Pool Together Bounties - USDC Deposits

    Q1. - In the last month, how much USDC did users deposit into PoolTogether (Ethereum)? - What’s the average deposit amount per user?

    1 - Methodology

    • Data collection was made using the ethereum.core.fact_event_logs
    • PoolTogether contract address
      • 0xd89a09084555a7d0abe7b111b1f78dfeddd638be
    • Logs were filtered by the event topic
      • topic[0] = '0x4174a9435a04d04d274c76779cad136a41fde6937c56241c09ab9d3c7064a1a9'
    • These event logs include the details about user, token deposited and amount
      • topic[1] and topic[2] = user address
      • topic[2] = token deposited
      • event data is the amount deposited

    2 - Amount of USDC deposited into PoolTogether (Ethereum)?

    • Total UDSC deposited value was $2.798M

    Conclusion

    Pool Together deposits come mainly from one big deposit. This could be either a degen whale or some sort of liquidity enticement but additional data analysis would have to be done to backup this assumptions.

    Appendix

    Whale deposit details

    • $2M USDC deposit transaction:
      • hash: 0x3398b016245543f1d033a5bf4aee52f9942028c64f6ad87c3d805ba2e42019f0
      • Etherscan link

    Contact data

    Twitter: FlyingF10008701

    Discord: FlyingFish#8179

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    3 - What’s the average deposit amount per user?

    • The average deposited USDC is skewed to an higher amount due to one single high deposit of $2M.

    The deposit was executed in May 17th 2022 by the address 0x0f3c2476fbf0ed09dff00ea7f4ef252dcc72e6f1.

    Maximum and minimum deposited is shown on Table 1 in Appendix.

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    Table 1