Try Quests to earn cryptoGalactic Punks - UST Pool
Here we will show how much UST has been deposited into the lottery since it was established? What has been the average UST deposit amount?
Your liquidity pool tokens will be staked into the PYLON vault first. Once a transaction is mined, our GPU farms will earn rewards through gas fees.PYLON is bought with externally generated revenue and sent to stakers as rewards (in ETH). This continuous purchase of PYLON from externalrevenue gives your tokens real value.The Pylon project also takes in fees to build new mines that help it grow.
Galactic Punks and their Role in Pylon Protocol
Terra's blockchain is dotted with 10,921 randomly generated NFTs, known as Galactic Punks. Galactic Punks, the first collection of Terra NFTs, were minted on the Moon by the LUNAtics of the Terraverse, who were frustrated with the gas wars on Earthereum.
Pylon will give away 100 Galactic Punks using a time-weighted lotteries-based system. Each of these pools is lossless, and you can withdraw your deposits from either pool at any time.
A total of 70 Galactic Punks will be awarded every five days to depositors in the UST Pool over 350 days. Each time you stake $10 UST, you'll receive a Galactic Punk ticket (10 $UST = 1 Ticket / 20 $UST = 2 Tickets). A Galactic Punk is drawn every five days at random from all distributed tickets.After a winner is selected, ticket counts are reset to zero and the process begins all over again. Any time a user removes deposited $UST, the ticket distribution will reflect the new deposit amount immediately.
On the following graph, we can see how many transactions are deposited in UST every day and their Cumulative. It is evident that a lot of transactions happened in Oct 2021, but gradually those transactions decreased. UST Deposit transactions are in decline.
Galactic punks UST deposits can be seen in the below graph, calculated on a daily basis. There were a maximum of 3.13M galactic punks UST deposits on October 26, 2021. In the period from October 26th to October 29th 2021, it decreased gradually. After that, we see a brief increase.The minimum number of galactic punk UST deposits can be seen on November 7, 2021.
We can see a maximum Avg.UST deposit per transaction on Oct 31, 2021. Avg.UST deposited per transaction on Oct30,2021 is 3,159.144 and it has increased about three times more on Oct31,2021.
On the above graph, we can see UST Depositors grouped by their distribution. We can see here that the maximum number of depositors falls into the Less Than 100 category.
Additionally, we can see a list of the Top 20 depositors in the graph below.
Observations
From the above analysis, The average amount of UST deposits per transaction and the galactic punks UST deposits increased on October 31, 2021. According to the tweet #GalacticPunks lossless raffles? The first draw will be held on November 2nd. There is also a chance of winning GP in the lottery.
Therefore, we can also say that the number of UST transactions slightly increased on Nov1,2021 in comparison to the previous dates.