Try Quests to earn AVAXGoGoPool, still going!
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GoGoPool is an Avalanche subnet-based liquidity staking pool (recently the third largest liquidity staking pool on the network) which grants users a NON-Custodial, simplified and secure AVAX staking and top notch reward earning experience.
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GoGoPool has two users; node operators and liquid stakers. GGP token node operators can initiate new validator nodes with just 1000 AVAX, matched with liquid staking funds, enabling them to earn AVAX and GGP rewards. Subsequently, node operators can boost their overall yield by reinvesting GGP rewards through delegation from the liquid staking pool.
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For liquid stakers, the process involves depositing AVAX and receiving ggAVAX in return. ggAVAX encapsulates both the initially deposited AVAX and any accumulated rewards. These ggAVAX tokens can then be utilized within various DeFi applications to further amplify yield potential. more info
- In this analysis as instructed, tweeted post from the crypto influencer :omer was picked, as the sole inspirer of this dashboard.
- To unravel staking metrics and performance of the third largest liquidity staking pool on Avalanche, GoGoPool I’ve used the tables ‘’avalanche.core.ez_decoded_event_logs’’ for extracting the needed data regarding the topic in addition the ggavax contract ID, “0xA25EaF2906FA1a3a13EdAc9B9657108Af7B703e3” was used to narrow down these acquired data, to only GoGoPool staking pool, the contract ID of "0xC8De41C35FB389286546cF4107102a7656Da7037" was also used for Minipool based metrics and the contract ID "0x9946e68490d71fe976951e360f295c4cf8531d00" was utilised to expand staking horizon for the analysis to be able to include $GGP tokens staking activities on the Minipools, an array of chart and graphs were also used to make these raw extracted data more comprehensible.
- Time interval is parametrized to daily, weekly and monthly formats.
- Link to my tweeted response.
