Loop Protocol Airdrop

Adria Parcerisas Albés
2 min readJan 17, 2022

Today we are gonna analyze the percentage of addresses that the airdrop was made available to claim the LOOP airdrop and how much was claimed in total.

First of all, 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. Until now, a total of 9704 addresses has been claimed the airdrop, which is less than 70% of the total addresses to be claimed.

The airdrop consists of a total of 6,5M of LOOP to be claimed. Until now, a total of 4.631.154 tokens has been redeemed, which is a 71,25% of the total airdrop. There are 1.868.845 left to be claimed, so hurry up if you are eligible for it!

Finally, we can see here the total of LOOP in UST claimed during the time. We can see a huge amount on October 8th, as well as a high number of transactions during this day.

To conclude, we have seen that in a few days more than 71% of total tokens have been claimed, which is a good percentage of tokens redeemed, indicating that the community is involved with the platform.

Author details:

Name: Adrià Parcerisas

Email: adria.parcerisas.albes@gmail.com

All info extracted from my Notion page.

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Adria Parcerisas Albés

Ph.D. ML and AI | Blockchain Technology and Cryptocurrency Expert