Introduction and methods

$THOR invests in DeFi protocols using the funds you invested in a node. They generate profits from those investments and then return a daily reward to you. Since this month of May, $THOR can be deposited and staked on Ethereum in order to receive $vTHOR and get passive incomes.

In this dashboard we are gonna see the daily and weekly staking rewards and the daily and weekly APR for $THOR stakers.

For the daily APY and staking rewards, we are gonna calculate:

• The total $THOR staked over time
• The daily THOR staked and the APY over time
• A comparison between the staking rewards and the APY

For the weekly APY and staking rewards we will calculate:

• The weekly staking rewards
• The weekly $THOR staking reward and the APY over time

Results

Analyzing the first results in a daily basis, we can see how the staking rewards increased during the first days of May from around 80k to more than 200k. However, it experimented a drop during the middle of May to 50k (when the UST depegging occurred) and now seems to be stayed at this point.

If we compare the numbers with the APY over time, the trends are similar. However, during the first days the APY was at a high levels than the staking rewards and the increase of May was not so pronounced. The drop during mid of May was prominent as well.

Finally, comparing both metrics we can see a clear positive correlation between both despite some spontaneous points. When the THOR revenues increase, the APY increased as well.

Taking a look at the weekly numbers, we can see how in this case, the staking rewards decreased week by week. As well, the APY looks similar and dropped as well. It is to say that for this analysis, the last week is not completed yet and then, it is normal that the numbers are lower than expected. We will need to wait some time to make another analysis with more data.

Conclusions

In this dashboard we have analyzed the $THOR staking rewards in parallel with the APR for $THOR stakers. THe main insights extracted are:

• Staking rewards increased druing the first 2 weeks but experimented a dropped in the mid of May following the bad signs for UST depegging.
• The staking rewards are positive correlated with the APR for $THOR stakers.
• Both metrics looks in a downtrend in a weekly basis. Further analysis should be done when more time has passed.