Average.Age.of.Synth.Holders
Q59. Create a chart displaying how long synth holders keep their synth for.
Introduction:
According to the Thorchain doc, the Synthetic Assets are those assets that they are 50% backed by their own asset, with the other 50% backing being provided by RUNE. This is achieved by using pool ownership to collateralise the synth, which ensures always-on liquidity and pricing.
The holders of these assets are called synth holders.
In this dashboard, the days of synth holders kept their synth assets are provided. In this investigation mint refers to buy and burn is used to sell. The swaps table is used for this purposes. The average time between the holders mint and burn is calculated, accordingly.
The respected results are shown in the rest part of the dashboard.
Based on the explanations provided in the first section, the average number of days that synth holders hold their assets are grouped and shown in this chart.
As shown in this chart, 140 synth holders burn their assets in same day of mint. The number of holders that hold over one month is 4 synth holders and they hold 30 and 31 days.
The percentage of synth holders by their holding days is shown in this pie-chart. As shown in this chart, 33.6% of synth holders sell their asset without holding it. 8.51% of synth holders hold their assets for only 1 day. The percentage related to days of holding for synth holders is demonstrated in the rest of chart, respectively.