Flash Bounty: Merge Staking Providers

    Choose 1 liquid staking provider (Ankr / Lido / rocketpool, etc) and answer the following question:

    Questions


    Choose 1 liquid staking provider (Ankr / Lido / rocketpool, etc) and answer the following question:

    • How much ETH was staked?
    • How many unique depositors are there?
    • What is the avg/median/max/min/distribution of ETH deposits?

    \n In this work, we choose to study on Rocketpool platform

    Approach


    We use data from table ethereum.core.ez_eth_transfers where we set eth_to_address =

    0x4d05e3d48a938db4b7a9a59a802d5b45011bde58, it means we send ETH to this address (Rocketpool Vault address)

    Then, we query data and analyze to answer the question as will be presented

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    Conclusion


    To answer the stated question

    • 259k ETH was staked, which is equal to 0.779B USD.

    • There are 8.93k unique depositors

    • Max ETH staked is 1990 ETH

    • Average ETH staked is 15.29 ETH

    • Median ETH staked is 7 ETH

    • Min ETH staked is 0.0001348467195 ETH

    ETH staked in ETH distribution range

    • <0.1 ETH range: 187 ETH

    • 0.1-1 ETH range: 1322 ETH

    • 1-10 ETH range: 9680 ETH

    • 10-100 ETH range: 168k ETH

    • 100-1000 ETH range: 70k USD

    • more than 1000 ETH range: 9442 USD

    • Deposition of less than 30 ETH contribute half of ETH deposition, and 30-1990 ETH contribute the other half, it seems like the platform is not much influenced by Whales

    • ETH deposited is high in December 2021 and March 2022, around 50k-60k ETH. On others months are around 20k ETH

    • Aug 2022 has relatively high number of depositors, 4 times higher than average, however, amount of ETH deposited does not follow

    Overall Information


    • 259k ETH was staked, which is equal to 0.779B USD.

    • There are 8.93k unique depositors

    • Max ETH staked is 1990 ETH

    • Max USD staked is 8.31M USD

    • Average ETH staked is 15.29 ETH

    • Average USD staked is 45.9k USD

    • Median ETH staked is 7 ETH

    • Median USD staked is 18.8k USD

    • Min ETH staked is 0.0001348467195 ETH

    • Min USD staked is 0.45 USD

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    Distribution of ETH deposits


    Distribution of ETH deposits is shown below, including Number of Users, Total ETH staked, Tx count, Total USD staked

    ETH staked

    <0.1 ETH range: 187 ETH

    0.1-1 ETH range: 1322 ETH

    1-10 ETH range: 9680 ETH

    10-100 ETH range: 168k ETH

    100-1000 ETH range: 70k USD

    more than 1000 ETH range: 9442 USD

    • Most number of users deposit in range of 0.1-1 ETH
    • while most of Tx count is in range of 10-100 ETH
    • This makes Total ETH staked in range of 10-100 ETH has highest fraction, 168k ETH
    • which is equal to 507M USD

    From cumulative Tx count and ETH staked graphs

    • We can see very steep slope (many deposition) in Tx count graph at ETH deposition equal to 0.1, 16 and 32 ETH
    • Deposition of less than 10 ETH accounts about half of Tx count, but contributes only about 4% of all ETH deposited
    • Deposition of less than 30 ETH contribute half of ETH deposition (and more than 30 ETH contribute the other half). If this value is high, it means the platform is more likely to be influenced by Whales.
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    ETH staked and depositors in daily and monthly basis


    ETH staked

    • In average, daily ETH deposited is around 500 ETH, but there are some peaks to 8k and 10k ETH per day, which occurred on 7 Dec 2021, 10-11 March 2021, and 29 Jun 2022.
    • On monthly basis, ETH deposited is high in December 2021 and March 2022, around 50k-60k ETH. On others months are around 20k ETH.

    Depositors

    • On monthly basis, number of depositors is around 1000, but in last month, Aug 2022, there are over 4000 depositors
    • However, with relatively high number of depositors, but amount of ETH staked does not follow
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