DexGuru Dao Bootstrap
Analyze interesting Data about DexGuru Dao Bootstrap
Introduction
What is DexGuru?
DexGuru is a noncustodial trading terminal made for traders in DeFi era, leveraging on-chain analytics combined with token swap execution capabilities.
What is DexGuruDao Bootstrap ?
On April, DexGuru announced that they will create Dao Bootstrap phase to establish the future DAO foundation rules, main principles, and DAO vision. GuruDAO and $GURU tokenomic will be based on the decisions made during the bootstrap phase.
Who can participate in GuruDAO bootstrap?
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Users who tipped DexGuru before February 1st, 2022 and supported our community early on. The particular chain and the amount of the tips don’t matter. If you tipped to DexGuru before February 1st, 2022, you are eligible to mint a Guru Season Pass NFT.
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LobsterDAO NFT holders
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DEXT token holders
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UniWhales token holders
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Chartex token holders
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AstroTools token holders
Source : Link
Method
For Voting and user participation stats, I used ez_snapshot table which the SPACE_ID='thegurudao.eth', with this table we can also check the Votes number for each option for every proposal.
I Checked The Balance of the users with help of EZ_CURRENT_BALANCES and their activity on main net with help of FACT_EVENT_LOGS table.
The transactions and swap number for the last section was calculated with help of EZ_DEX_SWAPS and FACT_TRANSACTIONS table.
In this Dashboard we used All the data that are available with no Time limitation
The rules we have for Balance :
When ETH_balance = 0 then ‘does not have ETH’
when ETH_balance <= 0.1 then 'shrimp' when ETH_balance > 0.1 and ETH_balance <= 1 then 'Fish' when ETH_balance > 1 and ETH_balance <= 10 then 'shark' when ETH_balance > 10 and ETH_balance <= 100 then 'whale' when ETH_balance > 100 then 'humpback'
Conclusion
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The total number of votes registered so far is equal to 97.7K Vote
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We have 12.06K unique voter or members
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all the proposals get approved or accepted
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first proposal was on Apr 8, 2022 and was May 13, 2022
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36.5% of Dao members Voted more than 10 Times, which is the Condition
to be eligible for $GURU Token airdrop
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The Top Active space for DexGuru Dao members other than DexGuru is pancake which has more than 45K Vote
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83.6% of the members have less than 0.1 ETH and this Dao is more influenced by this group of users
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the DexGuru Dao members had interact with uniswap more than others with 183.77K Transactions .
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Of these, 506 disqualified members from $GURU token airdrop:
- in the most optimistic state, only 1.92% of members are bots
- On moderate, 15-20% of members are bots
- At its most pessimistic, more than 50% are bots
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Overview
what we will cover in this dashboard:
- First we will look on general stats :
- Statistics of user participation in voting
- Proposal approval or disapproval statistics
- Publication date of proposals
- Distribution of the number of votes for each user
- analyze the Dexguru Dao users with answering these questions:
- What are their other activities on snapshot?
- What percentage of users are whales?
- What are their popular activity on main net and other platforms
- some interesting proposal that I think need some investigate:
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There are three proposals whose purpose was to discover and finding bots, why is that?
Are the addresses really were Bots?
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Hunting The Bots :
Every one who Voted In number 7 and 11 proposal with ‘What option will bots prefer?’ Title, considered Bots and disqualified from the airdrop base on number 12 proposal with ‘Exclusion from possible airdrop of those who don’t read the text of the proposal’ Title. The count of members that disqualified is 506, and we collected their address, and you can check them on above table.
Of these, 506 disqualified members 1.976% does not have transaction on Ethereum Main net At all and 20.16% of them have less than 3 transactions.
52.6% of them did not swap and 14.62% of them swapped token less than 3 times so far.
The interesting things here that 53% of the members do not have ETH on their account balance at all.
With this information, we can reach a conclusion in our investigate :
- in the most optimistic state, only 1.92% of members are bots
- On moderate, 15-20% of members are bots
- At its most pessimistic, more than 50% are bots
Information:
All right, all right, all right lets see what we have here, The total number of votes so far is equal to 97.7K Vote, unfortunate is no t 100K but is very close. We have 12.06K unique user or voter, We can also consider this number equal to Dao members. 12 proposals have been submitted in this dao so far and users voted on them.
You can see other statistics such as the percentage of votes or the number of votes for each option in each proposal in the table above, which also provides us with a variety of other information.
In the figure on the right (Votes per proposals), we can see a graph that shows us what is the share of Votes for each proposal, it is very clear that are very close to each other except the ‘what option will bots prefer‘ proposals, why are so close? That is good question, the reason is that participating in proposals Voting make uses eligible for $GURU token airdrop. I am sure you have another question, and it is Why some proposals have very few votes compared to others? Hold on, I will answer this question in the last section
We have here a great figure, which is shows us the percentage of votes for each option in each proposal, The number of yes votes prevails for most of the proposals, and this means that most of them are acceptable to users, For some proposals, the number of opposing or abstaining votes has increased, which is because of the different views of some users towards them or because of the type of proposal.
‘Investigate airdrop farming and exclude large Sybil attackers ‘ and ‘what option will bots prefer‘ proposals had the most No or abstain Votes, the second proposal was for finding Bots among dao users that is the reason for this kind of Voting, You can read more information about this proposal in the last section of this dashboard.
The number 7 and 11 proposals are same but is published twice, so in the most of the graphs they have been mentioned as on proposal
From the Donut graph which shows us the distribution of number voting for each user, we can see that 55.3% of the users voted between 4 and 6 Times and 8.18% had vote less than 3 Times.
36.5% of Dao members Voted more than 10 Times, which is the Condition
to be eligible for $GURU Token airdrop.
From the right figure, we can see the creation date for each proposal.
The first proposal was on Apr 8, 2022 and the last one was May 13, 2022, and there were 10 proposal between these 2 dates. GURU dao was very active on April month
Information:
Here, we will uncover the truth behind members of DexGuru Dao.
Let’s start with other activity of the members on snapshot platform:
The Top space base on activity is pancake which has more than 45K Vote and which is almost half of Votes on DexGuru Dao, The conclusion that can be drawn from this is that most of the activities of the DAO members belong to the DexGuru DAO itself. In the second place, there is Arbitrum-odyssey with more than 29K Vote and 37% lower than pancake.
Let’s uncover more….
83.6% of the members have less than 0.1 ETH, or they are shrimps, So we can say that this Dao is more influenced by this group of users. 9.07% have between 0.1 and 1 ETH and 4.8% does not have ETH At all. There are 43 whales in the Dao members, or 0.357% of them.
Other thing we can see the Top contracts or platform that Dao members had interacted with in Ethereum Main Net. If we exclude the Token contracts, we can see that uniswap has the most Transactions, with 183.77K.
![db_img](https://uploads.flipsidecrypto.com/product/images/qPmtpyinUvC_.png)
Picture source : Link