State of the State (redux)
Accuracy: Are there any data errors you can identify? Usefulness: Is there anything missing that would be critical for new users to Terra?
Those who analyze data Can understand better other data. In my logic, there are some important parameters that should check out. first, we should know what the data is about to find out problems with it. I usually start with the date of analysis. If we talk about a specific range of data all of our charts should be connected to each other. So we take a glance at the charts and compare the data.
Second, we are going to understand what analysis is about. In this case ( State of State - Redux )the analysis is about visualizing the hype and the constant growth of Terra. it shows the fast increase in the stake supply of Luna.
we take a step back and read about the Terra network. In Terra network, total fees, Gather as rewards. Then distribute among staker and validators. So logically when the amount of trade in Terra increases, more rewards distribute among satakers and validators.
I looked up into chart to find trade Volume and fees amount and Rewards. I think we have missing data in this presentation. When transactions increase we can't see that increase in Rewards. There are two types of errors in this presentation.
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Chart's dates are not similar to each other. so we can't compare to each other. some of them started from the beginning of the Terra networks and some of them are from last month.
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Maybe there is data missing. We should find the volume and compare it with fees and match it with rewards. we should see exact trends on charts. But I couldn't see the exact trend in these charts.
In my opinion, new Users should know how Terra's network works. The explanation is not complete. We already know how its works. Transaction fees are distributed among Validators and users who staked in those validators. This presentation at least needs 3 key charts.
- First show transactions volume in Terra network.
- Second fees that are generated by transactions.
- Different types of fees (token) generated by transactions
- Rewards distribution among validators according to the fees.
So basically we need this critical information for new users