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    2023-04-18 12:26 PM

    key insights: 1- The count of active users on contracts and dApps has generally decreased over the past 12 months, but certain platforms have experienced spikes in user count during specific time periods. 2- Stargate Finance and Step App were the dApps that experienced the most significant growth in active user count, while Avalanche was the chain with the highest number of active users overall. 3- The majority of active users on both contracts and dApps have had less than 10 transactions, indicating that most users tend to have minimal interactions with these platforms. 4- The most popular contracts and dApps with active users are constantly changing, so it's important to regularly monitor user activity and identify which platforms are experiencing growth. Additional metrics such as average active users and new active users can provide further insights into which platforms are growing in popularity.

    ✨Introduction
    🛠 Methodology

    Avalanche is an open-source platform for building decentralized applications (Dapps) with near-instant transaction finality, designed to accommodate the scale of global finance. The platform empowers developers to join a rich ecosystem of blockchains known as Subnets that can be permissioned or permission-less, enabling arbitrary levels of customization for any use-case. Dapps run on Virtual Machines (VMs) that are supported in multiple languages giving developers flexibility in their implementation. Avalanche employs a novel consensus algorithm using proof-of-stake, which offers strong safety guarantees, quick finality times, and high throughput while being energy-efficient and sustainable compared to proof-of-work blockchains.

    First, note that the since_date and till_date parameters apply to all graphs and metrics in the dashboard. You can configure these parameters according to your needs. Additionally, you can modify the time_interval option from 'day' to 'month' or 'year' to view data at different intervals.

    To track the participating users in Avalanche, navigate to the Chain tab and analyze the user activity data provided there.

    To track the development of Avalanche contracts, use the Active Users by Contracts section. You can also conduct a targeted study of a specific contract by entering its name in the Contract parameter.

    To explore the Avalanche dApp ecosystem, use the Active Users by dApps section. You can peruse the dApp table and conduct a personalized evaluation by entering the desired dApp name.

    By following this methodology, you can effectively use the dashboard's settings to gain insights into the Avalanche network's active users, contracts, and dApps.

    Definition

    • Active users:: The number of unique users that have interacted with the Avalanche network in a given period of time.

    • Active users across the chain: A metric that shows the total number of active users across all the contracts and dApps on the Avalanche network.

    • Active users by contracts: A metric that shows the number of active users for each individual contract on the Avalanche network, allowing users to compare the popularity and usage of different contracts.

    • dApps with the most active users: A metric that ranks the dApps on the Avalanche network based on the number of active users they have over a parameterized period of time.

    • Average active users: The average number of unique users that have interacted with a particular contract or dApp over a given period of time.

    • New active users: The number of unique users that have interacted with a particular contract or dApp for the first time over a given period of time, providing insights into the growth of usage for that particular contract or dApp.