Marinade's Non-fungible Chefs

Q55. Create a bar chart illustrating the pace of minting activity since the launch on April 4, 2022. Create a pie chart showing the distribution of Chef NFTs by Level (as outlined above). How many whales (L5) are out there, ready to participate in governance?

Overview

The following items are checked in this dashboard:

the pace of minting NFTs in the Marinade.
The amount of MNDE token transferred to receive NFT.
Minters classification based on the amount of MNDE transferred and the distribution of chefs based on their level.
Number of fifth-level chefs who can participate in governance.

The pace of minting NFTs

Since the Marinade Governance system was officially launched on April 4, The bar chart below shows the number of minted NFTs. On this day, 889 NFTs were minted, the highest number in the period. After April 4, the number of Minted NFTs decreased, and 1382 NFTs have been minted since launch.

The amount of minted NFTs

The chart below shows the amount of MNDE transferred to receive NFTs since the governance launch. There were two spikes during this period. The first one was on April 4th at the launch time, and 8 million MNDEs were transferred. But the second spike occurred on April 9th, with 8.3 million MNDEs transferred. On that day, the volume of MNDEs transferred was so high, and it could be concluded that the Whales had minted the level five NFTs.

Chef categories

In this dashboard, any address minted more than 1000 MNDE is called the chef and divided into five categories as below:

Chef Level one: Transferred between 1,000 and 4,999 MNDE

Chef Level two: Transferred between 5,000 and 24,999 MNDE

Chef Level three: Transferred between 25,000 and 99,999 MNDE

Chef Level four: Transferred between 100,000 to 24,999 MNDE

Chef Level five: Transferred +250,000 MNDE

According to the chart below, there are 378 level one chefs, 129 level two chefs, 36 level three chefs, 8 level four chefs, and 18 level five chefs; and According to the following donut chart, their distribution is 66.4, 22.7, 6.3, 1.4 and 3.1 percent, respectively. So the level five whales that can participate in the governance are equal to 18 addresses, constituting 3.1% of the total chefs.

Conclusion

In conclusion, we can say that:

April 4 coincided with the official launch of the Marinade Governance and the highest number of NFTs Minted.
On April 9, with less NFT minted, more MNDE volume was transferred, which means level five whales minted more NFTs on this day.
Level one chefs with 378 addresses had the highest number compared to other chefs.
There were 18 level five chefs who could participate in the governance.