Pact.fi LP Actions
A little bit intro about Pact.fi. Pact.fi is a dex that run on algorand network. and recently some of their partner like folk finance, algomint that giving pact.fi user reward when they are adding liquidity into some pools. folk finacne for Algo/gAlgo3, algomint for algo/gomint, algo/goeth and algo/gobtc. and there is aeneas reweard from algofi foundation for some pools also.
First, let's see the daily adding and removing liquidity transactions on pact.fi from all pools.
Start from 2-Apr there is more adding and removing liquidity action on pact.fi it is jump so high that usually on 50-100 adding liquidiy transactions in a day. now it hit almost 450 adding liquidity transactions on pact.fi
Algo/goMint, Algo/USDC and Algo/goETH is the top 3 pools from pact.fi by total adding liquidity transactions. is there any correlation from the incentive that given from their partner (folk finacne and algomint) ? let's break it down.
As you can see from above chart, the adding liquidity transactions from these pools are higher than usual recently. it is because of the double reward that you can get from algomint and aeneas liquidity program from algorand foundation.
For algo/gAlgo3 even though there is some incentives that given from folk finance, but it seems like adding liquidity transactions for this pool is less interest from pact.fi users.
All of the pools above are giving reward if you add liquidity on it. it is coming from the aeneas liquidity program from algorand foundation. and it seems it is work best, because of the adding liquidity transactions from these pools are increased recently.