Introduction

YLDLY is the native token of Yieldly; the prominent DeFi platform built on Algorand.

This dashboard provides insights into a better understanding of the YLDY staking pool usage in 2022.

Analysis

Top pools

Top pools of YLDLY have been identified through three important factors:

• number of staking actions (YLDLY mints)
• number of YLDLY stakers
• amount of YLDLY staked

The graph below shows top 10 pool in terms of number of YLDLY staking actions in 2022.

We can see that in 2022 after YLDLY-ALGO pool, YLDLY-ARCC has the highest number of staking.

The graph below shows the top YLDLY pools in 2022 in terms of the number of unique stakers.

We can see top 10 pools had between 500 and 3500 stakers in 2022.

TINY-YLDLY and KTNC-YLDLY are in the top pools in terms of number of stakers while there were not in the list of top staking pools.

The graph below shows the top 100 popular YLDLY pools in terms of amount of YLDLY staked. We can see that after YLDLY-ALGO, WBLN-YLDLY has the highest amount of YLDLY staked.

The scatter plot below shows how the amount of YLDLY staked in a pool correlates with the number of stakers of the pool.

YLDLY staking over time.

The graph below shows how the daily number of YLDLY stakers has changed since the beginning of 2022.

The daily number of 800 stakers has decreased to around 170 stakers.

Interestingly the data shows that while the number of stakers decreased in some days we can see the big size of YLDLY amount staked.

YLDLY staking and the price of ALGO

The price of algo has been decreased since the beginning of 2022.

The graph below shows the correlation between the daily number of stakers and the price of ALGO.

We can see that the higher price of ALGO correlate with the higher number of stakers.

Notable findings

• The most popular YLDLY pool is YLDLY-ALGO.

• In terms of amount of YLDLY WBLN-YLDLY is the popular pool after YLDLY-ALGO.

• There is a positive correlation between the number of stakers of a pool and its amount of YLDLY staked.

• The number of participants in YLDLY pools (stakers) has been decreased since the beginning of 2022.

• While the number of participants has a downward trend in some days recently we see the big size YLDLY staking.

• There is a positive correlation between the price of ALGO and the number of participants in YLDLY pools.