Stablecoins on Kashi

    Analyze the behavior of stablecoins on Kashi markets.

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    Kashi is a lending and margin trading platform built on top of Bentobox. It allows anyone to create customized & gas-efficient markets for lending, borrowing and collateralizing various DeFi tokens, stablecoins, and synthetic assets.

    Adjacent tables show stable assets on Ethereum and Polygon.

    ==Mainnet tables:== ethereum.sushi.ez_{lending/borrowing}

    SELECT 
      DISTINCT SYMBOL,
      ASSET
    FROM
      ethereum.sushi.ez_lending
    WHERE
      ACTION='Deposit'
      AND SYMBOL IN (
      	'DAI',
      	'USDT', 
      	'USDC',
      	'sUSD',
      	'TUSD',
      	'UST',
      	'FEI'
      )
    
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    In order to have a better sense and have well-visualized charts, I decided to multiply the borrowed amounts by -1.

    POS stands for a positive borrow amount.

    Collateralized and Borrowed amounts on Ethereum mainnet (calculated in USD)

    Collateralized and Borrowed amounts on Polygon (calculated in USD)

    The following charts are abnormal due to a lack of sufficient data. Currently, the polygon data is only showing the recent months. Flipside will back-fill the data in the future.

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    Both networks comparison at a glance