jake-wolf | Flipside Analyst

    jake-wolf

    Joined Jun 25, 2021
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    1Upvotes
    Thorchain On-Ramping Stats

    Thorchain On-Ramping Stats

    Nov 3, 2021 - The first two graphs that I would like to talk about are going to the ones that are showing where people were switching from, and how much they were spending. You can see that the graphs are nearly identical meaning people were spending similar amounts when they were switching over and there were major spenders. If you also look at the two graphs that are to they look identical to those talking about the from, but if you look over the graphs and their numbers you can see they are actually different. These two graphs together give you the perfect view of how much was going to and from which assets. By comparing these you will have the ability to know how much was swapped to and from the different people whose assets were involved. The third graph and the sixth graph show you people's first transactions on the network and what they were getting out of and going into. You can see that most of the first transactions were happening on either BNB or RUNE, meaning most of the transactions were most likely moving out of those two blockchains. That being said when you look at the different graphs for the to addresses it is easy to see that where they are going to is much more even. However, when looking at the scales you can see there is a massive issue. One scale goes up to 150 while another goes up to 8000, which can only mean that people are moving off of this network onto others. Although there was a major spike there has also been a major slow down in terms of network activity, meaning people are sending money to other wallets that are not on this platform.

    jake-wolf
    Governance Participation (Address)

    Governance Participation (Address)

    Oct 12, 2021 - The graphs on this dashboard will show the individual governance participation. I think it is important to first see what a graph would look like without the top participators. There is a large group of people that are participating, however, the power they have may not compare to those with the most, in fact it does not even compare. If you look at another graph that I included labeled governance power it is quite obvious that one address has the most power. They have 25 million in terms of total voting power, which blows everybody else to the side. I also added a time graph that will show you when each individual voted. You can go to any day and on that day you will be able to find who voted, their address, and also how much voting power they had. This information is useful especially if you want to look at certain votes. The last graph I wanted to use would show the voting power used over time. This graph will be very helpful when looking for the major votes. You have the ability to go and look at the specific dates on the previous graph I spoke about based on this final graph. I also included a graph without the top 100 so it is easier to see most of the people that had voted because the scale makes it more difficult to see the lower spectrum of voters. In this graph that shows the voting power over time without the top 100, it is much easier to see that many people do actually vote, it is just difficult to see when looking at scale.

    jake-wolf
    Thorchain Network Shutdown

    Thorchain Network Shutdown

    Dec 1, 2021 - This dashboard is going to show what the behavior of users has been since the restart of Thorchain and also how it compares to the actions before the shut down. This will give a deeper analysis on whether the shut down has changed people’s behaviors or if the shut down did not affect the actions of users in this environment. Before the shutdown there was a pretty even give and take of people adding and removing liquidity from the different pools. There were different spikes when the liquidity removed was drastically larger than that of what was being added, but in general they were pretty even. Some weeks would be up and some weeks would be down. Since the crash and restart it seems that people are removing much of their liquidity. Very few people are adding to the pools and this could be because this is the second time that the environment has crashed in its existence leading people to not trust the stability. This being said, people are still putting their money into RUNE. Not nearly as much in comparison to before, but also the time passed has been significantly less. What this says is that people are still wanting to have money in RUNE, believing that it will rise, and hoping that they won’t have an impermanent loss. Overall, people are a bit hesitant to get back into the LP’s on this network, but do believe in the currency. This leads me to believe that most likely people are going to want to have RUNE, and are hoping that as time goes on the network will get more reliant.

    jake-wolf