Optimism : NFT Sales
May 14, 2024 - Optimism is a layer 2 scaling solution for Ethereum, aiming to increase the throughput and reduce the transaction fees on the Ethereum network. While NFT sales on the Ethereum mainnet are well-documented, sales specifically on Optimism may vary in terms of volume and activity depending on factors such as adoption, project launches, and user engagement. As of January 2022, Optimism was gaining traction as a layer 2 solution. However, given its potential to offer faster and cheaper transactions compared to the Ethereum mainnet, it's plausible that NFT projects and marketplaces would explore launching and transacting on Optimism to leverage these benefits. This dashboard shows several NFT sales activities ongoing on the Optimism network studied under different metrics.
Avalanche : Lending Liquidations
May 10, 2024 - Avalanche is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, scalable ecosystem. Developers who build on Avalanche can create applications and custom blockchain networks with complex rulesets or build on existing private or public subnets. Lending liquidations across the Avalanche ecosystem occur within decentralized lending protocols operating on the platform. These protocols enable users to borrow and lend digital assets in a decentralized manner. Liquidations occur when a borrower's collateral falls below a certain threshold relative to their borrowed assets, triggering the automatic sale of their collateral to repay the outstanding debt. Key points about lending liquidations across the Avalanche ecosystem include: 1. *Risk Management*: Lending protocols typically require borrowers to deposit collateral worth more than the borrowed amount to mitigate the risk of default. If the value of the collateral falls below a specified threshold (liquidation threshold), the protocol automatically initiates a liquidation process to recover the borrowed funds. 2. *Liquidation Process*: When a liquidation event occurs, the lending protocol seizes the borrower's collateral and sells it on the open market to repay the borrowed assets. The sale proceeds are used to cover the outstanding debt, including any accrued interest and liquidation penalties. 3. *Liquidation Penalties*: Borrowers may incur penalties when their positions are liquidated. These penalties serve as a disincentive for borrowers to allow their collateral to fall below the liquidation threshold and encourage them to actively manage their positions. 4. *Market Dynamics*: The frequency and volume of lending liquidations within the Avalanche ecosystem depend on various factors, including market volatility, asset prices, collateralization ratios, and the effectiveness of risk management mechanisms implemented by lending protocols. 5. *Impact on Ecosystem*: Lending liquidations play a crucial role in maintaining the stability and solvency of lending protocols within the Avalanche ecosystem. Effective liquidation mechanisms help protect lenders from losses and ensure the overall health of the lending markets. Overall, lending liquidations are an integral part of decentralized lending protocols operating within the Avalanche ecosystem, helping to manage risk and maintain financial stability within the decentralized finance (DeFi) space. This dashboard shows how loans are liquidated across various platforms over time as described by the mentioned metrics below.
NEAR Protocol : Bridging Activity Overview
May 8, 2024 - The NEAR ecosystem revolves around the NEAR Protocol, a decentralized application platform designed to enable the development and deployment of scalable, secure, and user-friendly blockchain applications. NEAR Protocol aims to address some of the scalability and usability issues faced by other blockchain platforms by employing innovative technologies such as sharding and a unique consensus mechanism called "Nightshade." The ecosystem includes tools, libraries, and frameworks to support developers in building decentralized applications (dApps), as well as wallets and other infrastructure components to facilitate user interaction with these dApps. Additionally, NEAR Protocol fosters a vibrant community of developers, entrepreneurs, and enthusiasts working to advance blockchain technology and its applications. NEAR Protocol is a scalable Layer-1 blockchain that aims to be as user-friendly as possible. With the goal of achieving mainstream adoption, NEAR prioritizes accessibility and interoperability with other networks. According to its whitepaper, “applications deployed to the platform should be seamless to use for end users and seamless to create for developers.” NEAR also aims to tackle the Blockchain Trilemma of being scalable, decentralized, and secure. Compared to Bitcoin and Ethereum, NEAR transaction fees are very low, just like other PoS networks. For more info CLICK HERE: https://www.babypips.com/crypto/guides/coin/what-is-near-protocol
Optimism : Overview
May 3, 2024 - Optimism is an Ethereum Layer 2 scaling solution that uses optimistic rollups to increase transaction throughput and reduce fees. In the realm of blockchain technology, scalability remains a significant challenge. This is where Optimism Mainnet, a Layer 2 scaling solution for Ethereum, comes into play. It's specifically designed to provide faster transactions at a fraction of the cost, helping to address Ethereum's scalability issues. This dashboard is aimed at displaying the following metrics across Optimism, an Ethereum Layer 2 ; - Trading Volumes over Time - Total Volume Traded - Number of Transactions over Time - Total Number of Transactions - Active Users over Time - Total Active Users READ MORE : https://www.theblock.co/learn/251461/what-is-optimism-and-how-does-it-work
Uniswap V3 - Overview
May 1, 2024 - Uniswap v1 was launched in November 2018 as a proof of concept for automated market makers (AMMs), a type of exchange where anyone can pool assets into shared market making strategies. In May 2020, Uniswap v2 introduced new features and optimizations, setting the stage for exponential growth in AMM adoption. Less than one year since its launch, v2 has facilitated over $135bn in trading volume, ranking as one of the largest cryptocurrency spot exchanges in the world. Uniswap now serves as critical infrastructure for decentralized finance, empowering developers, traders, and liquidity providers to participate in a secure and robust financial marketplace. Today, we are excited to present an overview of Uniswap v3. We are targeting an L1 Ethereum mainnet launch on May 5, with an L2 deployment on Optimism set to follow shortly after. READ MORE : https://blog.uniswap.org/uniswap-v3
NEAR : Trading Volume
May 17, 2024 - The NEAR Protocol is a decentralized application platform designed to make it easier for developers to build, deploy, and scale applications on the blockchain. it is no new information that the NEAR ecosystem has been gaining traction over the past few months. This dashboard shows the overall trading volume in the NEAR ecosystem over the last five months.
A Quick Survey across Curve, Uniswap-v3, Sushiswap, Balancer
May 2, 2024 - This Dashboard shows the key metrics reflecting the activity and performance across Curve, Uniswap-v3 Sushiswap, Balancer from January 1st, 2023 till May 2nd, 2024. Metrics Used: ⛓ Trading Volume ⛓ Number Of Transactions ⛓ Active Users.