Question:

we are now asking for creating visualizations depicting the daily, weekly and/or monthly movements of AAVE tokens on the Aave protocol specifically occurring on the Ethereum Mainnet, including both supply and withdrawal activities, as well as the daily staking and unstaking of AAVE tokens.

What is Aave and its native token?

The Aave protocol is a decentralized lending and borrowing platform built on the Ethereum blockchain. It allows users to lend and borrow various cryptocurrencies, including stablecoins, through smart contracts. The Aave protocol also supports flash loans, which are short-term loans that allow users to borrow funds without collateral as long as they are returned within the same transaction.

The Aave token (AAVE) is the native token of the Aave protocol and is used for governance and staking. Holders of AAVE can vote on proposals to improve the protocol and earn rewards for staking their tokens. The AAVE token also serves as a collateral asset for borrowers on the platform.

The application of the Aave protocol and AAVE token on the Ethereum blockchain has several benefits. Firstly, it provides a decentralized alternative to traditional lending and borrowing services, allowing users to access funds without intermediaries. This reduces costs and increases accessibility, particularly for those who may not have access to traditional financial services.

Secondly, the Aave protocol allows for greater flexibility in borrowing and lending. Users can choose from a range of cryptocurrencies to borrow or lend, and can do so without fixed terms or repayment schedules. This allows for more customized borrowing and lending arrangements.

Finally, the AAVE token provides a means of incentivizing participation and governance in the Aave protocol. Holders of AAVE have a stake in the success of the platform and can earn rewards for participating in governance decisions

To handle this investigation, the Data provided by Flipside community has been adopted, accordingly. The data relating to the address of Aave have been shown by Ethereum.aave on Flipside. The rest of the analysis has been done by application of these addresses on ethereum.core.fact_token_transfers.

The address of staked Aave is 0x4da27a545c0c5b758a6ba100e3a049001de870f5

The parts of this essay are as follows:

• Part 1: Deposit and withdrawal

• Part 2: Stake and Unstake Aave

• Part 3: Profile of the Aave depositors and withdrawers

  Three various time periods have been established to execute this essay: the past month, quarter, and year.