Contractually obligated

    One of the most interesting things in crypto are the smart contracts. They ar ethe reason why the blockchain is different and have advantages. Thanks to smart contracts, we can detect trending contracts as well as bots if some wallet had more transactions than usual.

    Today I am gonna analyze which protocols have been more usual for users who start to interact in Terra during the last month.

    As a methodology, I have selected new users as those users who did their first transaction during the past 2 months on Terra. Then, I have seen their trasnactions over time splitted by protocol.

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    The results are there. It can be seen how the number of transactions increased a lot over time. It is due to more new users have come over time and then, more transacitions were done. The most important protocols have been Anchor and during last days Astroport. Other important projects are Terraswap and Random Earth.

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    In terms of smart contracts, it can be seen that there are some of them that are being used every day, and few of them increased their usage over time.