Introduction

What is the goal of this Dashboard?

Over the last 90 days:

Are they staking/unstaking?

Swapping for another asset?

Are the rebase rewards received from staking FLOOR enough to incentivize users to continue staking? Why or why not?

What is Floor?

FloorDAO is an NFT market maker protocol whose goal is to enable deep liquidity on NFT collections and generate lots of yield for the DAO treasury by using this liquidity. It uses the Olympus mechanics and NFTX vaults to sweep floors, enable dep liquidity, and then to generate yield for the DAO.

Methodology

• Look into the sum and count of what people are doing with their floor tokens
• See how many people are adding to the pools or removing from the pools

Are People Staking or Unstaking Their Floor

The two above graphs look into people moving their Floor either in or out their pools. What we notice over the last 90 days is that people are slightly more likely stake than to unstake their Floor. We know this because the pie chart shows that there is a 52.9% chance that any person with FLOOR would move it in to the pool. When we look over time we can see that the number of overall transactions regardless of staking or unstaking has decreased dramatically. This could be because of the crypto crash and people are trying to save their money as they are unsure how and when the market is going to come back up.

Transfers to Floor

Here we are looking at the total number of transfers that are going to FLOOR. As you can see there is not a lot of activity of people are choosing to buy Floor at the moment. What this probably means is that people that do not know about floor are not willing to learn or invest into something they have not seen before. This token was launched in Feburary of 2022 right before the crash so this is not a huge surprise.

What are People Selling to Buy Floor

Floor has not been around very long, but because of the functionality a lot of people are probably thinking that now is the best time to get. From finding all of the tx_id’s that are involved with Floor swaps we can find that the most sold items to buy floor are WETH, taking up almost 50% of the market, then JPEG, FRAX, SYN, and OHM. The reason people may be selling is that these tokens do not have a lot of value so they are at a higher risk of dissapearing with the bear market, or just because the other tokens value have decreased, whereas FLOOR is somewhat new and could go up.

What are people selling for FLOOR

The first graph is going to show what people are selling so that they can buy FLOOR. As you can see there is a lot of variation, but by far the most common is WETH and that is also proven on the graph above.

This graph is going to show what people are selling their FLOOR for. Unsurprisingly WETH and SYN are among the most that people are buying, but early on in the last 90 days there were some major transactions for FOX as well. There are also other common cryptos such as SUSHI or OHM that people are swapping for.

Rebasing Rewards

Here we can see that the total rebasing fees have only amounted to $1532 USD, which is very little. This is no surprise though becasue when you think about how new FLOOR is and you look at the total transactions going on there seems to be very little going on. This being said this seems to be enough for some people and not for others. It is very close to 50/50 in terms of people staking vs unstaking in the pools, so it seems that some people are alright with this and the rest would rather move their money around

Conclusion

• People are just as likely to stake or unstake their FLOOR
• WETH is the number one asset sold to buy Floor
• There are very little transfers going to Floor
• Over the last 90 days there have been less and less transactions regarding staking and unstaking Floor
• Although there seems to not be a ton of activity this is most likely because Floor was launched in February of this year and the market has been bad so most people are likely to not reenter and explore just yet.