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Home Cryptocurrency

Users flocked to different networks in anticipation of airdrops

Arover by Arover
March 18, 2023
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After Arbitrum officially announced the long-awaited airdrop the previous day, users flocked to other protocols where they were waiting for the airdrop.

zkSync’s daily user count has increased 7x

Among them, zkSync and StarkNet stood out. Number of users transferring ETH to zkSync, yesterday 7 bin 465 recorded as. This number is on the day the airdrop is announced. 2 bin 232was. Thus, in the last two days 10 good reached. The amount of ETH these users deposited is 1450 ETH it happened. Last week, when airdrops were not on the agenda as much as recently, the number of daily users was mostly below 1000.

After Arbitrum’s airdrop announcement, users flocked to zkSync. Chart showing daily user count and ETH flow, source: Dune Analytics

The number of users also doubled on StarkNet

The picture was striking on StarkNet as well. The sharp breakout in the chart on the right side of the chart below, showing the daily ETH flow, occurred after Arbitrum’s airdrop announcement. Yesterday bind 4 More users have used StarkNet and deposited over 400 ETH. If the previous day bin 753 The user was registered and the total amount of ETH exceeded 150 ETH. Number in the last two days 5 bin approached the user.

As it is known, the Arbitrum Foundation officially announced the airdrop on Thursday, which protocol users have been waiting for a long time. In the statement, it was stated that the airdrop will consist of 11.5 percent of the token supply, and in addition to this rate, 1.1 percent will be reserved for DAOs.

It was stated that the distribution of tokens will be made on March 23. A development kit has also been released for developers interested in building a tier 3 solution on top of Arbitrum. The L3 development toolset, called Arbitrum Orbit, will allow each developer to launch their own layer 3 solution on the Arbitrum codebase.

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Tags: airdropsanticipationflockednetworksusers

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