Profile of jason_if

Profile of jason_if in Optimism

Posts by jason_if

OP Incentive Program Impact Analysis for Hop Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 4:30 a.m.
Content: Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program’s effectiveness and impact on the Hop Protocol. The aim of this analysis is to evaluate the changes in various metrics and trends after the initiation of the OP reward program. The analysis focuses on areas such as bridge and user counts, retention metrics, volume bridging to Optimism, and sustainability of the grant. Metrics Analysis: Bridge and User Counts: The OP reward program has led to a notable increase in both bridge and user counts across various chains. The proportion of bridging to Optimism surged to 56 % during the week when OP rewards became claimable. Bridge and user counts witnessed a more sustainable trend after the initiation of OP rewards. 1600 × 591 78 . 9 KB Retention Metrics: Positive retention trends were observed across most chains, particularly on Eth and Polygon. A spike in new users was noted during October 2022 , coinciding with the availability of claimable OP rewards. Daily new user counts exceeded retained user counts, indicating healthy user acquisition. Average Bridge Volume: The average bridge volume experienced a reduction following the launch of the OP reward program. The decrease in volume can be attributed to a higher number of users bridging smaller amounts. Optimism Quest - Hop protocol The Operation Quest on Hop commenced in mid-October, with a relatively low number of participants compared to the weekly active Hop users. Upon comparing the weekly non-quest users and quest participants, it’s evident that the majority of questers were already using Hop prior to March 2022 , suggesting that the quest did not significantly impact Hop adoption. Sustainability of the Grant: The analysis revealed that approximately 10 % of the granted 1 million OP tokens have been claimed within a year. Based on this pace, the OP grant is projected to sustain for 3 - 4 years, showcasing a prudent distribution strategy. Conclusion: In conclusion, the OP incentive program has significantly impacted the Hop Protocol in a positive manner. It has led to a substantial increase in bridge and user counts, with Optimism becoming an attractive destination for bridging. Retention metrics exhibited promising trends, contributing to healthy user growth. While the average bridge volume decreased, sustained OP token claims suggest a grant sustainability of 3 - 4 years. Overall, the OP incentive program has been a successful strategy in boosting the growth and adoption of the Hop Protocol within the broader ecosystem. Recommendation: Rebalance rewards to prioritize the @GnosisChain. Consider increasing fee discounts to 90 % due to the sustainable nature of the grant. Full Dashboard: https://dune.com/impossiblefinance/op-rewards-hop-protocol-deep-dive-analysis 3 FUL DETAILS DOCS docs.google.com OP Incentive Program Impact Analysis for Hop Protocol 7 OP Incentive Program Impact Analysis for Hop Protocol Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program's effectiveness and impact on the Hop Protocol. The aim of this analysis is to...
Likes: 4 Replies: 0
Likers: chuxin_h, raho, tnorm, tetranome

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Analysis of OP Rewards Changes Impact on Lyra Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 4:26 a.m.
Content: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these rewards on user behavior, trading volume, and overall platform engagement. Key Findings and Insights: Trading Rewards Effect: A noticeable spike in new trader count occurred during mid-April and May 2023 . The introduction of trading rewards on both Optimism and Arbitrum attracted new traders to Lyra. However, the surge in trader count proved to be short-lived and the trend was not sustained over time. The trading rewards seemed to have brought initial attention, but the effect was not consistently enduring. 1600 × 372 60 . 1 KB Average Weekly Volume: The average weekly volume remained relatively consistent after the implementation of trading rewards. While the rewards brought attention and initial engagement, they did not lead to a sustained increase in trading volume over time. Distribution by Chain: Optimism regained market share from Arbitrum in terms of trading volume distribution. Incentives appeared to be more attractive on Optimism, leading to higher trading rewards claimed on this chain. Impact of OP Quests: The introduction of OP quests for Lyra did not have a significant impact on the platform’s overall trend. Majority of trading volume continued to be driven by non-quester users, as observed from the chart analysis. The quests did not seem to result in a substantial increase in user engagement or trading activity. Trading Reward Success: The trading rewards seemed to have positive initial effects on retention metrics. A significant portion of traders participating in the rewards program started claiming rewards in mid-April. This indicates that the rewards program attracted traders and potentially improved platform retention. Conclusion: The analysis of the impact of OP rewards changes on Lyra protocol suggests that while the introduction of trading rewards did attract new traders and positively influence initial retention, the sustained effects on trading volume and user behavior were limited. Optimism’s rewards seemed to have a more lasting impact compared to Arbitrum, possibly due to the different value propositions of their respective tokens. Additionally, the effect of OP quests on user engagement and trading volume appeared to be marginal, with the majority of trading activity driven by non-quester users. The platform’s overall trend and average weekly volume did not show significant shifts following the rewards changes. While the rewards program brought some positive outcomes, it did not fundamentally alter the platform’s trajectory. Please note that these observations are based on the data available up to this point and may be subject to change as market dynamics evolve. Further analysis and monitoring are essential to gain a comprehensive understanding of the long-term effects of these rewards changes on the Lyra protocol. While the introduction of trading rewards on Lyra garnered initial attention, sustained engagement remains a challenge with limited active trading users. To address this, Lyra can consider the following strategies: Targeted Marketing Campaigns: Launch focused marketing campaigns to raise awareness about the trading rewards program. Emphasize the program’s advantages and unique features to attract users. Dynamic Reward Structures: Implement adaptable reward structures that respond to market conditions. During periods of heightened volatility or reduced liquidity, consider boosting rewards to encourage more active trading and liquidity provision. By combining targeted marketing efforts and flexible reward mechanisms, Lyra can foster higher engagement levels and maintain a dynamic trading ecosystem. DUNE https://dune.com/ahkek/op-rewards-lyra-protocol-deep-dive-analysis 3 FUL DETAILS Docs docs.google.com Title: Analysis of OP Rewards Changes Impact on Lyra Protocol 5 Title: Analysis of OP Rewards Changes Impact on Lyra Protocol Introduction: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these...
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Likers: chuxin_h

