Scanner Sweep (Terra Bounties)
Q175. Bounty question #157 was to create a dashboard to show the health of the Terra ecosystem. For this bounty, your job is to write a succinct one-page summary or summary dashboard assessing a submission of your choice for the Acme of Skill bounty (#157). Grand prize winners will compare at least two of these submissions. What is effective about these metrics of the Terra ecosystem? What would you add or change to make your chosen submission(s) an even better resource for LUNAtics?
The aims of dashboard
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For this bounty, your job is to write a succinct one-page summary or summary dashboard assessing a submission of Bounty question #157 (health of the Terra ecosystem), for the Acme of Skill bounty.
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Find effective about these metrics of the Terra ecosystem.
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Add or change to make chosen submission(s) an even better resource for LUNAtics.
Method
- Deep dive into submissions to assessing dashboard designs and analytical quality.
- Comparative analysis for the dashboard results with official sources to verify their accuracy.
- Select dashboard to review was created By @thekakamora
Explanations
Health of Terra Ecosystem Several factors are needed to be work togather in order to ensure the health of Terra ecosystem. In this regard, in this sashboard it is tried to briefly define these factors with referencing to and assessing the following dashboard: https://mtg-oracle-static.s3.amazonaws.com/images/logo/LFG_B2/test1.html
The mertics important to the health of Terra ecosystem include:
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Circulating LUNA Supply
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Circulating UST Supply
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UST Peg Variance
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LFG Reservse Balance
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Number of Users
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Number of Validators
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NFTs Marketplace
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Whales
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Total Value Locked
The mentioned dashboard provided graphs in tabs related to the LUNA Supply, UST Supply, TPS, the number of new wallets, NFTs, Whales & Staking that are briefly reviewed in the following
Overview
Noticed dashboard have an excellent layout with a friendly user interface that covers the Terra ecosystem briefly.
The effectiveness of these metrics being presented in a dashboard is the ability to provide all relevant visualizations in one page. Provided their data gets updated daily by flipside's data.
Deep dive into their structure more detailed:
It's separated with tabs that have a detailed metrics in each with graphs that have daily updating. that this is more effective and friendly to user to jump straight to the right category without having to scroll down.
Last but not least, they present interactive graphs to let the reader dive deeper for their analysis.
Circulating Supply LUNA & UST
Luna's supply increases and decreases in response to market conditions in order to preserve the Terra stablecoin's price. UST supply is also another important factor in the health of Terra ecosystem. This important metric are presented in a special tab by name of LUNA & UST that are visualized in graph that are in updating in daily by flipside data.
The Number of New users (New Wallets)
Users are important parameter in the health of Terra ecosystem. The related metrics to the users is the number of wallets on Terra networks that can show how this netwrok performs effectively and health. In the selected dashboard its shows in a special tab by name of New Users.
Conclusion
Certainly, every ecosystem needs its all components to work together in order to aims of its goals. And base of that, Terra ecosystem is not an exception. These metrics provide an excellent snapshot and historical representation of Terra. Nominated dashboard is amazing in terms of delivering value to the reader by collecting all these important metrics briefly. To stay healthy, it is necessary that several factors in Terra ecosystem exist and go parallel to each other to make this system healthy, such as LFG, UST supply, LUNA supply, Users that are interrelated to each other. So this dashboard is very creative on how to combine and emphasize key takeaways with their styling choices.