Introduction
Gnosis is a decentralized prediction market built on Ethereum protocol, where in third party developers will also be able to introduce their own services. In general, a prediction market utilizes user predictions to aggregate information about future events. So, individuals will be able to create Prediction markets for events allowing users to buy shares of Predicted events.
The platform employs a dual token structure i.e. GNO and OWL. GNO is an erc20 tokens that the team sold during ICO and OWL tokens are earned by staking GNO. The amount of OWL received is dependent on the duration or length of the lock period, as well as the supply of OWL tokens in the market.
The main goal of this article is to provide a brief overview of Gnosis and assess its performance, usage in terms of standard metrics such as volume, users interacting, transaction fees charged etc.. with required visualizations.
So, in this dashboard, we will analyze and provide deep insights or findings in detail regarding the Gnosis transactions in terms of standard metrics such as
- Daily and Cumulative Transactions count on Gnosis
- Total number of Gnosis transactions performed so far
- Daily Users and Cumulative wallets who performed Gnosis transactions
- Total wallets count who has interacted with Gnosis so far
- Daily Success % and average success rate of Gnosis transactions
- Total percentage of Successful transactions on Gnosis
- Daily Transaction fess and cumulative fees for Gnosis transactions
- Total Transaction fees spent for Gnosis transactions so far
- Average Transactions per Second (TPS) and Transactions Count over time
Observations
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Maximum transactions count of 484.16K has been recorded on 30th May 2022, but when we look at overall, there seems to be a consistent trend maintained in terms of daily transactions performed on Gnosis.
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Highest number of users around 6.3K has performed Gnosis transactions on 12th June 2022 and maximum transactions per second of 5.6 has been observed on 13th June 2022, later which there is a slight decline followed by a consistent pattern.
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Transaction fees for Gnosis transactions recorded high on 11th June 2022, after which has started to come down and remained the same while approaching towards the first week of August 2022.