Introduction

An essential indicator of a healthy ecosystem is the presence of a dedicated user base that drives innovation across the protocol as a whole. The research aims to shed light on the activities of NEAR wallets and unearth intriguing data points that can spark further inquiries. In what ways may humans engage with the physical structures of ecosystems? What level of safety concern do they have? Is there a trend toward using the ecosystem? The typical time a new customer spends on your site is: These are only a few of the many intriguing issues that will be explored in this study; so, strap in and let's get to work!

NEAR citizens can participate in a whole host of activities on NEAR -

• Staking their NEAR to help secure the city, while gaining staking rewards
• They could trade on the financial districts via decentralisation exchanges (swaps) or provide liquidity
• They could mint or buy NFTs from marketplaces such as Paras
• They could deposit their assets to borrow or loan them out in money markets (Burrow Cash)

Method

In this analysis, we will look at key new user activities on NEAR and explore what do NEAR users commonly participate in and track the tends of them.

To do these I used the following tables:

• ethereum.core.fact_event_logs
• near.core.fact_transactions
• near.core.fact_receipts
• near.core.fact_actions_events_function_call

I will dive into newcomers from other chains and liquid staking on the NEAR blockchain currently. Specifically, I will explore:

• how many users came from other chains via rainbow bridge and how those interacted with NEAR ecosystem
• how much NEAR has been staked through liquid staking platforms
• how many users have utilised liquid staking & the type of users on liquid staking

Near NFT Activity

At the beginning of 2022, there was a large spike in both NFT sales and mints. There have been 13 days this year where thee were over NFT sales on NEAR in 2022. Since the start of September 2022 most days, there are less than 200 NFT sales on Near) This data indicates that NFTs are increasingly popular on the NEAR platform. The large spike in mints and sales at the beginning of the year suggests that the demand for NFTs on NEAR is growing rapidly. This is further reflected by the increased number of days with over 200 NFT sales since the beginning of the year. The fact that there have been fewer days with over 200 NFT sales since September could indicate that the growth in demand for NFTs on NEAR is slowing down.

NEAR stakers distribution

Transaction

• Daily transactions has decreased compared to beginning. Minimum transaction seen in Dec 3 with 328k transactions , highest transaction seen in Nov 30 with 544k transactions.
• AVG Tx fee collected stayed above 600 $NEAR.
• Transaction fees increased,while at the beginning it was 0.0016 $NEAR after December 2 it increased to 0.018 $NEAR
• GAS used in TXs has been decreasing.

Summary

Here i present metrics that NEAR should add to their report, i didn’t include general metrics which are already in the NEAR Transparency reports, and i focused in general metrics in 4 areas ==Near== Should Consider.

• Users and Transactions - Suggested Metrics: The graphics here are with the intention to provide different perspective for comparing Transactions and Users against itself, using percentages values such as Growth Rate, New User Percentage and Stickiness Ratio.
• Validators Pool - Suggested Metrics: Showcasing their Top Validators and some weekly metrics should be ideal for improve governance in ==NEAR==.
• Decentralization on Near - Suggested Metrics: One of the main goal for these transaparency report is to promote decentralization so adding these metrics based on Mathematical Analysis should improve their decentralization image.
• Block Perfomance on Near - Suggested Metrics: Nightshade technology is really good, so they need to showcase analysis based on block performance to show the High level Perfomance and faster transactions that ==Near== Protocol has.

New Accounts and Active Accounts