STBL is the new Algorand stablecoin that can be used on AlgoFi platform. In this dashboard I will show you the staking process on it and the current staked value as well as the evolution of users using the platform.

I divided the results in three main parts:

• Number of transaction actions: stake vs unstake
• Number of users using the STBL to stake and unstake
• Volume entering and exiting STBL

The amount of stakers and unstakers seems to follow the same dynamic. However, the amount of stakers is higher. The most users come during the past weeks, reaching maximums on finals February around 120 new users coming.

The transactions loooks similar as the previous chart. The best period are the last days, with over 300 staking trasnactions daily.

Finally, the volume charts looks better for the last period as others. The volume reached more than 1.5M during finals February.

To sum up, the STBL are being more popular over the Algorand users during the past weeks and seems taht could be the new stablecoin to take into a look this year.