Introduction

Thorchain is a Cosmos SDK-based cross-chain protocol that allows users to exchange one native asset for another native asset on another chain utilizing a variety of Rune Liquidity Pools. Thorchain may trade assets via two swaps using RUNE as the intermediate token since the RUNE token works as the second half of each LP Pool.The stakes in the ecosystem have faced a big drop over time.

The stakes in the ecosystem have faced a big drop over time.

Methodology

Both the Unstaked and the staked amount of the Thor in the Ethereum mainnet is analyzed and then the difference between the staked and un-staked is accounted to address the net staking amount in the ecosystem.All the data received are grouped by date to see the timely variations in the net stake amount of the Thorchain ecosystem.

The list of the necessary data such as the amount of the Unstaked,Staked and the Net amount of the staked thor are retrieved here.

The amount of the staked Thor over date is charted here. The amount of the staked amount is decreasing over time

The chart of the unstaked amount over time is charted here.It is also seen that there are continuous ups and downs over time.

The Net Thor Staked is displayed over time is displayed here. The chart here shows that the Net amount is staked is displayed over time. The chart here shows that the net amount staked is directly proportional to the Staked amount.

The trend in the staked amount over time is displayed with the amount of the amount of the staked and unstaked over time.The trend shows that the staked always follows the same pattern over time irrespective of the decrease due to the unstaked amount.