New NEAR Users

    What actions does a user take when they deposit money into the NEAR ecosystem? Show the most common actions taken by users on NEAR (new users using NEAR for the first time) over the past 3 months. Date Created: 7/9/2022

    INTRODUCTION

    NEAR Protocol is a decentralized application (dApp) platform that focuses on developer and user-friendliness. Its native NEAR tokens are used to pay for transaction fees and storage on the Near crypto platform.

    METHODOLOGY:

    First we will find the new Users on NEAR in the last 3 months and then we will find their actions on the chain.

    Data Sources: The tables used are ==near.core.fact_transactions==

    ==near.core.fact_actions_events.==

    db_img

    1. New NEAR Users in the last 90 days.

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    Here we see that in the last 90 days there are 207k new Users.

    On the left chart we see the daily number almost always being more than 1k new users per day and reaching a peak of 10.5k users a few days.

    2. Top 10 User Actions .

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    In the following graphs we see the daily top actions new users made the last 3 months.

    - Almost all days submit is number one with its highest days having 35k transactions.

    - Deposit is the number 2 with transactions ranging from 3k up to 30+k for a few days.

    - Submit being the first has a total 49% market share of the top 10 actions, deposit has 30% share being the second