What Happens To Liquidated Collateral?

    Q179. What do users do with liquidated collateral after winning a bid?

    Introduction:

    In this dashboard, the next actions of collateral bids winners is determined by their participation.

    The methodology of this dashboard contains these steps:

    1. First we should identify the winners by their bid date
    2. After that set the date of next action after their bid date
    3. Find their participated program by contract address of msgs table on Terra
    4. Name the addresses with their actions

    According to the results of this figure, the total number of successful bids on Kujira are around 18880 bids. Also, the number of failed bids are 440 since the launch of Kujira.

    By the use of this figure, the address of winners in collateral bids are obtained with their exact bid date.

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    After finding the address of collateral liquidity winners and their bids date, the participation of these users on various actions is determined. Based on the results of this pie-chart, over 48% of collateral liquidity bids winners deposit their tokens on Anchor protocol. Also, near 28% of winners swap their assets by Terraswap program. Other winners sell or hold their assets and the percentage of these addresses are shown in this figure, too.

    Now we want to estimate the actions by their number of transactions. As shown in this pie-chart, 86.6% of the winners transactions related to deposit on Anchor and this action dominate other actions from liquidity collateral bids winners. Also swap action is in the second place of most used actions with 10% of total transactions done by bids winners. The rest of the actions and their share in number of transactions are shown in this chart, respectively.