Introduction

What Is Stargate

Stargate is a fully composable cross-chain bridge protocol built on LayerZero that enables native asset transfers between different blockchain networks.

Stargate Liquidity pools

Users in Stargate are able to add liquidity to Pools and earn stablecoin rewards on every Stargate transfer, Liquidity providers can also farm their LP tokens to receive STG token rewards.

Two pools are available on ethereum network USDC and USDT pools.

Lets see How many unique users add liquidity to this pools and earn reward.

Methods

first of all we need liquidity pool addresses on stargate platform.

after that we can identify unique users who transfer assets to this pools.

USDT pool address = 0x38ea452219524bb87e18de1c24d3bb59510bd783

USDC pool address = 0xdf0770df86a8034b3efef0a1bb3c889b8332ff56

Let's Take a look at users who provide liquidity on stargate pools. Chart below shows unique addresses over time as you can see number of users decreased a lot.

with cumclutive chart we can see how many users in total provide liquidity so far. Char above shows total users and chart below also shows how much in USD these users add to Stargate pools so far.

Conclusion

Number of unique users decreased over time and Total 2289 users provide liquidity on stargate so far.

And $2.13B Liquidity added to Stargate pools so far by users so far.