Introduction

Welcome to the Terra ecosystem dashboard! This dashboard aims to provide an overview of significant trends and changes in the Terra ecosystem over the holiday season. Some key metrics included are:

• Transactions: The total and average number of transactions per week, as well as the fees associated with them.

• Wallets: The total and average number of new wallets created each week.

• Supply: The total supply of Terra coins in circulation and any significant changes in the supply over time.

• Staking: The total and average amount of LUNA staked, as well as any changes in staking activity.

• Development: The total and average number of contracts deployed and any updates on the development of the Terra ecosystem.

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We hope this dashboard helps you stay informed and up-to-date on the latest trends and developments in the Terra ecosystem.

Methodology

To create a dashboard documenting significant trends in the Terra ecosystem, we will follow the following methodology:

1. Visualize the data using appropriate charts and graphs to highlight trends and patterns over time.
2. Identify any significant changes in the metrics, such as an increase in the average number of transactions per week or a decrease in the total number of new wallets created.
3. Analyze the data to understand the reasons behind any changes in the metrics and to identify any correlations or causal relationships between different variables.
4. Use the insights gained from the analysis to inform the development of hypotheses and research questions that can be tested using more in-depth methods such as interviews, surveys, or experiments.
5. Continuously update the dashboard with new data to track ongoing trends and changes in the Terra ecosystem.

Sections

1. Terra 2 User Activity
2. New Terra 2 Users
3. Terra 2 Deligation Activity
4. Terrs NFT Sales Activity

Terra 2 User Activity

Analysis

The number of transactions may be increasing due to a rise in the popularity or usage of certain decentralized applications (dApps) on the Terra platform. This could be driving more activity on the network, even as the number of active users decreases. The decrease in the daily number of new users could be due to a variety of factors. It could be that fewer people are learning about Terra and joining the platform, or it could be that the platform is experiencing churn (i.e. people are leaving at a higher rate than they are joining. It's also possible that the number of active users is decreasing due to a decrease in the overall usage of the Terra platform. This could be due to a variety of factors, such as a decline in the popularity of certain dApps, or a shift in user behavior away from the platform.

New Terra 2 Users

Terra 2 Deligation Activity

Analysis

The analysis of the graph that shows the Delegation activity has dropped off on November 2022 and has not gone back to what it was before is that the number of delegation events on Terra has decreased significantly since November 2022. This is likely due to a combination of factors, including the overall market sentiment and the decreasing demand for Terra's services. Additionally, the highest volume delegation events on Terra are Redeligation events, suggesting that the decrease in delegation events is likely due to a decrease in the number of redeligations taking place. This could be caused by a number of factors, such as reduced investor confidence in Terra's services or a decrease in the number of users participating in the network. It is also possible that the decrease in delegation activity is due to a shift in the types of delegation events taking place on the network, with more investors opting to use less volatile options such as Staking or Liquidity Mining.

Terrs NFT Sales Activity

Analysis

The analysis of the data suggests that Terra 2 has seen strong demand for Non-Fungible Tokens (NFTs). Over the past few months, the platform has seen a total of 3,520 NFT sales, resulting in a total sales volume of 147.9K LUNA. The average price of these NFTs is 34.9 LUNA, and this average has been increasing over time. This increase in average price indicates that the demand for NFTs on Terra 2 is growing. Furthermore, the high sales volume is a testament to the popularity of the platform, and the trust users have in it. It is likely that this trend will continue in the coming months as more people become aware of the platform and its offerings. The increasing average price suggests that NFTs on Terra 2 are becoming increasingly valuable, resulting in higher sales volume and more money being invested into the platform.

Conclusion

Overall, the Terra ecosystem has seen a variety of changes over the holiday season, ranging from an increase in the number of transactions and new wallets to a decrease in delegation activity and an increase in the demand for NFTs. This dashboard has provided an overview of the significant trends and changes in the Terra ecosystem, allowing users to stay informed and up-to-date on the latest developments