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    Chart below shows the hourly swaps transactions, involving STARS. The chart focus on events that happens from Friday (00:00) to Sunday (00:00). ( The hour is corrected to authors local time, EST + 12)

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    2.0 Stars, Swap Transaction

    The chart below shows the daily count f Swaps transaction using STARS token. Over time, we can see that the general pattern is downtrend, indicating less STARS is used for swapping.

    3.0 STARS Swap pattern, on Friday to Saturday

    We can see that during each Saturday, 04:00 AM, the value of the chart is at its lowest. The time before that, we see a huge spike in STARS swap transaction activity. This may due to users are using STARS for other purpose on that specific time such as NFT minting.

    1.0 Introduction

    STARS is one of the token used on the cosmos ibc ecosystem. STARS native chain, Stargaze, targets to be a chain dedicated for NFTs for cosmos eco. Every Friday on 04:00 PM, a new project is launched for minting. This analytics is done to study the impact of swaps activity involving STARS token. Note that the 04:00 PM is corrected to authors local time; 04:00 AM , Saturday

    4.0 Conclusion

    SWAP transaction involving STARS token is at its lowest on 04:00 AM , Saturday.