This dashboard analyzes new users (borrowers) and their activity in 2024.
Overview
Benqi markets enable users to lend, borrow, and earn interest on their assets. In order to borrow assets, users must first deposit another asset of equal value. This serves as collateral and helps improve their health score. Health is a numeric representation of the degree of safety of user assets deposited as collateral.
Users can borrow and repay at any time as long as their health score is above 1. However, a delay in repayment may lead to an increased interest rate (APY).
In this dashboard, we'll be analyzing new borrowers and their activity. New borrowers, in this context, are users who joined the platform in 2024. We'll focus on their:
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