Q102. Analyze the behavior of stablecoins on Kashi markets. Which ones are being deposited for lending? Which ones as collateral?

Do this for both polygon and Ethereum. You can use the cross-chain sushi ez_lending and ez_borrowing.

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

Introduction

Kashi Lending

What is Kashi?​

Kashi is a lending and margin trading platform, built on the BentoBox, that allows for anyone to create customized and gas-efficient markets for lending, borrowing, and collateralizing a variety of DeFi tokens, stable coins, and synthetic assets. Kashi's broad diversity of tokens is supported through the use of a unique isolated market framework. Unlike traditional DeFi money markets where high-risk assets can introduce risk to the entire protocol, in Kashi each market is entirely separate (similar to the SushiSwap DEX), meaning the risk of assets within one lending market has no effect over the risk of another lending market.

Traditional lending projects have permitted users to add liquidity into a pool-based system. In these systems, if one of the assets were to drop in price faster than liquidators could react, every user and every asset would be negatively impacted. In this sense, the total risk of pool-based platforms is determined largely by the riskiest asset listed on the platform. This risk increases with every extra asset that is added, leading to a very limited choice in assets on most platforms. Kashi’s unique design enables a new kind of lending and borrowing. The ability to isolate risks into individual lending markets means that Kashi can permit users to add any token.

In addition, isolating the risks of the different lending markets enables users to achieve leverage in one click, without ever leaving the platform. In the past, users seeking leverage on an asset through direct lending and borrowing would have had to borrow on one platform in order to lend on another, and repeat. Because Kashi separates markets into pairs, lending and borrowing into the same market are composable, which means that Kashi can automate leverage in a single click.

Method

In the current dashboard I used flipside_prod_db.crosschain.ez_lending table to count of volume of lending stable coins at polygon and ethereum blockchain and i used flipside_prod_db.crosschain.ez_borrowing table to count of volume of borrowing stable coins at polygon and ethereum blockchain.

·       So let’s Look at the results as following Analysis.

Note: The results for the Polygon network have been displayed since 2022-06-06.

Results