Introduction and methods

The SushiBar is another cool feature that makes SushiSwap unique. SushiBar allows you to stake your Sushi and receive xSushi in return. You can then earn more rewards by farming in the xSushi pool. All xSushi stakers gain a percentage of fees from the exchange.

In this dashboard we are gonna analye the SUSHI tokens transferred to the Sushibar in order to be staked and then, xSUSHI were minted. The analysis was done in a daily, weekly and monthly basis to see some trends. A final analysis about weekdays to see some day trends was done.

Results

Considering the three main charts about the daily, weekly and monthly number of SUSHI transferred to Sushibar, the conclusion is clear: the number of SUSHI sent to the Sushibar had a boom after its launch and during the first 3/4 months. However, since mid of January, the number of tokens transferred decreased a lot and it has been lower and lower over time.

Finally, this donut shows the distribution of total number of SUSHI tokens transferred by each weekday. We can see two main things:

• The best day for users is Thursday, when more than 17% of the total SUSHI have been staked.
• The worst day is Sunday, when less tha 11% of the total SUSHI have been staked.

Conclusion

As a conclusion, we have analyzed the amount of SUSHI staked on Sushibar over time. We have seen a daily, weekly and monthly analysis and concluded that the boom was after the first 3/4 months of its launch but the activity decreased a lot over time. Finally, we have seen how the major of the users staked their SUSHIs during Thursday days, and during Sundays, the activity decrease.

Source: Sushibar docs