What's going on in Ref-finance?

    key insights: The protocol saw a decrease in staking activity over the past 6 months, with staking transactions and stakers dropping from over 150 per day to below 50. Staking volume followed this pattern as well. The USDT-NEAR pool had a significant amount of liquidity added, while the ETH-NEAR and REF-NEAR pools had liquidity drop below zero due to market conditions. The most popular pairs for swapping to/from $NEAR over the past 6 months were stablecoin pairs, but non-stablecoin pairs have recently overtaken them in terms of swap metrics due to an upward trend in the crypto market. The wNEAR => USDC.e pair had the most swap transactions count and swapped volume in all time periods.

    ✨Introduction
    🛠️ Methodology

    Welcome to your Ref Finance dashboard, where you can tracj the trading and liquidity provision activity on the Ref Finance platform. Ref Finance is a community-led, multi-purpose DeFi platform built on the NEAR Protocol, which provides multiple pools in one contract, atomic transactions, and customizable pool fees.

    This dashboard provides an in-depth analysis of trading and liquidity provision activity over the past 6 months. It monitors metrics such as the number of swaps, unique swappers, and swapped volume, giving smoe valuable insights into the overall performance of trading strategy.

    Additionally, the dashboard analyzes changes in volume, traders, and trades count over the past 7, 30, and 90 days for specific pools. This allows you to identify trends and adjust your strategy accordingly. You'll have access to data on the ETH-NEAR, USDT-NEAR, and REF-NEAR pools liquidity, as well as staking on Ref Finance.

    The dashboard also provides a detailed analysis of swapping NEAR to stablecoins and vice versa. You can monitor metrics such as the number of swaps, unique swappers, and swapped volume for these pairs, giving you valuable insights into the demand for these tokens and potential trading opportunities.

    With this dashboard, you'll have all the tools you need to optimize your trading and liquidity provision strategies on Ref Finance, and stay ahead of the curve in the fast-paced world of DeFi.

    This dashboard is designed to provide you with a comprehensive analysis of Ref Finance, the major trading platform on the NEAR protocol. We used data from near.core.fact_receipts and other tables from Flipsidecrypto to generate this dashboard.

    On the first page, you'll find an overview of the total swap transactions, total unique swappers, and newcomers to the platform. This gives you a quick snapshot of the overall performance of the platform.

    Next, we categorize the swap pairs into stable and non-stable coins and track the swap metrics based on this categorization. This allows you to analyze the performance of different pairs and identify trading opportunities.

    To evaluate the top pools' performance on the platform, we use 24 hour, 7, 30, and 90-day changes in swap metrics. This helps you to identify trends and adjust your trading strategy accordingly.

    In the last page before the conclusion, we provide an overview of staking activities on the platform and evaluate the liquidity in the top three pools. This gives you insight into the staking opportunities on Ref Finance and helps you to optimize your liquidity provision strategy.

    To make this dashboard more flexible, we included two parameter fields in the header. You can change the calculation period time and time frame using the Pats_Weeks and Ferequency fields. By default, we have set the calculation period to 26 past weeks (past 6 months) and the time frame to day.

    With this dashboard, you'll have all the data you need to optimize your trading and liquidity provision strategies on Ref Finance. Whether you're a seasoned trader or new to the platform, this dashboard provides the insights you need to stay ahead of the game in the fast-paced world of DeFi.