Hot on ETH Week Day 4 (Stargate User Growth)

    How many unique users are staking capital on Stargate on Ethereum each day since its inception? What might this suggest about the protocol's growth?

    Introduction:

    Stargate is a community-driven organization building the first fully composable native asset bridge, and the first dApp built on LayerZero. Stargate is the first bridge to solve the bridging trilemma.

    In this bounty the staking volume and number of unique stakers are estimated since its inception.

    The ethereum_core data is utilized to find the correct address.

    The daily volume of staking capital on Ethereum is shown in this table. As shown on its first days of inception, the volume of stakes was high but dropped over time. On Apr 21, 2022 the 751k capital are staked on Ethereum.

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    The total unique users that staked capital on Ethereum is 359 unique addresses. Also, the daily number of unique users that staked on Ethereum is shown in the figure. As shown in this figure, in the first 2 days of inception, the number of unique addresses were over 80 address per day but dropped.