Arkham Says EdgeX Airdrop Left Only About 9.5% of Tokens Circulating
According to Arkham (blockchain analytics platform), about $195 million in nominal token distributions included roughly $94.6 million allocated to partners and liquidity providers.
Summary
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Terms & Concepts
Airdrop: A token distribution method in which a crypto project sends tokens to users, often for promotion, rewards, or ecosystem growth.
Liquidity providers: Market participants that supply assets to trading venues or pools to help support trading activity and price discovery.
Circulating supply: The portion of a token’s total supply that is available on the market and potentially tradable by the public.