OlympusDao Protocol Daily Active Users

    Chart daily distinct active users of the OlympusDao protocol. You will need to state your definition of an active user.

    Introduction

    What is OlympusDAO

    Staking OHM tokens works in a straightforward way. You either buy OHM on the market or bond your liquidity (see the following section) in exchange for OHM. Then you use the Olympus app to stake your OHM in return for rewards, in the form of more OHM, which the treasury derives from bonding sales.

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    Methodology

    • We will look at the total OHM and sOHM holders.

    • We will look at the number of users interactig with the OlympusDao.

    • We are looking to find the trend in OlympusDAO user activity.

    OlympusDao User Metrics

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    Conclusion

    • If you look at OHM users as people holding sOHM and OHM there was a huge spike in users in november and early december of 2021 and fell off really fast.

    • Since February 1st 2022 there has been a very low number of active OHM users in terms of trading or transfering the asset.