Try Quests to earn cryptoETH Removed
In sushi the amounts of removed ETH from protocols to wallets both from borrowings and lendings we don not see the special trend in amounts.
It is worth to say that the volume of ETH in sushi in recent weeks decreased a lot.
It is clear that the amounts of removing ETH as collateral and moving ETH to wallets increased in recent weeks.
and also we can see the amount of swaps to ETH increased in recent weeks.
In uniswap the amounts of removed and also added ETH to uniswap pools are almost in the same trend.
and we can’t say that users removed their ETH much more other days from protocols or their deposit their ETH to protocols.
but totally the volume of ETH decreased in recent weeks
The amounts of swap to ETH is much more than swapping from ETH in unniswap.
and it is interesting that the amounts of added ETH to uniswap pools is slightly more than removing ETH from pools
In shorter timeframe the volatility of removed ETH from uniswap pools is little more than the amounts of added ETH to uniswap pools.
In makerDAO it is clear that the amount of withdrawn ETH is more than the amounts of deposited ETH in recent week.
and users tend to remove their ETH from MakerDAO and keep them in their wallet in recent weeks.
We can see that the cumulativeie amounts of total deposited and withdrawn ETH in MakerDAO and the gradient of total removed ETH from makerDAO is accelerated in recent weeks.
and also the volatility of removed ETH from makerDAO is more than added ETH in recent weeks
In Aave it is obvious that the amounts of withdrawn ETH in recent weeks increased but the amounts of deposited ETH decreasd and people tend to keep their ETH in their wallets
we can see that total amounts of ETH in Aave (deposited-withdrawn) in recent weeks decreased a lot and at September 8 the amounts of ETH in Aave was in highest amounts but after that we can see a sharp decline in Aave ETH amounts.
and also the volatility of removed ETH from Aave per day is more than volatility of added ETH to Aave
It is interesting that the amounts of borrowed ETH from Aave decreased in recent weeks.
And maybe that’s because people are worried about the volatility of ETH price after merge!
It is clear that the amounts of supplied ETH in compound decreased in recent weeks but the amounts received ETH from Compound increased in recent weeks.and people tend to keep their ETH in their wallets.
In recent weeks (specially after September 6) total amounts of ETH in Compound sharply declined.
and also people deposit their other assets(such as USDC or USDT) and borrow cETH from Compound in recent week(specially after September 6)
The volatility of removed ETH from compound is more that the volatility of added ETH to Compound in recent weeks.
Conclusion:
1-In Sushiswap the amounts of removed ETH from pools is slightly more than added ETH to protocols in recent weeks. and also the amounts of swaps to ETH is more than the swaps from ETH in recent weeks.
2-In Uniswap we do not have a major trend in the amounts of added or removed ETH from the protocol.
3-In MakerDAO clearly the amounts of removed ETH from protocol is much more than the amounts of added ETH to the protocol in recent weeks. and the amounts of removed ETH accelerated in recent weeks.
4-Also in Aave the amounts of withdrawn ETH from protocol dramatically increased in recent weeks(specially after September 8) and these changes are obvious in above charts.
5-In Compound the amounts of ETH in protocol decreased in recent weeks(specially after September 6) and also it is interesting that people borrow cETH from the Compound in recent weeks more than any time else.
In the end It is obvios that in most protocols people tend to remove their ETH from the protocols and keep them in their wallets in recent weeks in the hope of receiving pow ETH airdrop.
and as we come closer to the merge the amounts of removed ETH from protocols are incresed.
Introduction:
The Merge represents the Ethereum network’s shift to proof-of-stake (PoS), its new system (also called a “consensus mechanism”) for authenticating crypto transactions. The new system will replace proof-of-work (PoW), the more power-hungry mechanism pioneered by Bitcoin.
Some Ethereum miners, reluctant to let go of the network’s old consensus mechanism, have announced plans to “fork,” or form a splinter network from Etheruem’s PoW chain. From what we can tell so far, these miners intend to just clone the main blockchain – balances and all – and continue operating their own PoW versions of Ethereum post-Merge.
If you hold ETH before the Merge, you may automatically receive a balance of tokens on these new PoW forks. The process of claiming these tokens will differ depending on the chain. If you hold ETH on a centralized exchange like Coinbase, the exchange will need to list forked tokens in order for you to claim your share (and it’s not at all clear if they will). [1]
This caused people withdraw their ETH from protocols to their wallets to receive pow ETH airdrop.
in this dashboard we examine this issue
Method:
In this dashboard I examined 5 protocols include:
Sushi
Uniswap
MakerDAO
Aave
Compound
in each section I examined these factors:
amounts of withdrawing ETH from protocols
amounts of depositing ETH to protocols
and volatility of depositing and withdrawing ETH
and some spesific factors for each platform.
For Sushi I showed these parameters:
1-Sushi removed ETH collaterals to wallets(borrowing)
2-Sushi withdraw ETH amounts to wallets(Lendings)
3-adding and removing ETH as collateral in Sushi for borrowing since 2022
4-Swap from ETH and swap to ETH amounts since 2022
\n For Uniswap I mentioned these factors:
1-Amouts of ETH removed from Uniswap pools
2-Amouts of ETH added to Uniswap pools
3-added and removed ETH in uniswap
4-Swap from ETH and swap to ETH amounts since 2022
5-added and removed ETH volatility in uniswap
For MakerDAO I showd these factors:
1-ETH withdrawn amounts in MakerDAO
2-ETH deposited amounts in MakerDAO
3-Deposited and withdrawn ETH in MakerDAO
4-added and removed ETH volatility in MakerDAO
\n For Aave I mentioned these parameters:
1-Amounts of deposited ETH to Aave
2-amounts of withdrawn ETH from Aave
3-deposited and withdrawn ETH in Aave
4-deposited and withdrawn ETH volatility per day
5-Amounts of Borrowed ETH in Aave
For Compound I showed these analysis:
1-Amounts of Supplied ETH in compound
2-amounts of received ETH from compound(redeemed ctokens and receive ETH)
3-Supplied and received ETH in compound
4-Amount of borrowing cETH
5-Supplied and received ETH volatility in Compound per day
[1] : [2] :
Defenitions:
What is Ethereum PoW fork?
A group of Ethereum miners has been demanding an ETH PoW fork after the Merge. With many discussions and plans in place, the community may witness a hard fork once the transition to the PoS is completed.
From a Twitter thread post on EthereumPoW’s account, the hard for will commence after 24 hours of the Merge. The post gave no specific time for the fork. But it stated that it would disclose that when it’s just one hour to the Merge.
Many crypto exchanges have declined to offer any support for forked tokens after the Merge. However, some platforms, such as Chainlink and OpenSea, indicated that their support is entirely for the Ethereum PoS. [2]