District Deep Dive: Contracts Deployed

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    It is clear that the following 5 new smart contracts, which have been deployed on Near since the beginning of 2022, are at the top in terms of the number of transactions:

    1. Aurora

    2. Nearcrowd

    3. Ref-finance

    4. Sweat token

    5. Near apps

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    It is clear that the following 5 new smart contracts, which have been deployed on Near since the beginning of 2022, are at the top in terms of the number of used Gas:

    1. Aurora

    2. Nearcrowd

    3. Ref-finance

    4. Sweat token

    5. Client.bridge

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    Near price effect on the new contracts deployment

    This chart shows a good relationship between the Near price and new contracts deployed on the Near blockchain.

    As the price increased on Mid April, the number of new contracts increased, and as the price started to decrease in May, the number of newly deployed contracts decreased.

    TVL effect on the new contracts deployment

    Althought the price chart had good relation with new contracts, but TVL best fits the new deployed contracts chart.

    As it is clear from the chart the new contracts chart exactly moves with TVL chart, so if near wants tp boost the number of developers and deployments within its ecosystem, it should work on the TVL.

    Daily and total Deployed Contracts on Near

    Here are graphs of Near Blockchain's daily contract deployment. By using the date of the first smartcontract transaction, we acquired the deployed date. A vast number of near-smart contracts were deployed on April 19 with about 229.

    From the beginning of May until now, the number of contracts deployed on Near has been going down.

    Also, we have 12.63K total deployed new smart contracts and 31.3K total deployment Actions since the biggining of 2022.

    Weekly and Monthly Deployed Contracts on Near

    The same overall downward trend is visible on both the Weekly and Monthly charts, with the exception of an unexpected spike that occurred on April 18th.

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    Also, we can compare the charts on this dashboard with the GokuStats, which shows our findings are acceptable with a good approximation.

    Near protocol

    The Near network is a layer 1 blockchain that enables smart contracts . It is a decentralized network that lets programmers use tools to build and expand apps on its network. This gives users an easy-to-use interface and cheap transactions.  \n

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    Smart contract

    A "Smart Contract" is only a piece of software that is deployed on the NEAR blockchain when specific criteria are satisfied.

    Smart contracts control the data modification and storage on-chain. It is stored on the NEAR blockchain at a specific address as a collection of code, which reflects its functionality, and data, which denotes its status. Near is an open-source blockchain. A smart contract can be evaluated as an account on the NEAR network.

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    Introduction

    Chart and Comments

    Conclusion

    During this dashboard, we found the deployment of new smart contracts on the Near blockchain on a daily, weekly, and monthly basis and tried to explain each chart briefly. Also, we tried to find the factors that might influence the number of contracts deployed and find some way that NEAR can use to boost the number of developers and deployments within its ecosystem. Also, we tried to find the most popular contract based on the number of transactions and amount of used Gas. Finally, We found that Although the price chart has good relation with new contracts, TVL best fits the new deployed contracts chart.

    About this dashboard

    Methodology

    • We looked through the Event and transaction database on Near to locate the deployment of the Smart contracts by finding transactions with action names equal to DeployContract can be found in the event table. 

    • We tried to find the possible influential factors on the deployment of the new contracts by finding its correlation with the Near price and the total value locked (TVL) on the Near blockchain.

    • We choose to find the data at the beginning of 2022.

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