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OP Incentive Program Impact Analysis for Hop Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 12:30 a.m.
Content: Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program’s effectiveness and impact on the Hop Protocol. The aim of this analysis is to evaluate the changes in various metrics and trends after the initiation of the OP reward program. The analysis focuses on areas such as bridge and user counts, retention metrics, volume bridging to Optimism, and sustainability of the grant. Metrics Analysis: Bridge and User Counts: The OP reward program has led to a notable increase in both bridge and user counts across various chains. The proportion of bridging to Optimism surged to 56 % during the week when OP rewards became claimable. Bridge and user counts witnessed a more sustainable trend after the initiation of OP rewards. 1600 × 591 78 . 9 KB Retention Metrics: Positive retention trends were observed across most chains, particularly on Eth and Polygon. A spike in new users was noted during October 2022 , coinciding with the availability of claimable OP rewards. Daily new user counts exceeded retained user counts, indicating healthy user acquisition. Average Bridge Volume: The average bridge volume experienced a reduction following the launch of the OP reward program. The decrease in volume can be attributed to a higher number of users bridging smaller amounts. Optimism Quest - Hop protocol The Operation Quest on Hop commenced in mid-October, with a relatively low number of participants compared to the weekly active Hop users. Upon comparing the weekly non-quest users and quest participants, it’s evident that the majority of questers were already using Hop prior to March 2022 , suggesting that the quest did not significantly impact Hop adoption. Sustainability of the Grant: The analysis revealed that approximately 10 % of the granted 1 million OP tokens have been claimed within a year. Based on this pace, the OP grant is projected to sustain for 3 - 4 years, showcasing a prudent distribution strategy. Conclusion: In conclusion, the OP incentive program has significantly impacted the Hop Protocol in a positive manner. It has led to a substantial increase in bridge and user counts, with Optimism becoming an attractive destination for bridging. Retention metrics exhibited promising trends, contributing to healthy user growth. While the average bridge volume decreased, sustained OP token claims suggest a grant sustainability of 3 - 4 years. Overall, the OP incentive program has been a successful strategy in boosting the growth and adoption of the Hop Protocol within the broader ecosystem. Recommendation: Rebalance rewards to prioritize the @GnosisChain. Consider increasing fee discounts to 90 % due to the sustainable nature of the grant. Full Dashboard: https://dune.com/impossiblefinance/op-rewards-hop-protocol-deep-dive-analysis 3 FUL DETAILS DOCS docs.google.com OP Incentive Program Impact Analysis for Hop Protocol 7 OP Incentive Program Impact Analysis for Hop Protocol Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program's effectiveness and impact on the Hop Protocol. The aim of this analysis is to...
Likes: 4 Replies: 0
Likers: chuxin_h, raho, tnorm, Tetranome

