FLOOR Tokens

This dashboard here attempts to see different events that are carried out using the FLOOR tokens in the Ethereum Mainnet and charts them for a detailed analysis.

Introduction:

A decentralized NFT market-making protocol is called FloorDAO. It makes it possible for all NFT collections kept in the FloorDAO treasury to have deep, sticky liquidity. FloorDAO builds up useful NFT liquidity using the bond & rebase techniques invented by OlympusDAO, which is then used in tactics like NFTX vaults to provide yield.

An ERC20 coin called FLOOR is supported by ETH and ETH-denominated NFT assets (eg. NFTX vault positions). The value of FLOOR is based on a combination of treasury-owned assets, with a minimum protocol-guaranteed value of 0.001 and a premium for speculation on FLOOR's future growth. When FLOOR exceeds backing, fresh FLOOR is created and issued to staked FLOOR every eight hours as part of a "rebase" that follows the current APY inflation. The FloorDAO treasury "bonds" eligible assets, selling the bonder additional tokens at a reduced price.

Methodology

This query has different sectors such that initially the events that had occurred in the past 90 days using the FLOOR tokens are addressed and then they are checked to see the staking events using sFLOOR tokens and then they are further subjected to swap analysis.In addition to this the swaps happened in the network with this tokens are also analysed and most of this uses the flipside data than the core data.

As an initial study the events that are cone by the users using FLOOR tokens reveals that most of the transactions are transfers from one wallet to other and hence it says that the staking events is less but we will see them below.Up on further studies…

The table as well as the chart here shows the detailed study of the activities of the users in the ecosystem using the FLOOR tokens and it is seen that the events are forbidden (null) as this represent the incomplete data.Still it can be said that the users are indulging in various actitvities using the FLOOR tokens.Now let us see what else they do in particular.

The table here shows the swaps that has happened using the FLOOR tokens over the past 90 days period and it is seen that they are swapped in the uniswap platform.

This chart represents the swapping events occurred with the number of swaps that had happened using the FLOOR tokens in the network.It is seen that the highest volume swap that happened on a single day using the FLOOR token is on April 16,2022 and it is worth more than 2.8M.

This graphical representation displays the number of swap transactions that happened in the network and it displays that April 16 had faced the highest number of transactions in swapping of 226 and with correlating the same with the chart above,it is seen that 226 transactions were made to swap an amount worth more than 2.8 M

The staking events that happened using the tokens is addressed here and it uses sFLOOR token and this is such that they have used sFLOOR tokens for transactions and so since it is already a staked token,the function like stake/unstake was difficult to get and then with the FLOOR token too!!!!

In addition to all these,the Liquidity added to the pool using the FLOOR tokens is also analysed and it is seen that only one transaction has been made for adding Liquidity by the users.

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