Thread by @Increment_HQ

1/ The visuals below show the $FEI distributed to genesis holders compared to what was in their wallets 1-week post-launch.

64% of @feiprotocol genesis holders no longer held any of their position within the first week. Read more below. 👇👇

2/ Similar story for TRIBE. 52% of genesis holders no longer had any in their wallets within a week.

There are some interesting outliers in both charts and we will dissect those soon through our long form counterpart @AlphaResponseHQ. For now, what are your thoughts on them?

3/ This chart breaks it down by wallet size groupings (see down below for the legend).

There are many places this $FEI and $TRIBE could have gone (staking probably, maybe selling).

Really interesting to see that the largest whales actually didn't move much $FEI though.

3/ For some context:

Yesterday and the day before, we looked at who contributed to the @feiprotocol genesis event. Today we look at what they received and what they were holding 1-week post-launch.

Tomorrow we will look at where that difference went.

4/ The $FEI genesis event let you select what ratio of FEI/TRIBE that you wanted. We decided to break that ratio down by wallet size.

Interestingly, and understandably, the whales redeemed about 2x the $FEI per $TRIBE compared to the regular folk.

5/ This chart is not great for any trend analysis because the axes are different, but it is helpful to see exactly how much each wallet-size received. It mostly just contextualizes the rest of the analysis.

6/ Here is the legend to go along with the above charts.

7/ This is a bit of a longer analysis than the usual #AlphaAlarm but it isn't finished yet. We still need to look at exactly where all of this $FEI and $TRIBE went...

Feel free to chime in and leave your thoughts.

More to come.