Flash Bounty: Merge Staking Providers

Choose 1 liquid staking provider (Ankr / Lido / rocketpool, etc) and answer the following question: How much ETH was staked? How many unique depositors are there? What is the avg/median/max/min/distribution of ETH deposits?

Method :

To find deposits to Lido, the ethereum.core.ez_eth_transfers table is used, filtering transfers based on Lido contract 0xae7ab96520de3a18e5e111b5eaab095312d7fe84.
Lido stakes ethers in ETH2 contract in 32 chunks, to get the total amount of staked ethers, the total number of transfer transactions of Lido contract to ETH2 is multiplied by 32.

Analyzed time period: From the date that the data exists in the Flipside database.

2.Analsys:

How much ETH was staked.?

How many unique depositors are there.?

More than 80 thousand (80.3) unique users currently staked 4,163,872 (4.16M) Ethereum by Lido on ETH2, the total value of the ethers stacked is equivalent to **6.53 billion $USD,**so far Lido has sent stacked ethers to its active nodes in the beacon chain in more than 130 thousand transactions.

Considering the price of ether at the time of deposits, the total value of deposits to Lido has reached more than 12 billion $USD.

Conclusions :

How much ETH was staked? 4,163,872 ETH Staked trough Lido Platform
How many unique depositors are there.? 80,298 Unique user stake their ETHs trough Lido
What is the avg/median/max/min of ETH deposits? Max was 61,999 ETH - Average : 34 ETH - Median : 0.9 ETH - Min 0.000000000000000001 ETH.
In terms of the USD value of the distribution of deposits, most belong to the category between 1,000 to 10,000 USD.
In the distribution of deposits based on ETH, the most deposits are in 1 to 10 ETH category.
In the last 5 months, deposits less than 0.1 ETH have grown significantly.
It seems that as the price of Ether increases, the desire to stake it decreases.

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In the distribution of deposits based on ETH, the most deposits in 3 categories, between 1 and 10 ETH and between 0.1 and 1 ETH and less than 0.1 ETH, in the weekly distribution chart, it is clear that before May 2, the most deposits were between 0.1 and 10 ETH, but after that the deposits of less than 0.1 ETH have grown a lot, it seems that with the price drop in the market, the desire of users for high-volume stacks has decreased.

the distribution of ETH deposits is as follows :

Less Than 0.1 ETH : 34343 (28%)

Between 0.1-1 ETH : 34978 (28.5%)

Between 1-10 ETH : 36029 (29%)

Between 10-100 ETH : 14097 (11.5%)

Between 100-500 ETH : 2063 (1.68%)

Between 500-1,000 ETH : 583 (0.47%)

Between 1,000-10,000 ETH : 512 (0.41%)

More Than 10,000 ETH : 44 (0.035%)

Introduction :

Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH - without locking assets or maintaining infrastructure - whilst participating in on-chain activities, e.g. lending.

What made Lido a top ETH staking platform.? → Multiple Lido Investment Options [source]

Users who stake any amount of ETH get 1:1 on stETH and can earn 4.5% APY. Compared to AAVE, depositing ETH earns 0.2% APR.
Users can convert otherwise interest-bearing stETH asset certificates into liquidity and earn more by participating in other DeFi protocols such as Curve, AAVE, and Convex Finance.
Users can earn approximately 3% APY by investing stETH in Curve.
Earnings earned on Curve can also be placed on Convex Finance to earn back. After depositing steth to Curve to get LP, users can deposit it to Convex Finance steth pool to earn around 5.1% APR.

How Lido Works :

Users will send ether to the staking pool contract to be minted stETH tokens in return. That ether will be distributed between node operators to maintain uniform distribution and deposited to be validated by their validators.

As ether is received from users, it is distributed in chunks of 32 Ether between all active node operators. The staking pool contract contains a list of node operators, their keys, and the logic for distributing rewards between them. [source]

The distribution chart based on USD volume shows that most of the deposits were in the range between 1,000 and 10,000 USD (31%), but as it is clear in the chart, since May 2, 2022, the number of deposits less than $100 has increased significantly.

the distribution of deposits based on dollar value is as follows :

Less than $100 : 28,834 (23.6%)

Between 100-1,000 $ : 21,406 (17.5%)

1,000-10,000 $ : 38,568 (31.5%)

10,000-50,000 $ : 20,965 (17.1%)

More than $50,000 : 28,834 (10.3%)

The highest amount of ETH deposited into Lido was 61,999 ETH.
Average of deposits are 34 ETH
Median deposit are 0.9 ETH
The lowest amount of deposit was 0.000000000000000001 ETH.

In the chart of the amount of accumulation based on the distribution of deposits, it can be seen that the deposits between 0.1 and 10 ETH have maintained their growth and continued to do so, the remarkable thing is the steep growth of deposits of less than 0.1 ETH, which started at the end of April 2022 and has continued until today.

also, from the price Heatmap diagram, it can be concluded that most of the deposits were made in the ETH price range of 2,000 to 4,000 USD.