Terra.Getting.Your.Feet.Wet.Part.2
The characteristics of new users in participating with Terra protocols are analyzed in this dashboard.
The interaction of new users with Terra projects is shown in this bar-chart. This chart contains the name of projects and number of unique users associated with each project. As shown in this chart, the Anchor protocol is used the most among new users of Terra blockchain by over 100k new user interaction. Additionally, 7544 new users are associated with Terraswap program and its considerable result.
Introduction:
The behavior of new users in participating with Terra projects is investigated in this bounty. The considered projects are Anchor, Mirror, Pylon, Astroport, Terraswap, Prism and Mars.
The interaction of new users is introduced by executing at least one transaction in project.
The results related to behavior of new users of Terra blockchain in association with projects are shown by these metrics:
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Total number of users who have used each project
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Total number of transactions by project
The detailed info about the results is shown in the following table.
Summary:
In this research, the level of participation of new users with Terra collection projects is investigated. Based on the findings of this study, it can be concluded that the Anchor protocol is the most used among the new Terra users. Because it had more participants and the number of transactions was higher in comparison with other Terra projects.
The reason for this can be related to the popularity of the Anchor protocol as well as its amazing investment offers.
The number of transactions that made by new users in each project of Terra blockchain is shown in this figure. As expected, the number of transactions performed in the Anchor protocol is the highest among Terra projects. In the second place, Mirror protocol stands with over 30k transaction by new users.