Try Quests to earn cryptoAAVE and stAAVE movements
Create visualizations showing the following: Daily AAVE supplied and withdrawn on Aave protocol. Daily AAVE staked and unstaked.
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AAVE
Aave is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.
Aave Protocol has been audited and secured. The protocol is completely open source, which allows anyone to interact with a user interface client, API or directly with the smart contracts on the Ethereum network. Being open source means that you are able to build any third-party service or application to interact with the protocol and enrich your product.
Aave (AAVE) token
AAVE is used as the centre of gravity of Aave Protocol governance. AAVE is used to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Apart from this, AAVE can be staked within the protocol Safety Module to provide security/insurance to the protocol/depositors. Stakers earn staking rewards and fees from the protocol.
We can compare daily staked and unstaked amounts of AAVE over the past month by getting a dip on the following chart. Detailed information is brought under the chart, where you can find the maximum, average, and total amount of staked and unstaked AAVE over the past month.
From the below information we can get useful ideas about staking and unstaking AAVE on
- The total staked and unstaked amount
- The average staked and unstaked amount
- The maximum staked and unstaked amount
The following chart shows almost the same result as the previous chart, but because it shows the comparison of the USD staked and unstaked amount, it is still worth mentioning.
From the below information we can get useful ideas about staking and unstaking AAVE on
- The total staked and unstaked USD amount
- The average staked and unstaked USD amount
- The maximum staked and unstaked USD amount
We can compare daily supplied and withdrawn amounts of AAVE on Aave protocol over the past month by getting a dip on the following chart. Detailed information is brought under the chart, where you can find the maximum, average, and total amount of supplied and withdrawn AAVE over the past month.
From the below information we can get useful ideas about supplying and withdrawing AAVE on
- The total supplied and withdrawn amount
- The average supplied and withdrawn amount
- The maximum supplied and withdrawn amount
The below chart shows the daily USD amount of supplied and withdrawn AAVE on Aave protocol over the past month, which can be used to get vulnerable information in the case of USD amount, which shows the maximum withdrawn amount that happened previously in August 4 with 6.23M.
And finally we can find detailed information about the supplied and withdrawn of AAVE on Aave protocol about
- The total supplied and withdrawn USD amount
- The average supplied and withdrawn USD amount
- The maximum supplied and withdrawn USD amount
Observations
Over the past month:
The total staked amount of AAVE was about 213K, which was approximately 18.6M dollars.
The total unstaked amount of AAVE was about 80.8K, which was approximately 6.94M dollars.
The total supplied amount of AAVE on Aave protocol was about 94.1K, which was approximately 8.06M dollars.
The total withdrawn amount of AAVE on Aave protocol was about 179K, which was approximately 16.27M dollars.
In the case of staking and unstaking over the past month, we can quickly notice that the overall staking amount is much more than unstaking amount, which is a good sign but in the case of AAVE supplied and withdrawn on Aave protocol, it is reverse that the withdrawing has the lead.