Try Quests to earn cryptoSwapping gALGO3
This dashboard here looks into the gALGO3 asset of the Algorand ecosystem and see the assets that the users are swapping the gALGO3 tokens for as well as swapping other assets for gALGO3 $
Introduction
Governors that use Folks Finance to commit their Algo will get an Algo twin titled "Governance Algo N - gALGO" (where N is the number of current governance periods) at a 1:1 rate with Algo. Each governance era will have its own Algo asset that is liquid. The user is able to utilize the gALGO whenever they choose. 1 gALGO= 1 ALGO
Methodology
The count of the transactions and swap amount are taken from swaps of the Algorand on-chain data by giving the constraint of gALGO3's asset id. This part answers the first part of the question. To answer the second part, the swap program and group id are also taken for the same asset id. Then the third and fourth parts of the question are accounted for by taking the count of the transactions made for swapping in and out of the gALGO3 tokens.
The table here shows all the necessary data used for calculating the trend in swaps.
Swap counts with time are determined here. The swap count of the gALGO tokens where swaps are considered. The highest count is on April 13 which is 113.
Swaps count of the swapped out data with time are considered.The highest swapped out is on April 13.
The swap volume trend of the swap in and swap out of the tokens are considered here with the highest swaps happening for both swap in and swap out is on April 13 with the swap to volume being higher than swap in.
The data of both swaps in and swap out of the gALGO3 tokens are charted here with time on the x-axis side. This displays the transaction count of the token swaps.
The table that answers the second part of the query is attached here.
The DEXs which are involved in the swapping of the Governance ALGO tokens are charted here with their volume shares in the volume of the transactions marked.As seen here,the TINYMAN is the most used DEX.
The data available for the swaps out is charted here.The ALGO token here is swapped out in 99.5 percent and this swap is the only available among the two.
The trend in the swap of the Algorand tokens is charted here. It is seen that ALGO is the highly swapped token in the ALgorand ecosystem with the yieldly token hosting less than 2 percent of the tokens.
Conclusion
Thus the Swapping of the gALGO3 tokens are completely analyzed and their data is checked for trend and the complete results observed are provided here.