Welcome to the weekly edition of LeoFinance stats report.
This is a weekly report covering September 7th, through September 13.
The last days/weeks have been exciting in the LeoFinance ecosystem, especially with the announcement of the wrapped LEO, (wLEO) and the incentives for the liquidity providers. Lets take a look at the LEO numbers.
The following topics will be covered:
Let’s take a look into token issuance and how it is distributed over time.
Below is a chart that represents the cumulative issued LEO tokens.
A total of 6.88 M issued LEO tokens.
Notice that the LEO token doesn’t have a large inflation compared to the base supply and is slowly increasing its supply. Note that burnings are not taken into consideration in this chart. That will be presented below.
Next is the issued LEO tokens from last week. Here is the chart:
On average there is 6.2k LEO issued daily in the last week.
Let’s see how these tokens were distributed.
Below is the chart of the top 10 LEO earners this week.
The LEO platform has a reward mechanism for HP delegators to the @leo.voter account. Users who delegate their HP to the @leo.voter receive daily payouts in the form of LEO tokens at a rate of ~16% APR.
Having more HP delegated to the @leo.voter account provides an incentive to users to use the platform and continually grow the ecosystem.
Below is a chart that represents the daily flow of staked and unstaked LEO tokens. A positive bar going up shows a day where more LEO was staked than unstaked.
July 2019 is excluded from the chart for better visibility. Those are the first days and there are a lot of tokens staked.
Let’s take a closer look at the past week:
This is a unique chart! In a year plus history of LEO, for the first time we have each day of the week, net negative than positive.
We already know that a lot of leo whales started unstaking with a purpose to provide liquidity on Uniswap. LEO unstaking period is 4 weeks, in 4 transactions each week. The above is the first week from the 4. We can expect similar numbers in the next few weeks.
Started Unstaking LEO
Here is the chart for LEO that has been put in power down.
As we can see on August 31 there is a massive 297k LEO put in power down.
Looks like the ones that intend to be LP have already put their unstakinng in the process, and we can see in the last days there is no such a big numbers of unstaking LEO.
Below is the chart of the top 10 users that staked LEO last week:
Most of the users above have already stated that they are going to move LEO to provide liquidity on Uniswap.
The sell wall of near 2 millions has been burned and we now have only the liquid and staked LEO.
Below is a chart of the ratio staked/unstaked tokens.
83.2% LEO staked!
Now we can see a clear drop in the share of LEO staked. Historicly LEO had around 90% staked tokens. Last week it was 88% and now 83%. A 5% drop. We all know the reason for this.
Out of the current supply 4.74M tokens, 3.94M are staked and 0,8 M are liquid.
Below is a chart with the number of unique users that posted from the LeoFinance frontend.
A total of 1189 unique users have posted from the LeoFinance frontend.
In the last period there is an increase in the number of new users.
Here is the chart for the monthly active users that posted from the leofinance.io interface.
After the jump in MAU in July, August has seen almost the same numbers.
Below is a chart of the LeoFinance activities with the numbers of posts from the LeoFinance interface and posts with the #leofinance tag.
As we can see the price increase has done it part and there is increase in the numbers of posts coming from leofinance.io.
Here is the chart showing only posts made from the leofinance.io interface.
On august 31st there is 101 posts made from the leofinance frontend. This is a record high number if we exclude the previous spike due to spam.
LeoFinance has introduced a 10% incentive for posting trough the native frontend. When users post from other frontends and just with the leofinance tag they have 10% less rewards.
It is interesting to look at the LEO token price, keeping in mind the crazy ride that HIVE had in the previous month.
Here is the price chart in dollar value with proper daily candles:
If not the short term pump that happened back in September 2019, this will be the ATH for LEO.
Here is the price of LEO in the last 30 days also in dollar value:
LEO was trading in the range between 3 and 4 cents and in the last weeks it has exploded reaching 18 cents at time, reaching parity with the price of HIVE!
Report by @dalz
Posted Using LeoFinance