Terra Altcoin Behavior

    In this dashboard, we'll look at the Apollo DAO, the yield optimiser on Terra

    In this analysis, we will look at how many 'transfers' and 'send' transactions have been made in the past 90 days, the amount transacted and the number of new users who have joined it over time. For those, who wish to know about Apollo, it is an yield optimiser and has got investors like Do Kwon and Pantera Capital backing it. Here's the link to the app and the link to it's articles

    Firstly, let's view the daily sends and transfers made in the past 90 days:

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    As with every protocol most users and most amount of transactions take place in the first day itself and on some days following it. Next, let's view the number of unique senders interacting with APOLLO daily:

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    Notably, there are still considerable interactions made with the protocol on a daily basis implying users still love to interact and get better juicy yields. Next, let's view the number of unique users joining in APOLLO (using APOLLO for the first time) in the past 90 days:

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    Clearly, there is a lot of adoption going on in APOLLO and a lot of users are joining in over time.

    Conclusions:

    1. As is the case with almost all protocols a number of users rush in to adopt the protocol initially and so was the case with APOLLO as well. 2)There is still a considerable number of new users joining in on a daily basis in APOLLO

    2. The amount of transactions done on APOLLO is also pretty high despite almost 90 days of it's launch as it generally fades away with other protocols.

    3. The unique users interacting with the p