Try Quests to earn cryptoAcross Protocol Airdrop
The ACX airdrop took place this week. Create an analysis of the Across protocol bridge volumes, airdrop distribution and TVL.Compare this to any other bridges, like Synapse or Hop.
==what is Across Protocol?==
On November 28, MEXC Global Exchange will open and launch the Across Protocol (ACX) and ACX/USDT transactions.
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.
The following is a list of the supported tokens for each of the chains that ACX supports. In order to cross tokens from one chain to another, the token being crossed must be supported on both chains. link
ACX & HOP (volume , amount , users)
As it is clear from the graphs above, Across platform is much lower than platform Hop in their first three days, both in terms of the number of users and in terms of value. And there are many reasons, and perhaps one of the reasons is the value of the belonging token, as well as the fall of the Currency market and...
Introduction:
In this dashboard, we want to see the Airdrop that the Across platform took place on November 28 in terms of the number of users included and its token amount, as well as a comparison of the Airdrop with the Hop platform in terms of the number of users and its token amount. Since it has been three days since
Airdrop , it has been compared with Hop for the first three days, which started on 09-06-2022. and showing the top 10 users in each.
Bridge in Across & Hop and TVL in Across & Hop.
According to the obtained numbers, 948 users have about 3.5 million tokens, which is much less compared to the first three days of Hop's work.
Bridge in Across & Hop (Volume , Amount , Users) & TVL
Summary:
From the graphs of this dashboard, it is clear that the Across platform is far weaker in terms of the number of tokens and the number of users, and in terms of value compared to the Hop platform. And we conclude that Hop platform is more popular.