About:

What is the Flow blockchain?

Flow is a blockchain platform that originally was designed for gaming purposes, but has expanded since its launch in 2020. The flow blockchain enables fast, low-cost transactions and supports smart contracts. It powers blockchain applications including NBA Top Shot, a non-fungible token (NFT) offering.

how does flow blockchain work?

Flow's blockchain divides tasks that are typically performed by a single validator among several network participants. Consensus nodes: These nodes determine the presence and order of transactions on the flow blockchain. Execution nodes: They run the computations required to complete and verify flow transactions.

What is a DeFi in crypto?

Decentralized finance, or DeFi, uses emerging technology to remove third parties and centralized institutions from financial transactions. The components of DeFi are stablecoins, software, and hardware that enables the development of applications. The infrastructure for DeFi and its regulation are constantly evolving.

\n

Methodology:

In this dashboard, we intend to check the flow network in different parameters (price,swap,NFT,staking,bridge) and for this purpose we use the following tables:

• flow.core.fact_transactions

• flow.core.fact_prices

• flow.core.ez_dex_swaps

• flow.core.dim_contract_labels

• flow.core.ez_staking_actions

• flow.core.ez_nft_sales

• flow.core.ez_bridge_transactions

Overview:

in this dashboard we see:

• flow network users
• Flow fungible tokens price
• swap on flow DEX in total and monthly
• staking stats on flow network in total and monthly
• bridge stats on flow network baso on origins and destinations and inbound and outbound

Observation:

by Looking at the left side chart, which shows the number of uniqe daily users of the Flow network, we can conclude that the number of users of this network has increased over time, excluding the period of decline (from July to October 2022).

In the graph on the left, you can also see the daily price of Flo network tokens, and as you can see, the native token price of this network has fallen heavily.

Dex Swap:

Staking:

Observations:

As can be seen in the graphs above, the most popular swap pair is flow swap pair, which most users have used, and the largest volume of swap pairs belongs to fusd/usdt.

And if we want to analyze the behavior of users and check it with the daily price chart of tokens, we can see that when the price of tokens was at its peak in September 2021, users used flow swap pair for swaps, and then when we saw the price drop. The number of transactions as well as the volume of transactions related to fusdusdt swap pair has increased significantly

Observations:

But in the graphs of the staking section, it can be seen that over time, the number of transactions and the number of users who have staked their assets in the Flow network has always been growing.

But in terms of the volume of staking transactions, we can see that the volume of staking has decreased significantly.

NFTs:

Observations:

In the NFT sector, we can see that in the last few months there has been a decreasing trend in terms of the number of users and the volume of transactions, and we can also see that the most prosperous marketplace on the Ethereum network in terms of the transactions made in it is Topshot, of course. In the last few months, the NFT storefront marketplace has grown very well in this field.

Bridge:

Observations:

• In the asset bridging section in the Flow network, it can be seen that starting in 2022, the number of users who have removed their assets from the Flow network is more than those who have transferred their assets to the Flow network, and the volume of input to the network is in contrast to the number Its users have increased from the volume of its output.

• And as you can see, the destination and origin of most of these bridges was the Ethereum network.

Conclusion:

• The number of Flo network users is showing a growing trend again after a few months of decreasing trend.
• The number of users and the amount of staked assets in Flow network has always been on an upward trend.
• In the last few months, the amount of capital entering the Flow network has grown more than the amount of capital leaving the network.