Sushi Extra Yield for Kashi Users

    Sushi is offering extra incentives for people who are depositing capital for lending on Kashi. The depositor can not only earn APY from lending, but they can also earn extra APY by staking their lending position into an ONSEN farm. Analyze the behaviour of kashi lenders. What percentage of lenders farm their lending position for extra yield? What percentage of kashi TVL is being farmed? Which farms are the most popular? Is there a relationship between Kashi farm rewards and TVL for Kashi pools?

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Introduction:

    \n Onsen is a 'menu' of cryptocurrency yield farming pairs. It’s a great way to earn yield on idle tokens you’ve been hodling. We offer yield farming rewards in $SUSHI tokens for liquidity providers who decide to farm their liquidity.

    Onsen aims to bring new liquidity to SushiSwap, decrease slippage, expand our pool offerings, and foster exciting synergistic partnerships with other DeFi projects. Onsen is greatly utilized for fair token launches through liquidity mining programs and airdrops.

    here are also different kinds of reward incentives programs possible on Sushi. Double and triple rewards are made possible by the Sushi MasterChef v2 contract, which allows partner projects to provide liquidity incentives in addition to $Sushi to incentivize liquidity. [1]

    db_img

    Method:

    1-Show percentage of unique lenders farm their lending position for extra yield

    2-Show percentage of lending transactions lead for extra yield

    3-percentage of kashi TVL is being farmed

    4-Show percentage of unique lenders farm their lending position for extra yield

    5-Show most popular farms by TVL

    6-Comparison between Onsen Menu Farm rewards

    7-Show Relationship between Kashi farm rewards and TVL for Kashi pools

    First, I found onsen Kashi pool contracts and then I calculated the number of lenders and also calculated the number of unique users who farm their positions for extra yield on onsen pools and about 40 percent of all lenders farmed their positions

    About 32 percents of all lending transactions belong to Onsen pools

    Onsen farms TVL is about 30 % percents of kashi TVL being farmed

    We can see that xsuhi/usdc farm is the most used farm and all the Kashi Onsen farms are ranked by their unique number of depositord

    Also we can see that xsuhi/usdc is the farm with most TVL

    db_img

    In this picture we can see Onsen kashi farms details

    At some points there is a Correlation between Farms TVL and their Rewards but This is not a very strong Correlation between them

    Conclusion:

    1-First, I found onsen Kashi pool contracts and then I calculated the number of lenders and also calculated the number of unique users who farm their positions for extra yield on onsen pools and about 40 percent of all lenders farmed their positions

    2-About 32 percents of all lending transactions belong to Onsen pools

    3-Onsen farms TVL is about 30 % percents of kashi TVL being farmed

    4-xsuhi/usdc farm is the most used farm and all the Kashi Onsen farms are ranked by their unique number of depositord

    5-xsuhi/usdc is the farm with most TVL

    6-At some points there is a Correlation between Farms TVL and their Rewards but This is not a very strong Correlation between them

    [1] :