In The Stars (Osmosis Bounties)

    Q7. Stargaze Zone is an IBC NFT launchpad and marketplace, and new launchpad projects drop on mint every Friday at 4:00 PM EST. Does the volume of swaps involving Stars change around this time? Analyze the volume of swaps involving STARS from March 20th until present.

    Method

    In this dashboard, I addressed the following issues:

    • Does the volume of swaps involving stars change around every Friday at 4:00 PM EST when new launchpad projects drop on mint?

    • A study of the volume of STARS swaps from March 20th to the present

    For this I use the msg_attributes table and select transactions that have an appropriate msg_type for swaps. The filter token address: ibc/987C17B11ABC2B20019178ACE62929FE9840202CE79498E29FE8E5CB02B7C0A4 that found that on labels table.

    Analysis

    Observation

    • Charts of STARS volume swaps from March 20th to date have Fridays in red to indicate changes in trading activity around that day, as shown above by the red bars. According to the figure, big and obvious variations in volume swaps occur on Fridays and the days immediately preceding and after those days.

    Observation

    The total volume of swaps and percentage of shares by each day on week are shown in the above PIE chart, So as of that can see that Wednesdays, Fridays and Thursdays are the days by highest volatility on week by 16.9%, 16.2% and 15.2% shares of volume swaps.

    Next Graph

    In the following graph the number of swaps from March 20th to date are shown and Fridays on each week are distinguished by red color.

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    Conclusion

    • According to the findings on this dashboard, it is possible to observe that on Stargaze Zone, which is an IBC NFT launchpad and marketplace, on mint every Friday at 4:00 PM EST, new launchpad projects drop the volume of swaps involving stars around this time, and the volume of swaps involving stars from March 20th until present has been on an increasing trend, to the point where the highest total volume on any given day took place on Wednesday, May 11th, 2022, with more than 10.7M stars changing hands