Transaction Failures
Establish the failed transaction rate for Osmosis over the last 4 months. Make a case for what is causing the failed transaction rate that you assess and provide recommendations to mitigate it.
Osmosis is ne of the most promisisng protocols that capted the attention of several users over the past weeks, basically promoted by the ddeppeging of UST stablecoin on Terra that put the project out of the market. THen, seems that some Terra users migrated to Osmosis. Let's look at how this affected to the Osmosis transactions.
In this case, I am gonna evaluate the failed transactions rate on Osmosis over the past 4 months as well as the distinct events that caused it.
In terms of rate failure rate, we can see how during the first days, there was any failed transaction and then, the rate was 0. However, in finals of February month, the rate increased a little and the first trasnactions failed appear. The failure rate remained constant until May 7th at around 0.03 rate. BUt then, the rate dramatically increased to 0.2 as a major peak in May 9th and now are starting to fall again. Maybe it is due to the new amount of users that cme from Terra or basically because of the UST depegging that cause something rare.
If we take a looka at what caused the failres we can see each event type of transaction failure rate. We can see how the major cause are the tx transactiosns followed by the transfers, coins spent and received as well as the message. All the other events had not failed transactoins.