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    Stader Labs - 2. LunaX HODLers

    How many users HODL LunaX (Stader's liquid token)? How has this number changed over time? What are the balances of these LunaX HODlers? How have these balances changed over time?

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    Total LunaX HODLers

    At the moment 3580 wallets are hodling LunaX!

    How has this number changed over time?

    As we can see in the chart below, the numbers of new wallets were very high at the beginning and were decreasing a bit from day to day. But this is usual with every launch of a new protocol etc.

    LunaX balances

    The behavior of the amounts, as seen below, is identical to the wallets. Strong start and decreasing from day to day. But there is one difference. After one week of hodling the amounts are going up again. What we can see here is called 'Liquid Staking'. That means that every reward, obviously 'paid out after every week of staking', will be restaked, and thats why the amounts are increasing. I guess, from now on, we will see that behavior from day to day every week ...

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