Intro

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Method

• To find Metamask wallets Flipside's ethereum.core.fact_event_logs table will be used.
  • The contract for metamask will be used as the condition for categorizing a wallet as a Metamask wallet
• To find their balances, Flipside's flipside_prod_db.ethereum.erc20_balances table will be used.

Analysis

Task

• How many total Metamask wallet holders are there?
• What’s the average value of ETH held in wallets?
• What percentage of wallets are engaging in a higher order activity, like staking?

A starting point is to look those addresses that have interacted with the Metamask swapping contract

• There are currently 1,162,983 wallets that as of 2022-06-21 hold ETH.
• This wallets hold an average of 0.91 ETH per wallet.

An idea of what they are doing.

• Of the 1,162 million Metamask users a 17.2%, or 218k, of them participate in activities related to stake events.

• Of the 1,162 million Metamask users a 31.7%, or 402k, of them participate in minting nfts.

So...

• There are 1,162 million wallets coming from Metamask in Ethereum's blockchain.

• There are almost twice the amount of people participating in a NFT minting than doing something related to stake.

• It could be said that NFT minting activities attracts more wallets than staking.