Osmosis Quarterly Performance Report

    a Q1 2023 Analysis of the Osmosis Ecosystem

    In this dashboard, I will be presenting an analysis of the Osmosis ecosystem for Q1 2023, including standard growth metrics. These metrics will be compared to the quarterly averages from 2022 to provide insights into the network's performance and growth over time.

    Furthermore, this dashboard will also analyze the impact of the Mars Protocol's launch on the Osmosis ecosystem within Q1 2023 in order to gain a better understanding of how the Mars Protocol has influenced the ecosystem and its growth.

    Monitoring these metrics can provide valuable insights into the health and performance of the Osmosis network and help identify areas for improvement and optimization.

    • In order to make it easier to differentiate between the data from different time periods, all parts of the dashboard will display Q1-2023 data using red color (🟥) lines, dots, and other visual elements.

    What is Mars Protocol?

    The Mars protocol is a decentralized finance (DeFi) platform built on top of the Osmosis network. It was launched in August 2021 and is focused on providing users with a range of yield farming and liquidity provision opportunities.

    One of the key features of the Mars protocol is its use of an innovative liquidity mining mechanism called "Proof of Lock." This mechanism requires users to lock up their liquidity provider (LP) tokens for a set period of time in order to earn rewards. The longer the lock-up period, the higher the rewards.

    Another unique aspect of the Mars protocol is its use of a "dual-reward" system, which allows users to earn both the native MARS token and the LP tokens for providing liquidity. This provides users with a more diverse range of rewards and incentivizes them to provide liquidity to the platform.

    The Mars protocol also features a governance system that allows MARS token holders to vote on key decisions related to the platform's development and future direction.

    db_img

    What is Osmosis?

    Osmosis is a decentralized exchange (DEX) protocol built on the Cosmos SDK/Tendermint consensus engine. It was launched in March 2021 by the Interchain Foundation, which also created the Cosmos network. Osmosis allows users to trade tokens, including those from other blockchains, through a liquidity pool-based system.

    One of the unique features of Osmosis is that it uses a customized Automated Market Maker (AMM) algorithm called "Dynamic AMM" that adapts the liquidity pool ratios to the market conditions in real-time. This enables the protocol to provide users with better prices and lower slippage compared to traditional AMMs.

    Osmosis also introduces a new token standard called the "IBC Token" that allows for the seamless transfer of tokens between different blockchains via the Inter-Blockchain Communication (IBC) protocol. This makes it possible for users to trade tokens from different blockchains without the need for centralized exchanges or wrapped tokens.

    Health Metrics

    Blockchain health metrics can refer to various indicators of the overall health and performance of a blockchain network like Osmosis. Here are some health metrics that are used in this dashboard to measure the performance of the Osmosis network:

    • $OSMO Token Price, Holders and Average Balance of Holders
    • Daily Osmosis's Transactions Count and Growth
    • Daily Active Users
    • Average Transaction Per User (Users' Activity)
    • Daily New Users Count and Growth
    • Daily Generated Fees
    • Transactions' Success Rate
    • Blocks' Performance
    • Volume of Transactions and Growth
    • Incoming Flow to Osmosis/ Outgoing Flow From Osmosis/ Inner-Flow Within Osmosis
    • Provided Liquidity on Osmosis Pools
    • Swap Activities Within Osmosis Pools
    • Registered ICNS Domains
    • Liquidity and Trading Volume of Liquidity Pools

    Dashboard by Ali3N

    Discord: Ali3N#8546

    Telegram: Alik110

    Twitter: Alik_110

    Email: Alik110.72@Gmail.com

    Check out My Other Dashboards at: https://flipsidecrypto.xyz/Ali3N

    Author