Increasing Positions

    Compare users terminating vs increasing positions over the last 30 days. By how much are they increasing positions? How much are they receiving back after terminating?

    Introduction

    What are layer 2 blokchains

    Layer-2 refers to a network or technology that operates on top of an underlying blockchain protocol to improve its scalability and efficiency.

    What is Mean Finance

    Mean Finance is the state-of-the-art DCA protocol. It enables you to set up actions like “Swap 10 USDC for WBTC every day, for 30 days”. You can create these actions between almost all ERC20 tokens, in the frequency of your choosing. These token swaps will then occur regardless of the asset's price and at regular intervals, reducing the impact of volatility on your investment.

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    Methodology

    We will look at the Number of terminate and increase position actions of both polygon and Optimism. We are looking to see how active Mean Finance position holders are in changing their positions.

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    Observations

    There have been between 0 and 11 users changing their Mean Finance positions on polygon each day. Most days have had 2 or less users change their positions on polygon. of the position changes 2/3rds of them are terminating the position and only 1/3rd are increasing it.

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    Observations

    There have been between 0 and 10 users changing their Mean Finance positions on Optimism each day. Most days have had 2 or less users change their positions on Optimism. of the position changes 2/3rds of them are terminating the position and only 1/3rd are increasing it.

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    Conclusion

    for both Polygon and Optimism There have been between 0 and 11 users changing their Mean Finance positions on Optimism each day. Most days have had 2 or less users change their positions on Optimism. of the position changes 2/3rds of them are terminating the position and only 1/3rd are increasing it. Recently it seems like there is more position changing on Optimism than Polygon.