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    TERRA: Active Daily Users

    Stader is a newly launched protocol on Terra which aims to solve the 'which validator should I choose' question. It also intends to maximize the returns from staking $LUNA. Stader also introduces liquid staking token, $LunaX which means it still accruing in rewards but you can use it for other things like provide LP. And the best thing about this protocol is that there's no need to wait 21 days for undelegation. In this dashboard, we will take a look at some deposit stats on Stader.

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    Stader went live on 20th November but soon after it launches, it immediately hit the cap of 200,000 $LUNA. Couple days after, it re-opens with much larger cap hence why we're seeing the graph as follows.

    At first initial launch, only 743 users manage to stake their $LUNA on Stader. The highest users was recorded when it re-opens with almost 4500 users staking their $LUNA.

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    Comparing to other protocol on Terra ecosystem, we can see that Stader has quite low unique address interacted when compared to Anchor, Orion and Apollo except on the launch day. This query filters the msgs transaction that has the protocol contract address so means the transaction was interacting with protocol not the tokens. However, I believe with the launch of many other products in the future like $LunaX, Stader users count will definitely explode.