Hot-19.RocketPool: User Profile - LIDO vs. RocketPool

-- Lido is another application that also offers ETH2 liquid staking. -- Compare and contrast activity on RocketPool vs. Lido over the past three months. -- Is one growing more quickly than the other? Can we conclude if one of these applications is better for users than the other? -- Are there different types of users using RocketPool compared to Lido, or are the user profiles similar? -- Visualize and explain your conclusions.

Methodology

Find all deposits to Lido and Rocketpool in the past 90 Days

  where contract_address IN (
    LOWER('0xae78736cd615f374d3085123a210448e74fc6393') -- Rocket Pool
    ,LOWER('0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84') -- Lido
  )
  and (event_name = 'TokensMinted' or event_name = 'Submitted')

Parse out the ETH Amount of the deposits.
Plot daily total and average deposits

Number of Transactions

Lido clearly shadows RocketPool in terms of daily total number of transactions.
Highest is 2.7K for Lido vs 162 for RocketPool.
Till date Lido has had 29.7K transactions vs 2.5K for RocketPool.

Number of Users

Lido clearly shadows RocketPool in terms of daily total number of users as well.
Highest is 2.4K for Lido vs 132 for RocketPool.
Till date Lido has had 24.3K transactions vs 2K for RocketPool.

Daily Total Deposits

Lido clearly shadows RocketPool in terms of daily total deposits
Highest is 192K ETH for Lido vs 4.6K ETH for RocketPool
Till date Lido has had 1.72M ETH deposits vs 52.37K ETH for RocketPool.

Daily Average Deposits

Lido clearly shadows RocketPool in terms of daily average deposits as well.
Highest is 530 ETH for Lido vs 97 ETH for RocketPool
Till date Lido has a running average of 60 ETH vs 20 ETH for RocketPool.

Is one growing more quickly than the other? Can we conclude if one of these applications is better for users than the other?

Lido is growing a lot faster than RocketPool.
However, the only real benefit of using RocketPool over Lido is that RocketPool is de-centralized vs Lido which is centralized.

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