• Show us total mints and burns by day across all pools.
• What are the most popular pools wallets are minting LP for?
• Do we see an increase in mints in the ALGO/GOMint, ALGO/GoBTC, and ALGO/GoETH pools from the AlgoMint incentive?
• Folks Finance is offering incentive in the ALGO/GoETH starting on April 8th, do we see an increase in mints in this pool from the incentive?
• Are there any notable days of for an increase of mints? What pool is causing that increase if there is and is there an event tied to the increase?

Tips

To look at all pool events, we need the app_ids for the pools. We can get these app_ids from when the LP tokens are initially created. We then will look at all application_call_transactions that contain one of these app_ids

And -To decode filter with:

TRY_BASE64_DECODE_STRING(tx_message :txn :apaa [0] :: STRING) = ‘ADDLIQ’

OR

TRY_BASE64_DECODE_STRING(tx_message :txn :apaa [0] :: STRING) = ‘REMLIQ’

Remove liquidity example txn:

Add liquidity example:

To look at examples of add and removing liquidity:

Minting and Burning Activity

Key Takeaways:

• Burning and minting activity has increased over time with a similar pattern
• It doesn't jump out at you visually from these charts, but if you hover your mouse over, you can see that overall, there have been (as of 4/29) 5865 mints compared to 1460 burns.

Observing and Analyzing the activity in the main pools

The main pools to consider are those with ALGO on one side and either goETH, goBTC, goMINT or goUSDC on the other. This can be seen on the pact.fi website here. By sorting the query results which generated the graph above, we see that the top four application IDs indeed match up with

• goMINT
• goUSDC
• goETH
• goBTC

We will do a similar chart to the one above but filtering by those top four pools.

Summary

While it is really early in the life of the Pactfi DEX, it does appear that there was an increase in activity in these pools since April 8th and additional incentives announced by Algomint. This is hardly conclusive but there is a noticeable apike and the daily volume on each subsequent day is higher than the previous all time high so the evidence is strong. We see a general increase over time in minting and more adding of liquidity than removing of liquidity. Initial indicators look good!