Staking STBL on AlgoFi

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    Introduction:

    Herein, we analyzed Algorand's First Stablecoin so-called STBL. STBL creates a successful decentralized economy, while the risk of a risky space is decreased. In this bounty, the assessment will be according to the staking and unstaking actions.

    For unstake actions, the amount of STBL unstaked, the number of unstaked wallets, and the number of unstake actions are depicted in figure 2.

    In figure 1, the staking actions are examined. In this regard, the amount of STBL staked, the number of staked wallets, and the number of stake actions are depicted in this figure.

    Conclusion:

    As can be seen from the numbers of the stake actions versus unstake actions as well as the number of wallets for both actions, the stake actions are more than the unstake ones, except in four days in January. Furthermore, it can be seen that the amounts of STBL staked versus unstaked actions have more or less the same trend, even though in some days, one of them makes a spike.