-trip transactions from Ethereum L1 to Ethereum L2. It combines Optimism oracles, repeaters, and single-sided liquidity pools to provide decentralized instant transactions between chains. The ACX currently supports networks such as Ethereum, Arbitrum, Optimism, and Polygon.
Across Protocol allows users to borrow liquidity from decentralized repeaters to transfer tokens between different chains (layers) instantly and with low fees. Repeaters can pre-fund users for instant transfers between chains. In return for providing this service, repeaters can choose on-chain compensation from a single liquidity pool on the Ethereum network.
FINDINGS
According to the tables on the side, the time and day when the most acx tokens are claimed is 28 November 14.00.
After this date, it decreased rapidly and some hours were not even claimed.
When we look at the total values, the total number of ACX tokens claimed is 3.71M and the total number of ACX claimers is 1019.
Among these 1019 people, 63 people are delegates.
And among these 1019 people, he decided to hold 689 ACX tokens and sold the remaining 330.
When we classify these users according to balances, the category with the highest number of claimers is the '<300 ACX' category. It has a total of 411 claimers. Then it is followed by '> 1500 ACX' with 316 claimers.
FINDINGS
When we compare bridge platforms according to usd volumes, the first platform is 'Synapse'. It has a total bridge volume of 266M USD, which is more than double the sum of the other two platforms. In the daily chart, we can say that it experienced its highest values between 9-10 November. This is most likely due to the FTX crash.
FINDINGS
The token with the highest volume in Tvl values was ETH, followed by USDC. When we look at the total values, 'Hop' took the first place with a very high difference and has a total of 1.3B USD TVL. In addition, the most used token in 'hop' was ETH again. It occupies 20M USD. When we look at the historical graphs, we see a very stable picture. ETH and USDC usage were almost always the same. The only exception is ETH usage was high at the beginning of November, but with the collapse of FTX, this has also dropped and remained stable.
FINDINGS
When we examine the bridge transactions, the table is slightly different. 'Hop' has managed to have the highest number of transactions in the last 30 days, with a total of 24.4k bridge transactions. And secondly, Across followed him. To make a small inference from here, the platform with the least USD volume was Across. But Across, which has the second highest number of bridge transactions. This means that users with small balances generally prefer Across. Users with large balances prefer Synapse.
FINDINGS
When we look at the number of users, it occupies a total of 60 percent in the first-placed percentile, as in the hop bridge transactions. The total number of users is 10.7k. The number of bridge transactions of Synapse was 9860, but the number of users was 5317. When we compare the rates of other platforms, 'Synapse' is the least reused platform.
ACX Token
The ACX token governs the decisions that affect the function of Across Protocol as well as the decisions that manage the DAO’s treasury. It is an ERC-20 token. A token allows for decentralized ownership and control of the protocol. The ACX token will control Across Protocol, putting governance decisions in the token holders’ hands. Governance was “turned on” at token launch. The lifecycle of a proposal includes ideation, discussion, proposal, feedback, voting and execution. We use Forum and Snapshot as our governance platforms. Soon we’ll introduce an optimistic governance tool built in collaboration with UMA and Snapshot. In addition to governance, ACX also incentivizes liquidity providers and those participating in the Across Referral Link program.
Based on the official Across airdrop landing page, a total of 1,000,000,000 $ACX will be minted at inception and 115,000,000 $ACX will be distributed through an airdrop to users who have contributed to Across.
CONCLUSION
Day when the most acx tokens are claimed is 28 November 14.00.
After this date, it decreased rapidly and some hours were not even claimed.
When we look at the total values, the total number of ACX tokens claimed is 3.71M and the total number of ACX claimers is 1019.
Among these 1019 people, 63 people are delegates.
And among these 1019 people, he decided to hold 689 ACX tokens and sold the remaining 330.
'Synapse' is the platform with the highest usd volumes among the bridge platforms. The platform with the highest bridge transactions was 'Hop' and the one with the highest number of users was 'Hop' again. In addition, as I mentioned above, 'Synapse' is the least reused platform. And 'Hop' is preferred by low balance users.
When we examined the tvl values, 'Hop' managed to be the first and the token with the most usd volume was ETH while calculating tvl.
What is Synapse Protocol?
Synapse is the most widely used, extensible, secure cross-chain communications network. Build truly cross-chain applications using the Synapse Protocol. Synapse is comprised of a cross-chain messaging framework and an economically secure method to reach consensus on the validity of cross-chain transactions, enabling developers to build truly native cross-chain apps.
Synapse’s cross-chain messaging contracts can be deployed across any blockchain and Any arbitrary data can be sent across chains including contract calls, NFTs, snapshots, and more.
What is Hop Protocol?
Hop protocol is a mechanism for transferring tokens over a shared layer 1 network quickly and without trust. It provides customers with a two-pronged token bridge for Ethereum's layer 2 network. The solution aims to facilitate the rapid movement of a token between layer 2 and a scaling solution's governance token.
