Introduction

THOR holders can stake their THORs to get rewards.

$THOR stakers receive $vTHOR tokens, as a composable and transferrable representation of staked $THOR position. THOR staking 2.0 offers more benefits for THOR stakers than rewards, such as no trading fee tier on THORswap.

This dashboard explores the impact of this new version of THOR staking rewards on THOR swaps.

Results

The graph below shows the amount of THOR swapped over time.

We can see an increase in the total number of THOR swaps in the week after the release of THOR staking 2.0.

On May 4th we also see a surge in swap to THOR.

The graph below shows the relative amount of THOR swap to to THOR swap from over time.

We can see on May 4th, swap to THOR is four times higher than swap from THOR.

The graph below shows the number of THOR swaps over time. We can see an increase in the number of swaps after the release of new staking rewards.

Conclusion

The data shows that the week after the release of THOR staking rewards saw an increase in the number of and amount of swapping THOR.

The data also shows that the amount and number of swap to THOR is higher than swap from THOR.

This indicates that the demand of THOR has increased after the release of new staking reward system.

The implication of this results is that THOR staking 2.0 is appealing.