DeFi on Flow

    Flow’s DeFi landscape is nascent but growing quickly. For DeFi enthusiasts coming to Flow, what information might they need to best understand this part of Flow’s growing ecosystem? Build an analysis that tracks prices for Flow fungible tokens, looking for the following data points: ticker, volume on DEX by ticker, volume on CEX by ticker, liquidity on DEX, price, market capitalization, and fully diluted value.

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    What is FLOW?

    Flow is a decentralized and developer-friendly blockchain. Flow is designed as a foundation for the new generation of games, applications, and digital assets. The Flow project claims to be based on an architecture that attains the required performance for mainstream applications.

    $FLOW is the currency required for the network and all the applications on top of it to function. FLOW is designed as a payment method as well as a long-term reserve asset for the entire Flow economy. The token is used by validators, developers, and users to participate in the FLOW network and earn rewards.

    FLOW DeFi

    Flow, however, takes a novel distribution approach and balanced token design that combines the best aspects of DeFi with developer-friendly tools, highly scalable four-node architecture, and a commitment to uncompromising decentralization. Flow blockchain combines DeFi and NFTs to power next-gen crypto Games.

    Flow, by contrast, aims to create many subdivisions of its network to allow for the total work to be split across nodes, with each node only validating a subset of the transactions.

    Flow TVL Stats (21th November 2022)

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    Methodology

    In this dashboard, We are going to analyse Flow Fungible Tokens and their stats within this blockchain (espeically Swaps Stats within FLOW DEX)

    In the first part, You will see an overall overview of Flow tokens and their current price (updates daily) as well as their market share within the Flow DEX.

    Then, you have to choose your desirable token from the “Token_Symbol” list provided above to see a full analysis of this token within the Flow blockchain (default token = FLOW).

    In order to be able to apply parameters, you should log into Flipside.

    All data on this dashboard are set to get refreshed once a day.

    The date of this analysis is 21th November 2022.

    Part 1: Overall Stats of Flow Ecosystem Tokens

    Token Symbols (Tickers), Names, Contracts And Their Current Price

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    Market Share of Tokens on FLOW DEX

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    Part 2: Specific Token (Choose From Token_Symbol Parameter)

    Swaps Stats

    Over-Time Stats

    Swap Pairs

    Swappers Stats

    Transfers Within FLOW Ecosystem

    Conclusions

    Flow was built with long-term sustainability in mind. Using Proof-of-Stake (POS) to run, it is significantly more energy-friendly than Proof of Work (POW), roughly in line with other online services that are regularly used. Additionally, the launch of the stablecoin FUSD helps further strengthen the Flow ecosystem and is incredibly promising for its long-term growth.

    Here are a few additional benefits of the Flow network:

    1. Flow is user-friendly and mainstream ready Flow is built for mainstream adoption, with a heavy focus on being developer-friendly and making it easy for non-crypto users to get involved. For example, with the Flow network, users can easily recover lost keys. Additionally, Flow works to reduce the many steps involved in getting started with their favorite projects. Because of this, Dapper Labs uses Flow for all their portfolio projects.

    2. Flow doesn't use sharding As Flow notes: "Smart contracts and user accounts on Flow can always interact with each other in one atomic, consistent, isolated, and durable (ACID) transaction. In other words: all applications on Flow can run in the same shared execution state…. Sharding and layer 2 solutions break composability and reduce network effects for dapps and smart contracts by removing ACID guarantees from the execution environment." While sharding can be helpful in some instances, it's not a long-term solution. By integrating its blockchain without the use of sharding, the Flow ecosystem is able to bypass some of the issues this technique can cause.

    3. Flow focuses on decentralization Because it's incredibly easy for developers and users to participate in the Flow ecosystem, this ensures that more individuals can participate in the consensus process that secures the network. As Flow writes: "Flow is committed to a diverse and decentralized participation in the Flow Network, and therefore the distribution of the token, in compliance with securities law and other relevant regulatory frameworks."

    4. Flow is backed by some of the world's biggest investors and brands Additionally, Flow is backed by some incredibly well-respected investors, ensuring the long-term growth and sustainability of the ecosystem.

      Both the Flow ecosystem and FLOW token continue to grow rapidly, and with more people around the world getting involved in crypto, it is well-positioned to become a key part of the mainstream adoption of cryptocurrency.

    Special thanks to

    For completing this dashboard i used flipsidecrypto tools and data and i get help from these elite member : alik110 , 0xHaM-d , hess

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