No replies yet.
OP Incentive Program Impact Analysis for Hop Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 12:30 a.m.
Content: Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program’s effectiveness and impact on the Hop Protocol. The aim of this analysis is to evaluate the changes in various metrics and trends after the initiation of the OP reward program. The analysis focuses on areas such as bridge and user counts, retention metrics, volume bridging to Optimism, and sustainability of the grant. Metrics Analysis: Bridge and User Counts: The OP reward program has led to a notable increase in both bridge and user counts across various chains. The proportion of bridging to Optimism surged to 56 % during the week when OP rewards became claimable. Bridge and user counts witnessed a more sustainable trend after the initiation of OP rewards. 1600 × 591 78 . 9 KB Retention Metrics: Positive retention trends were observed across most chains, particularly on Eth and Polygon. A spike in new users was noted during October 2022 , coinciding with the availability of claimable OP rewards. Daily new user counts exceeded retained user counts, indicating healthy user acquisition. Average Bridge Volume: The average bridge volume experienced a reduction following the launch of the OP reward program. The decrease in volume can be attributed to a higher number of users bridging smaller amounts. Optimism Quest - Hop protocol The Operation Quest on Hop commenced in mid-October, with a relatively low number of participants compared to the weekly active Hop users. Upon comparing the weekly non-quest users and quest participants, it’s evident that the majority of questers were already using Hop prior to March 2022 , suggesting that the quest did not significantly impact Hop adoption. Sustainability of the Grant: The analysis revealed that approximately 10 % of the granted 1 million OP tokens have been claimed within a year. Based on this pace, the OP grant is projected to sustain for 3 - 4 years, showcasing a prudent distribution strategy. Conclusion: In conclusion, the OP incentive program has significantly impacted the Hop Protocol in a positive manner. It has led to a substantial increase in bridge and user counts, with Optimism becoming an attractive destination for bridging. Retention metrics exhibited promising trends, contributing to healthy user growth. While the average bridge volume decreased, sustained OP token claims suggest a grant sustainability of 3 - 4 years. Overall, the OP incentive program has been a successful strategy in boosting the growth and adoption of the Hop Protocol within the broader ecosystem. Recommendation: Rebalance rewards to prioritize the @GnosisChain. Consider increasing fee discounts to 90 % due to the sustainable nature of the grant. Full Dashboard: https://dune.com/impossiblefinance/op-rewards-hop-protocol-deep-dive-analysis FUL DETAILS DOCS docs.google.com OP Incentive Program Impact Analysis for Hop Protocol OP Incentive Program Impact Analysis for Hop Protocol Introduction: The following report presents an in-depth analysis of the OP (Optimism Pairs) incentive program's effectiveness and impact on the Hop Protocol. The aim of this analysis is to...
Likes: 4 Replies: 0
Likers: chuxin_h, raho, tnorm, Tetranome

No replies yet.
Analysis of OP Rewards Changes Impact on Lyra Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 12:26 a.m.
Content: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these rewards on user behavior, trading volume, and overall platform engagement. Key Findings and Insights: Trading Rewards Effect: A noticeable spike in new trader count occurred during mid-April and May 2023 . The introduction of trading rewards on both Optimism and Arbitrum attracted new traders to Lyra. However, the surge in trader count proved to be short-lived and the trend was not sustained over time. The trading rewards seemed to have brought initial attention, but the effect was not consistently enduring. 1600 × 372 60 . 1 KB Average Weekly Volume: The average weekly volume remained relatively consistent after the implementation of trading rewards. While the rewards brought attention and initial engagement, they did not lead to a sustained increase in trading volume over time. Distribution by Chain: Optimism regained market share from Arbitrum in terms of trading volume distribution. Incentives appeared to be more attractive on Optimism, leading to higher trading rewards claimed on this chain. Impact of OP Quests: The introduction of OP quests for Lyra did not have a significant impact on the platform’s overall trend. Majority of trading volume continued to be driven by non-quester users, as observed from the chart analysis. The quests did not seem to result in a substantial increase in user engagement or trading activity. Trading Reward Success: The trading rewards seemed to have positive initial effects on retention metrics. A significant portion of traders participating in the rewards program started claiming rewards in mid-April. This indicates that the rewards program attracted traders and potentially improved platform retention. Conclusion: The analysis of the impact of OP rewards changes on Lyra protocol suggests that while the introduction of trading rewards did attract new traders and positively influence initial retention, the sustained effects on trading volume and user behavior were limited. Optimism’s rewards seemed to have a more lasting impact compared to Arbitrum, possibly due to the different value propositions of their respective tokens. Additionally, the effect of OP quests on user engagement and trading volume appeared to be marginal, with the majority of trading activity driven by non-quester users. The platform’s overall trend and average weekly volume did not show significant shifts following the rewards changes. While the rewards program brought some positive outcomes, it did not fundamentally alter the platform’s trajectory. Please note that these observations are based on the data available up to this point and may be subject to change as market dynamics evolve. Further analysis and monitoring are essential to gain a comprehensive understanding of the long-term effects of these rewards changes on the Lyra protocol. While the introduction of trading rewards on Lyra garnered initial attention, sustained engagement remains a challenge with limited active trading users. To address this, Lyra can consider the following strategies: Targeted Marketing Campaigns: Launch focused marketing campaigns to raise awareness about the trading rewards program. Emphasize the program’s advantages and unique features to attract users. Dynamic Reward Structures: Implement adaptable reward structures that respond to market conditions. During periods of heightened volatility or reduced liquidity, consider boosting rewards to encourage more active trading and liquidity provision. By combining targeted marketing efforts and flexible reward mechanisms, Lyra can foster higher engagement levels and maintain a dynamic trading ecosystem. DUNE https://dune.com/ahkek/op-rewards-lyra-protocol-deep-dive-analysis 4 FUL DETAILS Docs docs.google.com Title: Analysis of OP Rewards Changes Impact on Lyra Protocol 5 Title: Analysis of OP Rewards Changes Impact on Lyra Protocol Introduction: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these...
Likes: 1 Replies: 0
Likers: chuxin_h

