Introduction

Osmosis, as detailed in the Osmosis whitepaper, is an advanced automated market maker (AMM) protocol that enables developers to create customized AMMs with sovereign liquidity pools. Inter-Blockchain Communication (IBC) is used by Osmosis to facilitate cross-chain transactions. One way to think of Osmosis is as a way to bring together all of the different dApps on Cosmos.

Osmosis is a proof-of-stake (PoS) network, which means its security is provided by validators that produce blocks for the blockchain in exchange for block rewards. Let's take a look at how much money has been bet over the last few months.

Method

In the current dashboard I tried to figure out what is activities of user staker on OSMO after Unstake heir Osmosis, so to find this I used osmosis.core.fact_msg_attributes with filter the msg-type column in unbound type. Then I Joined the Transaction table to track Unstaker activities.

The Osmosis Stake data used in this investigation dates all the way back to the beginning.

Analysis

Vis 4-5: Daily count of Unstake transactions, Unstaker addresses and Cumulative growth

On May 12th, Osmosis saw the maximum number of unstaked tokens, and since then, the trend has been negative. This follows the volatility nature of the market.
1k users performed over 1K unstake tx on May 12th.
As a result of the market's volatility and the subsequent spread of panic among investors, they plan to withdraw their assets from pools and leave the market altogether in order to restore market stability.
As a result, the total number of unanswered questions reduced from June. In the last several weeks, Unstake's activity have fallen by more than a third compared to May.
When the stock market is volatile, the unique user chart shows that people are afraid. It was a trend like the total amount of bets that had gone awry.
According to the chart, there were around 4.5M Osmo unstaked prior to crash on market.
As of May 11th, the highest amount of Unstake had occurred.
As compared to before May, the total stakes dropped significantly following that month.

Note:

To me, it doesn't make sense to track cumulative growth in unique users, since one user may have had more days transactions and counted each day as unique user for several days. So we can that the cumulative number of users (62k) does not equal the total number of Unstakers (45.8k).

Conclusion

The amount of Osmosis Unstakes experienced a meteoric rise as a direct result of the collapse of Luna. It is not out of the ordinary. I have a strong suspicion that every one of the projects ran into that difficulty.
On the other hand, once the twenty to thirty days have passed, the total number of unstaked will return to its regular level.
It is impossible to draw comparisons between the typical state of unstaking and the state of being superfluid. We are going to need additional time.
Swapping is the second most common action, following unstaking as the most common action overall.
As a result of Osmo being unstaked, the most typical token to trade it for now is Cosmos.
Users who want to re-stake their coins at that location have reported that the Cosmostaltion validator is by far the most popular choice among them.
It's possible that the high number of votes that may be cast with this validator was the key motivator for individuals to choose it.

About:

Author: HaM☰d

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Discord: 0xHaM☰d#8391

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Twitter: @arjmandi_hamed

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Email: h_arjmandi2012@yahoo.com

Issues that will be addressed in this dashboard:

How frequently do users on Osmosis unstake their Osmosis?
What do they do with the OSMO once unstaked?
Do they re-delegate, enter a LP position, or swap into another token?
Do they re-delegate to certain validators more frequently than others? Why might this be so?

Vis 1-3 overall view

As many as 85k distinct users Unstaked 45.8K times, and almost 5.9M Osmo was Unstaked by them.

Vis 15-18: User Activities on their $OSMO, After Unstaking

After unstaking, 54 percent of transactions and 52 percent of Unstaker users belong to the swap activity to exchange their Osmo for other assets.
28 percent of all transactions and 26 percent of all users of Unstaker belong to the group that provides liquidity, with 21 percent of those users re-staking their Osmosis.
Since it is a new participant in the Osmosis chain, SuperFluid does not yet have an actual share.

Table 1 & 2, Vis 19 & 21:

According to overall delegation, the following are the top ten delegators and validators:

After users unstake their stakes, Cosmostaltion is re-delegated to Osmo by those users. This validator controlled approximately 65 thousand delegates, which is equivalent to 37 percent of the total shares.
With 14 percent of shares and more than 25k delegates, Sentinel dVPN is the validator that is the most closely aligned with Cosmostaltion.

Vis 7-8: Unstakers in Regular and SuperFluid

When compared to ordinary stakes, the rate of user departure during Superfluid stakes is significantly higher.
However, it is not possible for us to come to such a judgment at this moment. They might just remove their bets in June and July as a result of the excessive number of bets they placed prior to June. It would be premature to draw any conclusions regarding Superfluid's stake structure given that the company has only been operational for a month.

Vis 9-14: Top 10 Swapped token from $OSMO when users Unstake their OSMo

Users were more likely to trade their Osmo for Cosmos than any other token. After unstaking, the most common token to switch from $OSMO is Cosmos, which has a total of 24.4K unique users and a 30 percent stake of all swaps.
The TerraClassicUSD token is the second most popular one, accounting for 13.5 percent of the total swap shares.
Third place goes to Juno, which has a percentage of total swaps equal to 13 percent and 10 thousand unique users.
Top 10 base on $OSMO volume swapped, Cosmos, TerraClassicUSD & USDC with 55, 22 & 8.6% shares are three top assets respectively.

Last Question: Do they re-delegate to certain validators more frequently than others? Why might this be so?

Cosmostation is the validators more frequently re-delegate than others.

> A validator can be chosen based on a variety of factors, including the following: > > \

Uptime: moat near to 100% that led to High-security Validator Node, Cosmostation’s Uptime 99.9%
Voting Power: Cosmostation with 11.11% ( Compared to other validators, this one has the most voting power), that shows the most Governance Participation other than others
Normal Commission: In the middle of the spectrum between low and high, 5% is a typical commission.
User-friendly Blockchain Infrastructures: Convenient end-user tools such as Mintscan and Cosmostation mobile/web wallet are developed and maintained by CosmoStation.

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