Trails: Impact of Incentivized Actions
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.