NFTs are non fungible tokens. Basically, “non-fungible” means that it is unique and cannot be substituted with anything else. A bitcoin, for instance, is fungible – if you trade one for another, you’ll get the same thing. A non-fungible piece of art, however, is one-of-a-kind art. By trading it for a different art, the original …
KnowWhere and RandomEarth are two prominent NFT Marketplaces on Terra Blockchain. Though they have their own humble beginings, these two marketplaces turbo charged NFT adoption on Terra blockchain. With thousands of active listing and hundreds of NFTs sales every hour, Knowwhere and RandomEarth are thriving. Lets us explore these two ecosystems. A NFT marketplace, KnowWhere …
NFT Sales Volume on Terra’s RandomEarth and KnowWhere Read More »
The Ethereum Naming Service, ENS, is the utility service of Ethereum Blockchain. It helps to associate a human readable name like gupli.eth to a lengthy and crypto Ethereum wallets like 0x33l23sd2342d23423423s3423423423423. The ENS is the DNS of Web 3 world! The ENS team announced their governance token $ENS on November 8 and they airdropped 25% …
What was the ENS Token price when airdrops were claimed? Read More »
This post examines borrowers with health factor less than 1 and their borrowed tokens. We will identify all loans that are defaulted on Aave with health factor less than 1 and not yet liquidated due to high gas price. Also we will examine the borrowers those who are liquidated and check if there is any …
This post examines THORChain THOR token airdrops in details to understand the behaviour of users who claimed these tokens. We analyze the airdrop claimers behaviour, number of tokens claimed, amount of gas spent in claiming and most importantly what happened to all those tokens claimed! Are these tokens HODLed by the claimers or invested on …
This dashboard shows transfer of TerraUSD (UST) from Terra Blockchain to various other blockchains. Please use date filters to adjust the window and explore the metrics.
The communication between blockchains has been problematic – they don’t understand each other’s protocols and can’t communicate effectively. As a result, users have difficulty moving their assets across different blockchains, resulting in a communication bottleneck. In order to solve this problem Wormhole is developed. In a nutshell Wormhole allows users to seamlessly transfer tokens between …
In this post we are going to explore how liquidity is moving inside Sushiswap ecosystem. We limit the scope of this post to liquidity providers who are adding liquidity into the pools The following chart shows the number of “Add Liquidity” transactions observed in Sushiswap ecosystem. On average we see around 300 transactions per day …
How does capital move across the Sushiswap ecosystem? Read More »
In this post let’s explore the users who are leaving Sushiswap and understand where they are going. Before we show the charts and talk about numbers, lets define the criteria used and make sure we are on same page. We will consider any user has left Sushiswap application if they are have not perfomed any …
AAVE empowers crpyto holders to borrow money instead of selling their assets. It is important to understand that selling your crypto assets means closing your position on that particular asset. Therefore, if you hold an asset long, you would not be entitled to the potential upside value gain from the asset. If you borrow, you …
