Multichain Madness: The Impact of a Backend Upgrade Delay on Protocol Behavior
May 31, 2023 - Uncertainty lies within the Multichain ecosystem as the community awaits news regarding the Multichain team. Users and token holders are forced to make a decision as a backend upgrade delay causes difficulties among users trying to bridge assets across the cross chain router. In this report, we will take a close look at dapp usage, token metrics and user behaviors to try and a path or trend for Multichain moving forward.
Lil Nouns DAO:
Jun 10, 2022 - Nouns are generative NFTs on the Ethereum blockchain. Each Noun is a 32x32 pixel character ranging from a random variety of people, places and things. One Lil Noun is generated each day on lilnouns.wtf where auctions are held. Fork of Nouns and Nouns DAO. Submission for Layer3 and Nouns DAO Contest: https://beta.layer3.xyz/contests/flipside-analytics-nouns-dao
Miso User Activity
Sep 20, 2022 - A Dashboard analyzing the user base of Miso across chains. Miso (Minimal Initial SushiSwap Offering) serves as a suite of open-sourced smart contracts created to ease the process of launching a new project / token on the SushiSwap exchange. With its recent V2 launch, Miso has unleashed its multi-chain launchpad on a variety of major blockchains. Lets dive in and breakdown the user activity across chains.
Avalanche CEX Flows: $AVAX
Apr 18, 2023 - As regulatory uncertainty and insolvency doubts loom, digital assets have become popular alternative investments for institutional and retail investors. Large scale Layer 1 blockchains, like Avalanche, have seen tremendous growth in developer activity and daily active users since the start of the year. In this dashboard, we will be covering the Layer 1 blockchain protocol Avalanche and it's activity to and from Centralized Exchanges (CEXes) to see which exchange is bringing in the most daily active users and highest volume.
$GAMMA: Token & Protocol Analysis
Jun 12, 2023 - Providing liquidity is not as easy as it was in 2020, where you could deposit into any food farm coin on Sushiswap or Yam and reap high yield rewards daily. Today DEXs are littered with high fees, slippage, and lack of liquidity, leading to impermanent loss and volatile price action. Even with Uniswap V3, keeping liquidity concentrated in a specific price range for higher rewards requires position management and risk maintenance. Using Gamma's automated strategies, users can manage risk and rebalance their positions accordingly. This report focuses on Gamma's active pools, and $GAMMA token metrics. Is $GAMMA undervalued? We think so.
The Steakout: AAVE and stkAAVE Movements
Jun 5, 2023 - How has incentivized staking with stkAAVE impacted Aave holders and daily Aave usage? Using the stkAAVE contract, we're going to observe AAVE users aggregated volume and transactions to see the usage and users over time.
NFT Crosschain Analysis: y00ts vs Art Gobblers
Dec 1, 2022 - In this dashboard we will be comparing the two projects listed above. In each collection, we will be breaking down sales volume, holders, duration held, wash trading and much more. Both y00ts and Art Gobblers have been generating lots of attention over the past few weeks / months with both topping marketplace charts and reaching all time highs in $USD before cooling down. Let's take a look at both collections to try and analyze holder behavior.
Life After FTX
Dec 8, 2022 - If you have dabbled into crypto within the past few years, then you have probably heard of FTX. FTX was one of the largest CEX (Centralized Exchanges) by volume, users and market share. On November 8th, 2022, the FTX exchange and $FTT token began its downfall and started to freeze withdrawals on the exchange. Let's take a look at the aftermath.
Layer 2 User Analysis
Jan 12, 2023 - A simple breakdown of user activity and trend analysis on three Layer 2 chains. Discover new users and NFT buyers from three chains to see the impact of holiday gift giving and gift receiving.
Into the Osmosis: Exploring the launch of $ARB on Osmosis DEX
May 19, 2023 - The quest for liquidity carries on, as protocols and chains are doing the best they can to incentivize active users and LPs. This is the case or Osmosis DEX and the recent launch of the $ARB token and ARB/OSMO liquidity pool, where a proposal passed incentivizing LPs to pool their tokens for passive rewards. Below we will observe and break down the effect of the $ARB token and pool launch on the Osmosis DEX.
Arbitrum $ARB: Claim Analysis
Mar 29, 2023 - With the recent release of $ARB on March 23rd, The Arbitrum network has exploded with activity as users rushed to claim their tokens and look for opportunities. According to our research below, over 1B $ARB tokens have been claimed thus far, representing over 88% of the total airdrop supply. Given what we know now, what conclusions can we make on what users are doing with their tokens? This dashboard will be separated into 4 sections. Let's take a look below at our objectives.
Trails: Impact of Incentivized Actions
May 3, 2023 - On April 26th, 2023, Trails Protocol introduced an incentivized on-chain program known as the Frontier Project. designed to guide users throughout the Solana ecosystem. Trails currently supports 5 projects on Trails, but are in the process of adding several more. In this analysis, we will be focusing on Jupiter Exchange to measure just how much the Trails Frontier Program has affected users and volume. The Trails Protocol offers a 3-step instruction guide on what the protocol is, how to use the protocol, and then allows the user to enter their Tx to prove they have completed the steps. Let's dive in below to see what trends we can find.
Powerloom Snapshotter Lite Node Mint
Feb 7, 2024 - Powerloom is a decentralized data protocol designed for smart contracts applications. They are set to launch the first data infrastructure mint releasing 10,000 lite node slots on the Polygon network. The mint will be a Soulbound NFT and early users who followed the requirements in time are able to mint 1 day before the public mint. This dashboard will observe the pre-mint phase & the public mint. To learn more about Powerloom and the snapshotter lite nodes, you can view the sources in the conclusion.
Memecoins: Market Analysis
May 12, 2023 - With the recent hype of memecoins, on-chain activity and gas fees have skyrocketed. Is retail back? Will this cycle be different? In this report, we will be comparing recent memecoin price action and activity with historical trends for memecoins of prior fame for example **$DOGE**, and **$SHIB**.
WETH Volume in Sushiswap WBTC-WETH Pool
Jun 2, 2022 - Sample Solution to Ethereum_Core New User Bounty
Optimism Bridge Activity
Jun 16, 2022 - Optimism is a layer 2 optimistic Rollup Network designed for strong security and reduced costs. Optimistic Rollups do not run on the Ethereum base layer but on top of it. Transactions take place on Optimism, but the data about transactions get posted to mainnet where they are validated. In this report, we will be taking a look at the bridge activity from the Optimism Native Bridge within the last 60 days.
Cross-Chain Transfer Protocol (CCTP) on Base
Oct 27, 2023 - Starting today, Cross-Chain Transfer Protocol is live on Base Mainnet. Enabling secure $USDC transfers between blockchain through a burn-and-mint process. The system burns the original USDC tokens on the source blockchain and recreates an equivalent amount on the destination chain, facilitating a secure and efficient transfer mechanism. CCTP is powered by Circle and aims to help foster more scalable and secure applications built on USDC. In this analysis we will be observing
