Introduction:

Yieldly is the world's first DeFi staking protocol built for Algorand, that allows holders of Algo to stake their assets and have the chance to earn a disproportionate reward.

The staking behavior of YLDY staking pools is investigated in 2022. The aim of this content is to find the popular pools over time.

The following metrics are used in this analysis:

• Total volume of stake
• Number of wallets staked
• Average stake
• Participation over time
• Price analysis

Let's get a better understanding of the YLDY staking pool usage in 2022.

In 2022 what have been the most popular Yieldly staking pools by the amount of YLDY staked, total number of stakers, and average amount staked? Additionally, show us how staking pool participating has evolved over time in 2022. Do we see more wallets participating in staking pools now or less? Do we see more wallets participating in staking pools but committing less amounts? Note how behavior has changed around these staking pools. Does the price of ALGO impact the number of users participating and staking pools? Are there any standout wallets that have staked in a lot of these Yieldly staking pools? Note any other interesting findings about the Yieldly staking pools and their usage.

Tips

Staking contract Staking: 233725850

As shown in this figure, the most popular pool by considering amount of staked YLDY is ALGO/YLDY pool and the it has a large difference with other pools.

The most used pool in terms of staking number is ALGO/YLDY with contains 52% of deposits. The YLDY/AKITA is in the second place with 11.3% of deposits.

The most used pools in average amount of stake are YLDY/NURD and YLDY/ALCH as shown in this figure.

The daily analysis of pools are presented in the two figures. As shown in these figures, the number of participants are decreased over time. Also these figures show that the number of participants and amount of stake are decreased in Mar 12 and the main reason is market crush.

The ALGO price and number of participants for ALGO/YLDY pool are shown in the same chart as shown.

Based on this figure, by decreasing the price of ALGO, the number of participants on pool is decreased, respectively.