Acquiring goBTC and goETH

    In this dashboard I am gonna show from where users are acquiring goBTC and goETH. The idea is to obtain an analysis about if they acquiring the assets by swapping or by minting and if this changed over time.

    To do that, I have implemented two main charts:

    • Redeemers vs minters (users swaapping or minting) over time
    • Redeems vs mints over time
    Loading...
    Loading...

    The results show that the users are acquiring the assets basically minting rather than swapping. However, since March 2022, the trend has changed and the percentage of users who are acquiring the tokens by redeeming them have been increased.

    The same occurred with mints and redeems, more mints have done to acquire the assets rather than redeems, and in this case the percentage of redeems have been higher than before.