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    41. THORChain: Active LP-ers

    One of the benefits of THORChain is the crazy APY that you can earn on idle assets by providing LP to the pools even on PoW assets like $BTC. So there are plenty of degen strategies to chase the highest return. In this dashboard, we will take a look at addresses with most liquidity transactions and investigate the pattern to find out what he/she is chasing.

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    First let's identify the address that had the most liquidity related transactions. thor1hyarrh5hslcg3q5pgvl6mp6gmw92c4tpzdsjqg currently leads the chart with over 16k transaction in total to date,

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    Graph below shows the daily net movement of liquidity of that wallet. The negative balance meaning that it removes liquidity and positive means adding liquidity. We can see that most liquidity in any pool only lasts a day or two.

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    We can see that this guy also made hundreds of transaction in a day, showing how degen he is.

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    Since this wallet mainly interact with BTC.BTC pools, we take a look at APY history of BTC pool. We can see that this wallet try to chase those APY.

    ps: I have no idea how to get APY by querying but I will try and update here if I manage to get it.