Introduction

In mid December 2021, Saber, the leading cross-chain stablecoin exchange on Solana, lunched the first daoSOL-SOL liquidity pool. Saber in collaboration with MonkeDAO, the premier NFT DAO on Solana, provided an opportunity for users to earn extra yield through using their staked-daoSol and supplying liquidity in the daoSol-Sol pool on Saber.

This dashboard investigates the supply and suppliers of this liquidity pool on Saber.

Results

First, we provide an overview of liquidity supplied in the pool as well as unique wallets that deposited in.

The barchart below shows the the amount of liquidity supplied in daoSOL-SOL pool per day. The unit of amount is daoSOL. The same value of SOL as pair of daoSOL has been supplied as well.

The chart also shows how the daily number of unique wallets who deposited daoSOL to the pool has changed.

As can be seen, the amount of liquidity does not correspond to the number of unique wallets. The amount is peaked on February 5th and the number of wallets surged on February 10th.

In the next sectionsو I zoom in on each of the metrics.

Amount supplied in the pool

How much liquidity has been deposited in the daoSOL-SOL pool per day since the start of February?

The graph below shows daily amount (and cumulative sum) of deposited daoSOL since February 1st, 2022.

If we focus on the 5th of February, we can see there is one single huge valued transaction that impacted the trend.

The transaction is the deposit of 4,771.44 daoSOL and 5,200 SOL from Sunny aggregator.

Sunny has recently added Saber daoSOL-SOL pool.

The graph below shows the same information of above in a broader timframe.

Unique wallets have added liquidity to the pool

How many unique wallets have added liquidity to the daoSOL-SOL pool on Saber since February 1st?

The graph shows the number of unique wallets who have added liquidity to the pool per day. As can be seen from the graph there is an upsurge on February 10th.

The peak most probably results from the contributors to the Solana scavenger hunt of Flipside.

Late 9th February Flipside Crypto provided a new Solana scavenger hunt in which hunters should deposit in daoSOL-SOL pool.

The number of unique wallets corresponds to the number of drops opened for this hunt. Also, we can find the same parent of adding 0.00993366 daoSOL for many the new unique wallets.

Conclusion and discussion

In this dashboard, we investigated activities around the daoSOL-SOL pool on Saber.

Overall, the number of unique wallets made deposits in the pool per day is increasing, the volume of deposits shows a slight upward trend.

Two outlier dates in February are caused by one scavenger hunt of Flipside Crypto and one single deposit from SUNNY.