What is Loop?

Loop is a Terraform Capital project offering a two-fold product Loop AMM and Loop wallet. Loop AMM is an automated market maker on the terra blockchain and the Loop wallet Loop Wallet will actually be a shopping app, where people can make purchases from local businesses.

Loop airdrop analysis

The graphs below show:

(1). Loop airdrop recipient loop usage

(2). Total amount of loop airdrops claimed

Conclusion

(1). Most of the Loop airdrops were swapped for UST but a good portion of loops that airdrop recipients held was put into the LOOP-UST Pool.

(2). Since the airdrop there has been a consistent amount of liquidity added to the LOOP-UST pool with a much greater value than the initial airdrop.