Introduction

AlgoFi is and Algorand's liquidity protocol. Through AlgoFi users can lend, borrow and earn interests on staking Algorand's native stablecoin (STBL).

This dashboard investigates staking and unstaking STBL on AlgoFi.

Analysis

The graph below shows the amount of staked vs unstaked STBL over time.

From the graph below we can how the total number of unique wallets who have staked STBL has changed over time.

The daily number of unique wallets who have staked STBL has been declined since mid December 2021.

The graph below shows the cumulative sum of staked and unstaked STBL over time.

The graph below shows the total number of staked STBL over time. We can see that after the initial growth, the amount of staked STBL has sharply decreased in the first half of January. After that, the amount has been fluctuating around 0.6M STBL.

The total number of staked STBL at the time of writing is .688M STBL.