Introduction

The Algorand blockchain is the foundation upon which Folks Finance, a major DeFi technology for borrowing and lending, was constructed. It offers customers the ability to deposit and lend a number of assets, including as ALGO, goBTC, and goETH, through its 8 pools.

This dashboard conducts an investigation on the Liquidations, deposits, and redemptions of the assets that are associated with the protocol. In the end, it gives insights into how wallets are liquidating, how assets are being deposited and withdrawn over time, and how Folks Finance is growing.

Method

• Find all Liquidations, Deposits and Redeem transactions using TRY_BASE64_DECODE_STRING(tx_message :txn :apaa [0] :: STRING) as message
• WHEN message = 'l' THEN 'Liquidations'
• WHEN message = 'm' THEN 'Deposit'
• WHEN message = 'r' THEN 'Redeem'
• Find the various facts from the transactions.

Analysis

Vis 1 - 12 : A comparison between Liquidations, deposits, and redemptions on Folks Finance user activities in following metrics:

• Daily count of transactions, cumulative growth and in total and percentage shares.
• Daily count of unique users, cumulative growth and in total and percentage shares.
• Daily Average and total amount, cumulative growth and in total and percentage shares.

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• Vis 13 - 15: Total daily liquidations count over time by asset, in total and cumulative growth.

• Vis 16 - 18: Total daily liquidation volume, by asset, cumulative growth and in total and percentage shares.

• Vis 19 - 21: Average and total amount that has been liquidated on Folks Finance for each asset, cumulative growth and in total and percentage shares.

Conclusion

In comparison with deposit and redeem.

• More than 57% of total tx count belong to liquidation. on May 10th the growth in liquidation transactions exceeded from deposit that shows a spike when the markets capitulated in May. and on Jul 4th the growth in redeem transactions exceeded from deposit.
• More than 55% of total unique users count belong to liquidation. and on Jul 21th, the growth in redeem transactions exceeded from deposit.
• More than 87% of average amount of assets are belong to redeem . and since April, the growth in redeem in average assets are on a sharpen growth other than.
• More than 45% of total amount of assets are belong to redeem, and liquidation is less than others with 18.5% of total volume . and since June 16, the growth in liquidation in total volume assets are less than others, on a side growth.

Liquidations  by asset

More than 68% of total daily liquidations count over time by asset, are belongs to bALGO, that followed by fAlgo

About:

• Author: HaM☰d

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• Discord: 0xHaM☰d#8391

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• Twitter: @arjmandi_hamed

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• Email: h_arjmandi2012@yahoo.com

Q118. Dig into liquidations on Folks Finance to help us better understand liquidations that have happened on the platform!

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1. Total daily liquidations count over time by asset. Do we see a spike when the markets capitulated in May? 
2. Total daily liquidation volume, by asset. Do we see a spike when the markets capitulated in May?
3. Total daily liquidators profit (difference between the value of collateral liquidated and the total amount paid by liquidators).
4. Average and total amount that has been liquidated on Folks Finance for each asset? 
5. Note any other interesting information around liquidations on folks finance such largest liquidation by asset or anything else you find interesting.

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