48. DOGE-RUNE LP-ers (THORChain)

    Doge is the latest network that been integrated to THORChain. THORChain is AMM DEX where swaps will utilize liquidity pool provided by users but on THORChain, all asset have their own pool and paired with $RUNE. In this dashboard, we will try to answer the following question; "How many of the THORChain wallets that added liquidity to the $DOGE-$RUNE pool were new (created on or after Jan 15th)? Of the existing wallets (created before Jan 15) that added liquidity to the $DOGE-$RUNE pool, how many of them withdrew liquidity from other pools before adding to the $DOGE-$RUNE pool?"

    For the first part, we will investigate how many of the $DOGE LP provider are from new wallet.

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    Currently, there 132 unique addresses that has provided liquidity to DOGE.DOGE pool. And out if those wallets, over 1/4 of them are new(made their first transaction on or after 15th Jan) while 74% of them are existing THORChain users.

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    For second part of the question, which is to identify whether the old wallet removed any LP from other pools. For this, we will take a look to the past 7 days only (from 08th Jan to 15th Jan). There are 83 old wallet addresses thus far. Out of those 83 wallets, only 10 of them has removed liquidity prior to DOGE.DOGE launched (within a week). One wallet, thor1egxvam70a86jafa8gcg3kqfmfax3s0m2g3m754 removed liquidity more than others which is almost 900K USD from various pool, mainly from ETH.PERP and ETH.AAVE.

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    In conclusion, over 25% of all LP provider for DOGE pool are new users while the rest are existing users. Out of those existing users, 12% has removed any liquidity from other pool before adding liquidity to DOGE.DOGE pool.