Q186. Who's That Going Across My Bridge (Redux)

    Q186. Pick one bridge from Terra and a destination of your choice. (e.g. Shuttle bridge Terra <-> Ethereum or Wormhole Terra <-> Solana). Assess the daily and cumulative amount of UST that goes through that bridge, both inflow and outflow. How many users are using the bridge on a daily basis? How many transactions take place on a daily basis?

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    The purpose of this dashboard

    The purpose of this work is to determine the daily and cumulative amount of UST that passes over Shuttle bridge Terra - Ethereum, both inbound and outbound. Then we figure out how many people utilize the bridge on a daily and cumulative basis. Finally, we calculate the daily and cumulative overall numbers of all transactions that occur on a daily basis.

    Observation I:

    As seen in the figures above, both daily UST inflow and outflow are more likely to be unstable, peaking on 4 April 2022. Additionally, we discovered that both the cumulative volumes of UST inflow and outflow are rapidly increasing during the time period studied, suggesting that this bridge would see increased flow in the near future.

    Observation II:

    As seen in the plot above, the trendline of daily users of Shuttle bridge (Terra-Ethereum) is fructuating over the time axis. When we looked at the daily cumulative number of users, we saw that the chart is rapidly growing, signaling that this bridge would experience more adoption in the near future.

    Observation III:

    As a consequence of the aforementioned finding, we discovered that the daily and cumulative number of transactions follow a similar pattern to the number of users, indicating that more adoption would occur in the near future.