Stader Labs - 1. Active Daily Users

    Show the unique addresses depositing into Stader each day. How do these numbers compare to other protocols on the Terra blockchain? How much are these addresses depositing?

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    Active Daily Users

    The (real) start date for staking at Stader Labs was the 23rd of November. We had a strong first day, where everyone trys to deposit their Luna to Stader Labs. On the first day we had 4405 unique addresses! After the first day the numbers have decreased sharply and are getting lower and lower ... This behavior is similar for all protocols. On the first day, everyone tries to use the protocol, then the rush subsides and things settle down to a normal level. That we can see in the chart below.

    Daily Deposited Luna Amount

    The amount of Luna tokens match the user numbers, strong beginning and a decreasing over time, except 29.11. The volume increased on this day again strongly, because here the staking pool size was increased. The interest was simply too great.