Introduction

Kashi

The Sushiswap platform allows users to lend or borrow. Kashi is the first DeFi protocol built on Bentobox. This protocol allows users to borrow or lend from existing token pairs in a personalized way with the appropriate gas. Kashi uses a unique framework where the risk in the markets is not related to each other. It has somehow isolated the markets.

Methodology

• In this dashboard, the following tables are used to extract data:
  • flipside_prod_db.crosschain.ez_lending
  • flipside_prod_db.crosschain.ez_borrowing
  • ethereum.core.fact_transactions
  • polygon.core.fact_transactions

First, the TX_HASHs related to borrowing or lending have been extracted from the crosschain.ez_lending and crosschain.ez_borrowing tables, then by joining these with the ethereum.core.fact_transactions and polygon.core.fact_transactions tables, the corresponding transaction fees have been obtained.

Due to the fact that Polygon network data is only available from July onwards, the fee paid by Kashi users on this network has only been reviewed for that time period. But there is no time limit for checking Kashi transaction fees on the Ethereum network.

Data Analysis

Part (1). Kashi on Ethereum Blockchain

• Since March 2021 until now, the total amount of fees paid by lenders for deposits (56.5 ETH) has been higher than the total amount of fees paid by borrowers when borrowing (55.17 ETH).
• On the other hand, the total amount of fees paid by lenders when withdrawing their assets (60.92 ETH) is also much higher than the total fees paid by borrowers when repaying their loans (47.48 ETH).

Part (2). Kashi on Polygon Blockchain

• Since July 2022 until now, the total amount of fees paid by lenders for deposits (7.52 MATIC) has been higher than the total amount of fees paid by borrowers when borrowing (0.87 MATIC).
• On the other hand, the total fees paid by borrowers when repaying their loans (7.08 MATIC) is much higher than the total amount of fees paid by lenders when withdrawing their assets (1.67 MATIC).