Introduction

Synthetics assets in Thorchain are backed by other assets such as BTC$, ETH$, BNB$ etc... that by mintig of these are created by 1:1 beging in 50% RUNE$ and 50% others.

When an users mint an asset to Synth that the price are changing over time to burning dates, so in the current dashboard we are looking at average Price Shift for Synth Holders over time of minting to current date.

Method

For querying of answers of the question used from thorchain.prices and thorchain.swaps tables to find:

• The typical price shift experienced by a synth holder.
• Compare the current price of the asset vs the price when they minted (relative to $RUNE).

Note: A mint is when the to_asset has a ""/"" in it, like ""TERRA/LUNA"" instead of ""TERRA.LUNA"". Similarly, a burn is when the from_asset has a ""/"" in it.

In the all of following charts used of two columns of price (RUNE_ASSET_PRICE & ASSET_RUNE_PRICE)in the thorchain.prices table

Analysis

Comparing Average Price Shift for Synth Holders by RUNE_ASSET_PRICE columns presented in the above chart.

Comparing Average Price Shift for Synth Holders by ASSET_RUNE_PRICE columns presented in the above chart.

Comparing deference of average Price Shift for Synth Holders by ASSET_RUNE_PRICE columns presented in the above chart.

Comparing deference of average Price Shift for Synth Holders by RUNE_ASSET_PRICE columns presented in the above chart.

Comparing deference of average Price Shift for Synth Holders by two columns of RUNE_ASSET_PRICE & ASSET_RUNE_PRICE columns presented in the above chart.

Conclusion

As the same as results that are observable in the above charts if price comparing take base of RUNE_ASSET_PRICE columns then Synth Holders are in loss, but it take base of ASSET_RUNE_PRICE then Synth Holders are in profit.

Discord: 0xHaM☰d#8391