Staking STBL on AlgoFi
Herein, the number of staked wallets is depicted. Moreover, we add the number of unstaked wallets to this figure to have a comparison between the number of these wallets. It is shown that the number of staked wallets is more than untaked wallets, except in the same period mentioned above.
In this figure, the stake versus unstake actions over time is illustrated. As can be seen in this chart, most of the time, the stake actions are more than the unstake ones, except on Jan 19th to Jan 22nd, where the unstake actions exceed the stake actions.
Introduction:
In this bounty, the Algorand's First Stablecoin, STBL, is examined. As you might know, Stablecoins are necessary for creating a successful decentralized economy, as they decrease the risk of an already risky space. Herein, the assessment will be based on the staking and unstaking values.
Finally, in this figure, you can see a comparison between the amount of staked and unstaked STBL, Algorand's First Stablecoin, over time. Generally speaking, these two amounts are in a similar range and follow each other; however, there are several days (e.g., Dec 23rd, Jan 2nd, Jan 21st, etc.) that the amount of either staked or unstaked amounts makes a spike on this figure.