Open Analytics Bounty: Gnosis
Introduction
Gnosis has launched a few years ago, but is not as popular as other blockchains - you always hear people talk about Ethereum, Polygon or Avalanche - what about Gnosis? Gnosis is an open-source, decentralised prediction market protocol built on top of the Ethereum blockchain. The ecosystem offers three interoperable product lines that enable users to create, trade, and hold digital assets - all on Ethereum. It also has a developer portal that provides developers with introductions, technical documentation, and tutorials for building applications using the Gnosis product suite.
The overall mission of the Gnosis Protocol is ==“to build a truly impartial exchange for information aggregation to quantify the future.”==
How is Gnosis doing, overall? This is the question that I will try to answer in this dashboard. I will look into how many daily unique users there are, how much are they transacting and what they are transacting on - namely, which projects are seeing the most traction lately.
What has to be kept in mind is that this analysis is not all-time, as Flipside is still in the process of back-filling its GNOSIS tables. The queries are set to refresh daily, so as time passes and the tables have more data added, this dashboard should be more insightful!
As we can see, Gnosis has seen quite a big volume transacted overall. There have been days where users transact around 40k of xDAI, whereas there also have been days where users transact over 6M of xDAI, such as on the 21st of June. When we look at the contracts that users are interacting with the most, the label type tells us that it’s all bridging transactions, which means that users are transacting in and out of GNOSIS all the time. The daily number of unique users stayed pretty constant in the past month, which is good news for GNOSIS!
Conclusion
This dashboard has looked into how does the overall picture looks like for GNOSIS. We have seen the daily number of unique users that are making transactions and transfers, as well as the number of transactions executed per different projects/protocols. We have also seen that there are more transfers than transactions - and that users seem to be loving using Hop Bridge to send over DAI, USDC and ETH. Lastly, it’s important to remember that this analysis does not contain all-time data, so the total values should be taken with a pinch of salt, and will be increasing in time as the tables are backfilled by Flipside.
This dashboard has been written by Nat. 💙