Hey there!!
Welcome to the first LI.FI Community Data Analytics Contest!🥇
We're embarking on a journey to explore the user base of LI.FI across Seven chains ;Arbitrium, Avalanche, Base, BSc, Ethereum, Polygon and Optimism. Our goal is to uncover valuable insights into how users interact with the platform, understanding their behaviors, preferences, and engagement patterns.
ANALYSIS OBJECTIVE
Our focus is to provide a comprehensive view of LI.FI's user base and their activities. We aim to:
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Detail user profiles and behaviors on LI.FI.
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Understand how users utilize the platform, including transaction frequencies, values, and volume.
Identify user engagement patterns, including first-time vs. returning users and activity trends over time.
KEY FINDINGS
- Users Segmentation:
- Low Activity Users: Fewer transactions or lower transaction volumes.
- Medium Activity Users: Moderate engagement levels.
- High Activity Users: Highly engaged users with significant transaction volumes.
- Behavioral Patterns:
- Transaction Frequency: Analyzing user engagement frequency.
- Average Transaction Value: Understanding transaction amounts across user segments.
- Total Transaction Volume: Highlighting the economic impact of different user groups.
- User Engagement:
- First-Time vs. Returning Users: Comparing activity levels to understand user retention.
- Activity Over Time: Tracking user activity trends to identify usage patterns.
CONCLUSION
This analysis offers a detailed insight into LI.FI's diverse user base, providing valuable insights to guide targeted improvements and strategic decisions. Understanding user profiles and behaviors will help enhance the user experience and foster growth on the LI.FI platform.
We're excited to see how these insights can make LI.FI even better! Thank you for joining us on this journey.
NOTE:
Use the date parameter a new and returning users