My next purchase after minting frETH
What is the most common transaction (any transaction) users make after minting frETH?
Introduction and methodology
True Freeze is an autonomous protocol allowing anyone to lock ETH out of circulation ("proof of patience") and mint frETH yield tokens and a tradeable Certificate of Deposit Freezer NFT for doing so. However, True Freeze users can pay a fee to unlock their ETH early.
The intention of this dashboard is to assess which are the most common transactions users are doing after minting frETH. The idea is to get the date when the users minted their frETH and extract the transactions done after that date.
Results
To do a deep analysis, I have computed not only the # of times users done a specific transaction, but also the amount of different users done each single type of trasnactions.
Then, the first chart below shows the distribution of number of transactions users have done after minting theri frETH splitted by each different type of transaction.
The second one shows the distribution of users that have done each type of trasnaction.
If we take a look at the numbers itself, we can see how the most common transactions have been transfers, swaps, syncs, approvals, deposits and withdrawals, with a huge difference against the rest of the transactions’ types.
On the other hand, we can see how the distribution of users per type of transactions is more heterogeneously divided. In this case, there are three main types used by the major of the users: Approvals, transfers and stakes. Some others that has been used practically for the half of the users: Deposits and withdrawals, reward paids, and swaps. And the rest of the transactions have been made by a few number of users.