Osmosis Governance
How Many Days Before User Votes
The below chart visualizes the number of days it takes ( x-axis) for user to vote for the first time since being active. We can see that Most of these address voted right away after their wallet become active, that is shows on Day 0. as much as 22.7 K address voted on the same day the become active. The chart indicates that most address did not take more than 50 days to vote after joining Osmosis. This means, user are interested in voting, in general.
Minimum Standard Deviation
The minimum deviation from the mean is said to be the score that fits the most to the mean value. In the table, 50 to 60 days yields the least deviation indicating it is the closest to the "Average Balue". However this data may be flawed because it doesnt account data after 100 days properly.
Introduction
This analytics is done to study how many days is taken by address before voting. Other governance related activity on Osmosis are also studied.
Definition
Active Address
This study determines an address to be active after making the first swap on Osmosis. The justification is swap is the most common activity on almost any crypto ecosystem. The fore the first date where an address make swap txn, is taken as Day 1 for the address
Conclusion
It is found most address participate in voting right away after becoming active. The average days before user paricipate in voting (according to mean value) is 0 to 10 days. Overall the voting participation increases over time. This may due to airdrop reward that requires an address to participate in voting.