Fees on Kashi Markets

    Introduction

    Kashi is a lending and margin trading platform built on BentoBox that allows anybody to establish gas-efficient marketplaces for lending, borrowing, and collateralizing DeFi tokens, stable currencies, and synthetic assets. A unique isolated market framework supports Kashi's diverse tokens. In traditional DeFi money markets, high-risk assets can add risk to the entire protocol. In Kashi, each market is fully distinct (similar to the SushiSwap DEX), therefore one market's risk has no effect on another.

    Method

    Dashboard uses these methods:

    Kashi Market's loan and borrowing sections required 2 tables to filter transactions. Ethereum and Polygon networks are in these tables. ***flipside prod db.crosschain.ez borrowing ***& flipside prod db.crosschain.ez lending. After filtering, the following tables were utilized to calculate transaction count.

    Analysis

    Vis1:

    • Kashi users have paid 214 ETH in 470 days. That means daily transaction costs average 0.45 ETH.
    • The Polygon tables reveal that 27 MATIC has been paid in transaction fees from June 6, 2022. Daily transaction fees average 0.71 MATIC.
    • If we compare daily ETH and MATIC prices to transaction fees, Ethereum layer 1 users have paid more than a thousand times more than layer 2 users (Polygon). This shows how useful layer 2s can be.

    Vis 3:

    • During the peak days of the crypto market in 2021, Ethereum costs were the highest.
    • Transaction costs totaled 3.8 ETH on Oct. 27, 2021.
    • Due to inadequate tables, a historical evaluation of Polygon's daily fees cannot be made. In 37 days of data, there is no discernible pattern in fees paid.
    • On July 12, 2022, transaction fees total 15.5 MATIC. This is 7.6 times the usual Kashi Market fee.

    Vis 2 & 4: the total count transactions and in daily for two network are shown

    Conclusion

    • The xSUSHI/DAI market has created the highest fee among the Kashi markets in the Ethereum network by paying more over 24 ETH as a transaction fee. This means that it has generated the most revenue. Following that, the xSUSHI/USDC and xSUSHI/USDT pairs are in second and third place, respectively, with around 19 and 12 ETH. You can examine the top 10 markets in terms of the amount of fees generated by looking at the graphic that is located above.

    • The WETH/USDC market in the Polygon network has produced the largest fee by paying more than 16 MATIC as a transaction charge, making it the most profitable market in the Polygon network. The fee generated by this market is at least eight times higher than the fee generated by any other market. Following that.

    About:

    Q103. How much fees each Kashi market has generated and which are the top markets in terms of fees generated?

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    Hint: you can use the cross-chain sushi ez_lending and ez_borrowing.

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    Note: Currently the polygon data is only showing the recent months. We will back-fill the data in the future. Make sure your dashboard mentions the starting date on polygon data.

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