Try Quests to earn FLOWFlow Staking activity
Observation
Staking and unstaking are essential transactions on the Flow blockchain that are used to participate in the network's consensus mechanism and manage FLOW token holdings. As such, tracking metrics related to staking and unstaking is critical for understanding the health and activity of the Flow network. The count of transactions related to staking and unstaking on Flow can provide insight into the level of activity and participation in the network. This metric tracks the number of transactions that are executed to delegate or undelegate FLOW tokens to validators. A high number of staking and unstaking transactions may indicate high user engagement with the network, while a low number may suggest lower interest or adoption. The count of delegators is another important metric for staking on Flow. This metric tracks the number of unique addresses that have delegated FLOW tokens to validators on the network. A high number of delegators may suggest that there is widespread interest and adoption of staking on the Flow blockchain, while a low number may indicate a lack of interest or understanding of the benefits of staking. count of transaction was in Aug, Mar 2022 and Sep 2022 was more than other months. The maximum count of transaction was in one week is related to first week of may 2023. (around 13 K at first week of may 2023 that most of them (12.8 K) was for stake). Maximum count of user (56% of all users) did stake & unstake just once time. Total count of transaction was : Stake = 584 K (93.64%) Unstake = 39.6 K (6.36%) The count of user was in May, Mar 2022 and Jan 2022 was more than other months. The maximum count of user was in one week is related to first week of Mar 2022. (over 7 K at first week of Mar that most of them (6.9 K) was for stake ). Total count of user was : Stake = 39.8 K (76.31%) Unstake = 12.4 K (23.69%) The volume (USD) of transaction was in Dec, Mar 2022 and Feb 2021 was more than other months. The maximum volume (USD) of transaction was in one week is related to last week of Aug 2021. (over 120 B USD at first week of Mar that most of them (125.5 B USD) was for unstake ). Total volume (USD) of transaction was : Stake = 107.24 B USD (28.21%) Unstake = 272.89 B USD (71.79%) The average volume (USD) of transaction was in Aug, Mar 2021 was more than other months. The maximum average volume (USD) of transaction was in one week is related to last week of Aug 2021. (over 11 M USD in last week of Aug that 11.47 M of them was for unstake ). Finally, tracking the volume of transactions related to staking and unstaking on the Flow blockchain can provide insight into the level of economic activity on the network. This metric measures the total value of FLOW tokens that are being delegated or undelegated to validators. A high volume of staking and unstaking transactions may indicate a high level of economic activity and interest in staking on the network, while a low volume may suggest lower adoption or engagement. Overall, tracking metrics related to staking and unstaking on the Flow blockchain can provide valuable insights into network activity, participation, and economic activity. These metrics can be useful for developers, investors, and other stakeholders looking to better understand the health and growth of the Flow ecosystem.
Observation
User categorize by count of action :
Maximum count of user staked just once time (23.7 K) but maximum count of unstake was 2 - 10 time (7.03 K).
Maximum count of user (29.2 K) have transaction just once time (55.96%).
User categorize by volume (USD) of action :
Maximum count of user staked less than 10 USD (20.6 K) but maximum count of unstake more than 100 K (6.1 K).
Maximum count of user (21.1 K) have transaction less than 10 USD (40.35%).
Introduction
Staking on the Flow blockchain is a way to participate in the network's consensus mechanism and earn rewards for helping to secure the blockchain. Flow is a fast, decentralized blockchain designed to support decentralized applications and digital assets, and staking is an essential part of the network's operations. By staking your FLOW tokens, you can help validate transactions and add new blocks to the blockchain. This helps to ensure the security and reliability of the network, and in return, you can earn rewards in the form of newly minted FLOW tokens. Staking on Flow is easy and accessible to anyone who holds FLOW tokens. You can delegate your tokens to a validator, who will then use them to participate in the network's consensus mechanism on your behalf. Validators are responsible for verifying transactions and adding them to the blockchain, and they receive rewards for their work. Overall, staking on Flow is a powerful way to support the network and earn rewards for your contributions. Whether you're a developer building decentralized applications on Flow or an investor looking to earn passive income, staking on Flow is an excellent opportunity to get involved in one of the most exciting and innovative blockchain projects in the world today.
Methodology
In this dashboard, I have reviewed staking in flow blockchain. The number of staking and unstaking transactions and claiming prizes as well as the number of users and the volume of each activity have been checked. In the next section, users are categorized according to the number of transactions and volume of transactions. The filters and tables used in this analysis were: flow.core.ez_staking_actions → used for checking the staking activity.
filters : staking: action in ('DelegatorTokensCommitted','TokensCommitted') un - staking: action in ('DelegatorUnstakedTokensWithdrawn','UnstakedTokensWithdrawn') Claim reward: action in ('DelegatorRewardTokensWithdrawn','RewardTokensWithdrawn')
Observation
Claiming staking and unstaking rewards is an important activity on the Flow blockchain that allows stakers to earn rewards for participating in the network's consensus mechanism. Tracking metrics related to claiming rewards can provide insight into the level of economic activity and participation in staking on the Flow network. The count of claiming staking and unstaking rewards metric tracks the number of transactions that are executed to claim rewards for staking or unstaking FLOW tokens. A high number of claiming transactions may indicate high user engagement with staking on the network, while a low number may suggest lower interest or adoption. The count of claimers is another important metric for staking on Flow. This metric tracks the number of unique addresses that have claimed staking or unstaking rewards on the network. A high number of claimers may suggest that there is widespread interest and adoption of staking on the Flow blockchain, while a low number may indicate a lack of interest or understanding of the benefits of staking. The maximum count of claim was in one week is related to second week of Apr 2022 with 2203 claim. Total count of claim transaction was 158.9 K. The maximum count of claimer was in one week is related to second week of Mar 2022 with 1818 claimer. Total count of claimer was 12.2 K. The maximum volume (USD) of rewards was in one week is related to 4th week of Apr 2021 with over 450 M USD. Total volume (USD) of transaction was 6.9 B USD. average volume (USD) of transaction was 85.36 k . Finally, tracking the volume of rewards (in USD) related to staking and unstaking on the Flow blockchain can provide insight into the level of economic activity and value creation on the network. This metric measures the total value of rewards that are being claimed by stakers and unstakers. A high volume of rewards may indicate a high level of economic activity and value creation on the network, while a low volume may suggest lower adoption or engagement. Overall, tracking metrics related to claiming staking and unstaking rewards on the Flow blockchain can provide valuable insights into network activity, participation, and economic activity. These metrics can be useful for developers, investors, and other stakeholders looking to better understand the health and growth of the Flow ecosystem.
Conclusion
Staking, unstaking, and claiming staking rewards are essential activities on the Flow blockchain that allow users to participate in the network's consensus mechanism and earn rewards for contributing to the network's security and reliability. Staking involves delegating FLOW tokens to validators on the network, which helps to validate transactions and add new blocks to the blockchain. Unstaking allows users to withdraw their FLOW tokens from the staking pool, freeing them up for other uses. Finally, claiming staking rewards allows users to earn rewards for their contributions to the network's consensus mechanism. Tracking metrics related to staking, unstaking, and claiming staking rewards can provide valuable insights into the level of activity and participation in the Flow network. Metrics such as the count of transactions, count of delegators, volume of transactions, count of claimers, and volume of rewards can help developers, investors, and other stakeholders better understand the health and growth of the Flow ecosystem. Overall, staking, unstaking, and claiming staking rewards are important activities that contribute to the security and reliability of the Flow blockchain while providing opportunities for users to earn rewards for their contributions.