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    MonkeDAO Validator

    The MonkeDAO was the first NFT DAO on Solana and also was the first NFT DAO to set up a validator in an effort to help decentralize and secure the network. When a user decides to stake their Solana, they delegate which validator to support with their staked Solana. How many unique wallets since February 1st have decided to delegate their staked Solana to the MonkeDAO validator? Create a visualization showing delegations per day.

    In this dashboard, I will show the total of unique wallets, which delegated their staked Solana to the MonkeDAO validator since February 1st. Next, I will visualize the delegations per day.

    As the hint is given, I use solana.events to calculate the total unique wallets.

    According to Solana Beach (https://solanabeach.io) and Solscan (https://solscan.io/tx), I understand that unique wallets (Stakeauthority or Source) in question should meet these below criteria:

    • Voteaccount -DfpdmTsSCBPxCDwZwgBMfjjV8mF8xHkGRcXP8dJBVmrq
    • Event_type = delegate
    • The transaction is successful
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    Below is the visualization showing delegations per day for MonkeDAO validator and others.

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    From the chart, it can be seen that both of them witnessed a downward trend in daily delegations. Specifically, from 2982 delegations on 01-Feb-2022, other validators only got 540 delegations on 19-Feb-2022. The MonkeDao declined from 2 delegations to 1 delegation during that period. Regarding MonkeDao, it reached a peak at 9 on 10-Feb-2022. However, compared to the rest of validators, MonkeDao’s delegation accounted for the small proportions.

    After conducting query, 43 unique wallets since February 1st have decided to delegate their staked Solana to the MonkeDAO validator. Let’s check my result as follow: