Question:

Q21. How are users in incentivized pools behaving vs. non-LP OSMO token holders?

What about versus stakers? Create an analysis that shows activity for the various types of OSMO holders and chart out some additional activities they’re undertaking. Are users LPing or staking more likely to increase their amount staked? What group is receiving the most IBC transfers into Osmosis?

Overview of investigation:

The aim of this investigation is to figure out the activities by liquidity providers (LPs) and non-LP OSMO token holders. These activities have been selected as received asset, governance participation, staking and increasing the staked amount.

The next study is about the activity of LPs versus stakers.

The outcomes related to each study shown in the results sections.

Approach:

• Identification of LPs

  select distinct LIQUIDITY_PROVIDER_ADDRESS as LPs

  from osmosis.core.fact_liquidity_provider_actions

  WHERE ACTION in ('lp_tokens_minted','pool_joined')

• Identification of stakers

  select distinct DELEGATOR_ADDRESS as staker from osmosis.core.fact_staking WHERE ACTION='delegate'

• received asset acticity

  select receiver from osmosis.core.fact_transfers

• governance participation

  select voter from osmosis.core.fact_governance_votes

• increase staked amount

  select DELEGATOR_ADDRESS from osmosis.core.fact_staking where action='redelegate'

• Time period

  BLOCK_TIMESTAMP>='2022-01-01'

LP vs. non-LP

Key findings 1:

The outcomes related to the activity of LPs and non-LP OSMO token holders presented in this part.’

1. Most of the assets receivers in Osmosis belong to the non-LP OSMO token holders group by 86.9% of receivers.
2. The governance participation of LPs and non-LP OSMO token holders are similar together.
3. The non-LP OSMO token holders has better performance in staking compared to the LPs.
4. About 66.8% of users increase their stake amount belong to the LPs and the share of LPs is more than non-LP OSMO token holders.

LPs vs stakers

Key findings 2:

The activity of LPs and stakers has been compared in this part.

1. The share of LPs in receiving assets is more than stakers about and its about 60% of receivers.
2. The LPs have been participated on governance activity on Osmosis more than stakers and the blue-graph validate that.
3. The LPs are more keen to increase their staked amount in comparison with stakers.