Solana Protocol Feature

    Introduction

    Stablecoin pairs like UST/USDC can use the Saber automated market maker (AMM), which is built on the Solana platform. The SBR token, the protocol's native currency, is used to reward liquidity providers. The reward allocations for each liquidity pool were decided by the core development team until recently. The SBR token holders are now in charge of making these decisions, thanks to the implementation of protocol governance. Users must lock SBR tokens in order to receive voting escrowed Saber - veSBR before they may vote on which pools should receive rewards (through the "gauges"). SBR can be locked for up to 5 years, which gives token holders more say over which liquidity pool receives the highest SBR payouts.

    Method

    IN this dashboard I used solana.fact_gov_actions to calculate the daily and total amount of #SBR volume locked over the past 90 days.

    As definition 1 epoch = 1 calendar week.

    Analysis

    • The Cumulative growth of unique user count and amount of $SBR locked by them are depicted. and also in the PIE chart the total amount of Locked $SBR on each days of week are shown.

    In a normalized chart as above, daily amount of locked $SBR VS. Released are shown and in the next chart the net locked amount in daily and cumulative growth are depicted.

    Discord:0xHaM☰d#8391

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    • In the above charts the count of user who have had locking transactions on Saber and amount of $SBR locked in daily over the past 90 days are shown.

    In this charts I distinguished each Mondays as the start day on each epoch.

    • The amount of locked volume per day and count of users that locked $SBR, and total of this metric on each epoch are shown in the above chart.
    • In the above charts the amount of Locked and released $SBR on Saber and cumulative growth of tx count by each actions are shown.
    • In the above bar chart the total amount of $SBR locked and released volume per each days on week as epoch are shown.
    • Top 10 addresses, who most locked and released are shown in the above PIE charts.
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    Coclusion

    • As can be observed, 43% of locked $SBR on saber were placed on Wednesdays, and 18.6% on Tuesdays.
    • On April 20th and May 4th, the majority of users locked on saber for the past 90 days.
    • The most locked volume took place on June 14th, with more than 8 million per day. 
    • As of count of locking users and locked volume amount, we can observe that in the first epoch in the past 90 days, more than 12.5m was locked by 12 lockers, and in the second week of June, as the 10th epoch in the past 90 days, the highest volume was locked by more than 13m by 11 lockers. 
    • On May 9th and 26th, June 6, 7, 17, and 30th, we had no locked $SBR and all transactions were filled to release $SBR on saber protocol.
    • The most of the released volume $SBR amount was taken on April 11th, with more than 11.2m, and the most of the locked volume $SBR amount was taken on June 14th, with more than 8m.
    • The momentum of cumulative growth for locked transactions is significantly sharper than released transactions in the past 90 days.
    • In the last 90 days, the most $SBR volume was locked and released on Wednesdays.more than 1.5 million locked vs. 6.4 million released
    • In contract, the lowest amount of $SBR volume was locked on Saturdays at 58k, with less than 1 released in total on Mondays.
    • On Saber, approximately 80% of the locked and released $SBR volume was placed on three addresses.

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    Q97. Choose a defi protocol from the following list and create a dashboard with the new Flipside layout that can refresh once a day highlighting at least 4 metrics of your choosing that helps show the "health" of the protocol and what is happening on it.

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