alcrypto
Joined Oct 25, 2021
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Uniswap Exercise
Nov 1, 2021 - Liquidators Market has been very profitable all this year. May was the month with most fluctuation, probably due to the crypto crash on May 2021. Ethereum loses were recorded on May. Retention vs churn rate works inversely on the compound protocol. Retention and churn rate stays stables during the year namely churn rate between 90% to 95%, and retention rate between 2% to 9% during the year 2021. Some months the retention rate is 100% there was probably no drop on the count of users staying on the protocol. Stable coins being the most liquidated assets on the compound protocol which makes them the markets with most fees collected. DAI being one of the largest fee collected follow by USDT and USDC.
alcrypto