Try Quests to earn cryptoFLOOR Tokens
Introduction
FloorDAO is a decentralized NFT market-making protocol built on Ethereum. It enables deep, sticky liquidity for all NFT collections contained in the FloorDAO treasury.
FLOOR is the native token of FloorDAO which is backed by ETH and ETH-denominated NFT assets (eg. NFTX vault positions).
This dashboard investigates what are users doing with their FLOOR tokens in the past 90 days.
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We can see that number users invloving staking and unstaking has also been decreased since two months ago.
The graph below shows the cumulative amount of stakes and unstakes of FLOOR in the past 90 days.
The graph shows that the net staked amount is decreasing.
The graph below shows the amount of swaps involving Floor. We can see the swap amount has decreased since the mid of May.
The graph below shows the number of swaps involving Floor over time.
The downward trend is obvious.
The graph below shows the cumulative amount of floor swaps in the past 90 days. It is obvious from the graph that the net Floor swap is growing towards the less swap for Floor.
Users can stake their Floor tokens to earn sFloor through rebasing. The graph below shows the daily rabase amount in the past 30 days.
On one sample day we can see that there are about 11M staked Floor . For this 11M Staked Floor 3560 sFloor has been rebased.
It means that Floor stakers for 1 staked Floor received 0.000324 sFloor. This means that Floor staking has 11,82 Annual Percentage Yield.
Conclusion
The data shows that:
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Staking and unstaking FLOOR actions has been declined significantly since 90 days ago.
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The amount of unstaking Floor is increasingly greater than staking Floor.
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Floor swapping has been decreased since 90 days ago.
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The amount of swap for Floor is increasingly lesser than the amount of swap from Floor.
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APY of Floor staking is 11,2%.
The user behaviour demonstrated that staking with 11,2% is not appealing. It can be because the APY in USD would be much lesser than this.