Introduction:

The BentoBox (or “Bento”) is a vault that securely stores tokens and generates yield from flash loans and strategies for any protocol built on top of it. Kashi, which is the Japanese word for lending, is built off of BentoBox, meaning that Bento holds the tokens and Kashi utilizes those assets for lending, borrowing, and most importantly, one-click leverage trading transactions. In Kashi’s case, BentoBox serves as a wallet, separate from your externally owned wallet, that optimizes transaction time and fees, and allows dual, simultaneous usage of your tokens.

With our built-in AMM, your assets on BentoBox can be used to provide flash loans, even while the same tokens are being farmed in Onsen, for example. This provides extra revenue for you, the supplier. Even if the assets are not being borrowed, you can still use your tokens to earn yields or LP fees on SushiSwap, meaning that assets are never sitting idly at an opportunity cost! BentoBox basically allows you to maximize the use of your tokens by offering you the ability to maximize token usage and yield by doing two things at once with your assets.[1]

Method:

1-comparison between volume of stablecoins being deposited for lending(Ethereum)

2-Show volume of stablecoins being deposited for lending by day (Ethereum)

3-Show number of users deposited stablecoins for lending by day (Ethereum)

4-comparison between volume of stablecoins being deposited as collateral (Ethereum)

5-Show volume of stablecoins being deposited as collateral by day (Ethereum)

6-Show number of users deposited stablecoins as collateral by day (Ethereum)

7-comparison between volume of stablecoins being deposited for lending(Polygon)

8-Show volume of stablecoins being deposited for lending by day (Polygon)

9-comparison between volume of stablecoins being deposited as collateral (Polygon

10-Show volume of stablecoins being deposited as collateral by day (Polygon)

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We can see that Dai is the most deposited stablecoin for lending on Ethereum and the next ones are USDC and USDT

The Volume of stablecoins being deposited for lending is decreasing over time

Also the number of unique wallets deposited stablecoin for lending is decreasing

It is clear that USDC is the most deposited stablecoin as a collateral and the next ones are DAI and USDT on Ethereum

The Volume of stablecoins being deposited as collateral is decreasing over time

Also the number of unique wallets deposited stablecoin as collateral is decreasing

the lack of data in polygon tables I decided to consider date from July 4th and the most used stablecoin for lending is USDC

USDT is the most used stablecoin as collateral on polygon and the next ones are USDC and DAI

Conclusion:

1-We can see that Dai is the most deposited stablecoin for lending on Ethereum and the next ones are USDC and USDT

2-The Volume of stablecoins being deposited for lending is decreasing over time

3-Also the number of unique wallets deposited stablecoin for lending is decreasing

4-It is clear that USDC is the most deposited stablecoin as a collateral and the next ones are DAI and USDT on Ethereum

5-The Volume of stablecoins being deposited as collateral is decreasing over time

6-Also the number of unique wallets deposited stablecoin as collateral is decreasing

7-the lack of data in polygon tables I decided to consider date from “July 4th” and the most used stablecoin for lending is USDC

8-USDT is the most used stablecoin as collateral on polygon and the next ones are USDC and DAI

[1] :