Open Analytics - 15. Osmosis

    Submit a deep dive dashboard that explores a specific topic in detail using Osmosis data. Open Analytics (OA) bounties are bounties without specific prompts, just a direction and a reward. It’s your chance to have your brain follow your heart — got a spark of interest, or a loose thread, or a weirdly-specific question gnawing at the back of your mind? Follow it as far as you can! How do you raise your dashboard score? Your chances of doing well are increased if your dashboard is more precise and of higher quality (organization, methodology, documentation, and readability). Here are a few general guidelines for Open Analytics challenges:

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    • The total and average number of votes and voters since the beginning of 2023 until February 17 are shown in the charts above.
    • The noticeable part of the above charts is the sudden increase in the number of new voters on January 30 and February 16, which can be seen using the daily and cumulative charts. These days also witnessed a great number of votes and voters compared to the rest of the days during this period.
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    • The share of voting and non-voting users fluctuates over time, but the visible part is that the voting users are dominant on the daily charts and make up more than 60% of total Osmosis users.
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    • Using the above charts we can find the number of proposals and average vote statistics per propsal.
    • As it was predictable, the most number of executed votes' choices was YES while the second most popular vote option was ABSTAIN.
    • The majority of executed proposals are Text. in Cosmos, UpdatePoolIncenvites has the second rank.
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    • Proposal #427 had the greatest number of votes (44.8K from 46.2K unique users), followed by #429 with 48.2K votes from 46K unique users.
    • Votes and voters in the 10K-to-50K range have the greatest share.

    Methodology

    We will use the following paramers:

    • overview of votes, voters, and proposals submitted and executed and Proposals Stats
    • the top proposals with the highest engagement ratio since the beginning of 2023 to Feburary 17th.
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    Introduction

    In this dashboard, We will try the investigate governance performance on Osmosis chain.


    Governance tokens

    Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens is to decentralize decision-making and to give holders a say in how the project is run.