In this investigation, the activity of the Stargate finance on the Avalanche blockchain has been analyzed based on the following Twitter treat:

Treat by Omar

As mentioned in the selected treat, Stargate Finance experienced a huge surge in volume in the past 24 hours, 1 week, and 30 days.

To evaluate the correctness of this statement, the following methodology has been adopted:

• The activity of Stargate Finance has been determined based on:
  • Volume of transactions
  • Daily users and attraction of new users
  • Liquidity flow into the programs
• Besides the mentioned metrics, the application of Stargate Finance has been evaluated by considering various features on the Avalanche network like:
  • Detailed analysis related to the Liquidity flow
  • Retention of Stargate users on the Avalanche
  • Distribution of users by age of wallets and their activity on Stargate Finance
  • Crossover with other projects/platforms on the Avalanche

Stargate Finance is a decentralized finance (DeFi) platform built on the Avalanche blockchain. It aims to provide users with a secure and efficient way to earn passive income through yield farming, liquidity provision, and staking.

The platform's native token is STG, which can be used for governance and to earn rewards. STG holders can participate in the decision-making process of the platform, such as proposing new features or changes to the protocol.

Stargate Finance offers several pools for users to earn rewards, including the Avalanche-USDT pool, the Avalanche-WETH pool, and the Avalanche-SNOB pool. Users can also provide liquidity to these pools and earn fees generated from trading activities.

The platform has implemented various security measures to protect users' funds, such as audits by reputable firms and a bug bounty program. Additionally, Stargate Finance has a user-friendly interface and provides detailed information about each pool's performance, making it easy for users to track their earnings.

Overall, Stargate Finance offers a promising option for users looking to participate in DeFi on the Avalanche blockchain.

NOTE:

The reader can log into the Flipside website and set the time period of investigation to find out the application of Stargate Finance over various time frames. (By default, the last 30 days are considered as a time period.)