Pool of The Week [Osmosis]

    Since the start of November, the Osmosis Support Labs team has run the Pool of the Week program, highlighting important and/or new pools within the ecosystem. What kind of impact has this program had on the liquidity of these pools? Track LP volume in and out of these pools based on the following dates: 11/11/22 Pool 833 - stOSMO / OSMO 11/15/22 Pool 837 - IST / OSMO 11/22/22 Pool 840 - BNB / OSMO 11/29/22 Pool 634 - wETH.grv / OSMO For each pool track from date above to present. BONUS: Post your dashboard on Twitter and tag @flipsidecrypto and any relevant accounts!

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    Acknowledgment and supplementary Information

    • I would like to show my sincere gratitude to the authors of the following dashboards (jacktheguy) that helped me very much indeed to do my own analysis: *
    • Author: NSA2000
    • Twitter of the Author: @NSA2000C
    • Discord of the Author: NSA2000#5651
    • Data from FlipsideCrypto
    • Link to this dashboards tweet:
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    Introduction

    Osmosis is a decentralized exchange like Uniswap, Pancakeswap and Curve, but the difference is that Osmosis offers customizable automated market makers. This customization enables liquidity pool owners to create parameters that better reflect changes in market conditions, thus increasing market responsiveness. Osmosis is built using the Cosmos SDK, which means it is interoperable with other blockchains.

    The Osmosis protocol is an automated market maker and decentralized exchange (DEX) built on the Cosmos blockchain. Automated market makers (AMM) refer to automatic liquidity providers who work by using smart contracts to determine the price of digital asset pairs, thus providing liquidity to facilitate peer-to-peer trading. (If you’re lost at this point, you may want to first check out What is an Automated Market Maker (AMM)? – DeFi – Phemex Academy.)

    But there are already several leading DEXes that operate with AMMs in the market, like Uniswap and Curve. So what makes Osmosis different? The Osmosis protocol allows users greater control over decentralized finance (DeFi) activities by allowing them to customize liquidity pools and deploy custom AMMs. With this, each liquidity pool on Osmosis is somewhat its own entity, like a DAO, where liquidity providers can set their own rules so that they can rapidly respond to market changes. In addition, this customization also enables the creation of more robust fee structures that takes into account more factors such as market volatility, instead of just the rarity of a token pair. []

    Methodology

    The data in this dasboard is obtained from the following tables:

    • osmosis.core.dim_prices
    • osmosis.core.fact_swaps
    • osmosis.core.dim_labels
    • osmosis.core.fact_liquidity_provider_actions

    Aim of this analysis:

    We have created a dashboard to investigate the impact of the Pool of the Week program on the liquidity as well as inflow and outflow LP volume of the following pools:

    Pool 833 (stOSMO / OSMO), Pool 837 (IST / OSMO), Pool 840 (BNB / OSMO), and Pool 634 (wETH.grv / OSMO).

    We have investigated ==pool 833== in this dashboard but feel free to change the pool code and you may see the results for your desirable pool. However, it must be pointed out that the general discussion and analysis that is presented in this dashboard is compatible with all the above-mentioned pools.

    It is worth mentioning that we have compared the results since 31 Oct (which covers all the dates asked in the question) with the data during the past week.

    Results and Discussion

    ==The following charts show the daily variation of the total pool LPs adding (deposited) or removing (withdrawn) liquidity and their distribution thereof.==

    ==The following charts show the daily variation of the pool LPs deposit/withdraw volume as well as the net pool deposite and TVL.==

    ==The following charts show the daily variation of the pool LPs deposit/withdraw volume as well as the net pool deposite and TVL of GAMM tokens.==

    ==The following charts show the daily variation of the number of swap transactions and users as well as swap volume as well as their distribution thereof.==

    The daily variation of the total pool LPs adding (deposited) is rather decreasing since last month, but the trend is rather increasing during the past week. The opposite trend for the total pool LPs removing (withdrawn) can be seen, in fact, during the past week, the trend of pool LPs removing is rather significantly decreasing while this trend was increasing during the last month.

    According to the above charts, it can be concluded that the pool LP deposit volume is significantly higher than withdraw volume, therefore NET pool deposit volume mainly possessed positive amounts. The NET pool deposit volume is also showed a rather bell-like trend during the past week (max on 5 Dec as 241.71K). Moreover, the daily variation of the pool TVL shows a rather increasing trend during the past month as well as the past week.

    The above charts show that the pool LP deposit volume of GAMM tokens is significantly higher than the withdrawal volume. Hence, NET pool deposit volume of GAMM tokens mainly possessed positive amounts. The NET pool deposit volume is also showed a rather bell-like trend during the past week (max on 5 Dec as 179.69). Moreover, the daily variation of the pool TVL shows a rather increasing trend during the past month as well as the past week.

    From the results of these carts, it can be concluded that the the Pool of the Week program does not show any specific impact on the swap transactions and users number as well as the swap volume.

    > # Summary > > # We have created a dashboard to investigate the impact of the Pool of the Week program on the liquidity as well as inflow and outflow LP volume of the different pools > >

    > > # The daily variation of the total pool LPs adding (deposited) is rather decreasing since last month, but the trend is rather increasing during the past week. > >

    > > # The opposite trend for the total pool LPs removing (withdrawn) can be seen, in fact, during the past week, the trend of pool LPs removing is rather significantly decreasing while this trend was increasing during the last month. > >

    > > # The pool LP deposit volume is significantly higher than withdraw volume, therefore NET pool deposit volume mainly possessed positive amounts. > >

    > # The NET pool deposit volume is also showed a rather bell-like trend during the past week (max on 5 Dec as 241.71K). > >

    > > # The daily variation of the pool TVL shows a rather increasing trend during the past month as well as the past week. > >

    > > # The pool LP deposit volume of GAMM tokens is significantly higher than the withdrawal volume. > >

    > > # The NET pool deposit volume of GAMM tokens showed a rather bell-like trend during the past week (max on 5 Dec as 179.69). > >

    > > # The daily variation of the pool TVL of GAMM tokens shows a rather increasing trend during the past month as well as the past week. > >

    > > # the Pool of the Week program does not show any specific impact on the swap transactions and users number as well as the swap volume. > >

    > > # To draw a conclusion, it can be said that generally speaking, the the Pool of the Week program has a positive impact on the liquidity of the chosen pool.