NFTX Vaults - User Activity
Analyze user activity providing and removing liquidity from NFTX vaults.
Questions:
- Which three vaults have seen the most activity over the past 60 days?
- Are there any similarities between these vaults or NFT projects?
Methodology:
- Retrieve NFTX Vault Addresses
- Retrieve mints/burns for each Vault (mints provide & burns reduce liquidity)
- Aggregate Amounts and Select Top 3 by Highest Event Count (mint & burn)
- Visualize Results and Comment
Vault Names by Address:
- Milady Maker (MILADY): 0x227c7df69d3ed1ae7574a1a7685fded90292eb48
- GOBLINTOWN (GOBLIN): 0xea23aff1724fe14c38be4f4493f456cac1afec0e
- Forgotten Runes Warriors Guild (WARRIOR): 0xe218a21d03dea706d114d9c4490950375f3b7c05
During this time, the largest sum of daily mints and burns has shifted over the three vaults. Initially dominated by Milady, activity transferred to Goblin and Warrior vaults. Currently, activity has waned with all vaults receiving low activity.
Above chart indicates the count of liquidity events (mints/burns) by the top 3 vaults in the past 60 days. Milady shows as the most active within this period.
With respect to the daily net change in tokens (tokens minted - tokens burned), we observe periods of providing and removing liquidity with Milday, while the others are predominantly providing liquidity.
The 3 charts above provide a breakout of event activity based on the type of event.
*Please note that the indicated colors for burn and mint may differ between graphics.
Similarities between NFT projects:
Milady Maker is is a collection of 10,000 NFTs giving exclusive access to a customized Minecraft server.
https://miladymaker.net/
Goblin Town is a collection of 9,999 NFTs created with little promotion and no roadmap...but mints were free.
https://goblintown.wtf/
Forgotten Runes Warriors Guild is a collection of 8,000 NFTs which will be playable in the upcoming Runiverse World MMORPG
https://www.forgottenrunes.com/
While Milady and Warriors provide exclusive gaming access, Goblin Town aims at amusement. Having total NFTs available in the 10k range allow a large community to participate. Otherwise, the projects are unique.