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    Phoenix on LiNear Growth

    Lets look at an overview of Phoenix Bonds, a novel bond protocol developed on LiNear on Near ecosystem. And its impact on LiNear liquid staking.

    Phoenix Bonds, a novel bond protocol developed by the LiNEAR team was launched on January 16th. As the 15-day bootstrap period comes to an end, claiming is now available for users to realize gains.

    Bond Strategy

    You bond $NEAR on Phoenix Bonds and start accumulating $pNEAR following the bonding curve. Now comes the question — when is the optimal time for you to claim the accumulated $pNEAR? Note that you can no longer cancel a bond to get back your $NEAR after claiming. Here’s what you can do to optimize your claiming and thus your profit:

    Monitor your break-even point. Your bond breaks even when the market value of the accumulated $pNEAR equals the $NEAR input; After surpassing the break-even point, you can either wait for a longer time to accumulate more $pNEAR, or claim your $pNEAR for profit.. After claiming, your can: Market sell your $pNEAR to take profit; Sell $pNEAR for $NEAR, rebond $NEAR, compounding your gains; Hold your $pNEAR and enjoy the perpetually amplified $NEAR staking rewards; Provide liquidity to the $pNEAR — $NEAR trading pair, to farm multiple rewards. text and pic link

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    Method

    First, we look at the Phoenix bond on Near since Jan 16, and then we analysis phoenix Bonds on LiNear liquid staking.

    We use near.core.fact_transactions and near.core.fact_actions_events tables and filter and TX_RECEIVER like 'phoenix-bonds.near'. The beginning time consider from January 16th. For finding action of users in near ecosystem we use near.core.fact_actions_events_function_call tables with joining codes.

    Also i use pinehearst's dashboard with some changes for Linear part. I sincerely appreciate him/her.

    Introduction
    Methodology and Sections

    Sections

    1. Transactions and Users : For this part we find daily number of transactions and users by their actions
    2. Fee volume: Daily fee volume that generated from users action
    3. New Users: Daily Number of New users that join
    4. Overview of Linear in past 150 days
    5. New Users of Linear in past 150 days
    6. Distribution of staking volume by stakers

    LiNEAR unlocks liquidity of the staked $NEAR by creating a staking derivative to be engaged with various DeFi protocols on NEAR and Aurora, while also enjoying over 10% APY staking rewards of the underlying base $NEAR tokens. LiNEAR is the cornerstone piece of the NEAR-Aurora DeFi ecosystem. link

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