Good evening to everyone . I hope you all are doing good .
I have been planning to post about this from last week but I didn't get the time to gather the data and check if the data is correct or not .
Also I kept on checking the contract address of LeoBridge on BSCscan whereas I should have checked it on EtherScan . Anyway , right now I have the data and here it is :)
Amount of each crypto swapped
Note: The data is till June 15th ( including 15th )
USDC leads the chart with a whopping 98k .
Tether follows it and has considerable amount .
Amount of each crypto swapped ( converted to $ )
Well since USDC , DAI , Tether are Stable crypto - the $ value is taken as 1.
UNI $ value = 21.52 $
LINK $ value = 22.93 $
Number of swaps daily
Well erratic trend , some days we see no swaps and most of the days just 1-2 but we have had 3 days in which the number of swaps were over 5 .
But this doesn't give as much insight as amount of token swapped daily .
Number of unique users
Nothing much to explain here , it is pretty much self-explanatory .
Amount of tokens swapped daily
- 15th June is the day which saw highest amount swapped .
- Majority of the days it is just Tether and USDC .
Amount of tokens swapped daily ( converted to $ )
Percentage of crypto swapped
- USDC takes 83%
- Tether takes 15%
Remaining 3 crypto = < 2%
Summary
Well apart from all these , if we look at the whole picture -
Total amount of tokens swapped ( converted to $ ) = 118111.955 $
Average amount of swap = 2228.527 $
Note that UNI and LINK $ price is taken as of posting this .
That's it from me today , will be back tomorrow with another analytical post .
Regards,
MR.
Posted Using LeoFinance Beta
Wow... i really love the analysis. Thanks for sharing
Your post was promoted by @amr008
Thanks for the update, I appreciate these stats.
That is great from you today,thanks for the effort u take from gathering this information waiting to here from u for the next analytical post .
Thanks slot for the statistics analysis of activities happening here. I appreciate your works as is not easy to prepare.
Thank you for the steady update.
Honestly, you always boss my brain with this great things you're doing in this community. Thanks for sharing this analysis
Did you see the announcement about the Tribaldex gateway launching a Binance Smart Chain gateway. Is that a different version of the Bridge or does it do something different?
Posted Using LeoFinance Beta
It's different. From the Hive-Engine team, and it involves pegged tokens on HE. There are now, for example, SWAP.CUB or SWAP.BNB available.
Posted Using LeoFinance Beta
Yeah. I don't understand the difference. When it's described it sounds the same to me. 😂
!ENGAGE 10
Posted Using LeoFinance Beta
Well, it's a different mechanism (and a different team), but the end result for the user can be considered similar. It allows for tokens from other ecosystems (Ethereum, BSC) to be used on HE/TribalDex/LeoDex.
And this is the other difference: LeoBridge creates a bridge from one ecosystem to another (Ethereum --> BSC) via Hive, while the gateway on HE builds a gateway between the other ecosystems (Ethereum, BSC) and the Hive ecosystem (HE specifically).
Posted Using LeoFinance Beta
That's what it looks like to me. 😂
Thanks for trying to explain I still don't get the difference but that's fine. 😁
!ENGAGE 20
Posted Using LeoFinance Beta
ENGAGEtokens.ENGAGEtokens.It looks like there is quite a bit of people using it. Just wondering what is the median price of the amount swapped?
Posted Using LeoFinance Beta
Thanks for such an interesting insights on the LeoBridge.
Let's hope it continues to grow to helps us gather these juicy fees for $LEO and $CUB !
Posted Using LeoFinance Beta
To add to your post,
0.25% of 118111 = 295$ in collected fees. 20% buy and burn bLeo, 80% buy and burn Cub.
And that's the beginning, and without marketing. Most likely, the BSC - Polygon LeoBridge will have a much higher traffic because Ethereum fees are no longer involved.
Posted Using LeoFinance Beta
I should have mentioned that in the post . Thanks a lot for pointing out and adding it :)
Yeah everything right now seems solid .
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It is having a good volume, although it is not what was expected, it is somewhat motivating.
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Hey @fabian98 , I didn't get what you mean by this actually .
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Sorry, I got the wrong idea.
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Wasn't expecting stablecoins to be the main type of token to be used. Thanks for the info :)
!PIZZA
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