Try Quests to earn crypto[THORChain] Net $THOR Staked
In this dashboard, I'm going to take a look at Net $ THOR Staked by looking at $ THOR Staking 2.0.
Introduction
The launch of $THOR Staking 2.0 marks great leap forward for the sustainability of the THORSwap protocol. Users can stake $THOR to receive $vTHOR, a composable, auto-compounding, gas-efficient representation of your staking position. (1)
$vTHOR is the new membership staking token that offers generous rewards and benefits to active THORSwap participants and users. $vTHOR is built as a Tokenized Vault Standard (ERC-4626) on Ethereum, a new standard which allows composability and apps to be built on top of its functionality. (2)
Refrences:
Methodology
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First, all Stake and Unstake transactions were obtained by the guide in the text of the question.
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Then the total amount of staked and unstaked THORs was obtained.
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The amount of staked and unstaked THORs was obtained daily.
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Finally, the net amount of staked THORs was obtained daily. Which was obtained by subtracting unstaked THORs from the amount of staked THORs.
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It can be seen that staked THORs are about 6 times more than unstaked THORs.
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This difference generally indicates that in the three weeks since the introduction of vTHOR and THOR Staking 2.0 (May 4) there has been a greater tendency to stack THOR. But for a closer look, you should also check the daily situation.
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On the first day of introduction, about 40% of all THORs staked in these 21 days have been staked. This amount reaches about 60% in the first two days and about 65% in the first three days.
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From the beginning of the introduction to the current date, you can see a certain downward trend in the amount of staked THORs. But in the case of unstaked THORs, you can see an uptrend to May 12 and then a downtrend.
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This chart means that in 7 of these 21 days (one third of the days) the net amount of staked THORs is less than the amount of unstaked THORs. The first day this happened is exactly one week after the introduction of vTHOR and THOR Staking 2.0.
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Specifically in the days leading up to the current date, the amount of staked and unstaked THORs has reached an almost equilibrium state. Of course, this 21-day period is not a good time to talk about a comprehensive process. Especially since the introduction of the process was present during this period and the hype effects of this introduction can definitely be great.