No replies yet.
Analysis of OP Rewards Changes Impact on Lyra Protocol by jason_if - No Role
Posted on: Sept. 6, 2023, 12:26 a.m.
Content: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these rewards on user behavior, trading volume, and overall platform engagement. Key Findings and Insights: Trading Rewards Effect: A noticeable spike in new trader count occurred during mid-April and May 2023 . The introduction of trading rewards on both Optimism and Arbitrum attracted new traders to Lyra. However, the surge in trader count proved to be short-lived and the trend was not sustained over time. The trading rewards seemed to have brought initial attention, but the effect was not consistently enduring. 1600 × 372 60 . 1 KB Average Weekly Volume: The average weekly volume remained relatively consistent after the implementation of trading rewards. While the rewards brought attention and initial engagement, they did not lead to a sustained increase in trading volume over time. Distribution by Chain: Optimism regained market share from Arbitrum in terms of trading volume distribution. Incentives appeared to be more attractive on Optimism, leading to higher trading rewards claimed on this chain. Impact of OP Quests: The introduction of OP quests for Lyra did not have a significant impact on the platform’s overall trend. Majority of trading volume continued to be driven by non-quester users, as observed from the chart analysis. The quests did not seem to result in a substantial increase in user engagement or trading activity. Trading Reward Success: The trading rewards seemed to have positive initial effects on retention metrics. A significant portion of traders participating in the rewards program started claiming rewards in mid-April. This indicates that the rewards program attracted traders and potentially improved platform retention. Conclusion: The analysis of the impact of OP rewards changes on Lyra protocol suggests that while the introduction of trading rewards did attract new traders and positively influence initial retention, the sustained effects on trading volume and user behavior were limited. Optimism’s rewards seemed to have a more lasting impact compared to Arbitrum, possibly due to the different value propositions of their respective tokens. Additionally, the effect of OP quests on user engagement and trading volume appeared to be marginal, with the majority of trading activity driven by non-quester users. The platform’s overall trend and average weekly volume did not show significant shifts following the rewards changes. While the rewards program brought some positive outcomes, it did not fundamentally alter the platform’s trajectory. Please note that these observations are based on the data available up to this point and may be subject to change as market dynamics evolve. Further analysis and monitoring are essential to gain a comprehensive understanding of the long-term effects of these rewards changes on the Lyra protocol. While the introduction of trading rewards on Lyra garnered initial attention, sustained engagement remains a challenge with limited active trading users. To address this, Lyra can consider the following strategies: Targeted Marketing Campaigns: Launch focused marketing campaigns to raise awareness about the trading rewards program. Emphasize the program’s advantages and unique features to attract users. Dynamic Reward Structures: Implement adaptable reward structures that respond to market conditions. During periods of heightened volatility or reduced liquidity, consider boosting rewards to encourage more active trading and liquidity provision. By combining targeted marketing efforts and flexible reward mechanisms, Lyra can foster higher engagement levels and maintain a dynamic trading ecosystem. DUNE https://dune.com/ahkek/op-rewards-lyra-protocol-deep-dive-analysis FUL DETAILS Docs docs.google.com Title: Analysis of OP Rewards Changes Impact on Lyra Protocol Title: Analysis of OP Rewards Changes Impact on Lyra Protocol Introduction: In this analysis, we delve into the impact of the OP (Optimism) rewards changes on the Lyra protocol. We examine various metrics and trends to evaluate the effect of these...
Likes: 1 Replies: 0
Likers: chuxin_h

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