Polygon Insights #4
Hola readers! In the past week, EIP1559 went live, the Polygon Advocates program was launched and applications are now open for evangelists to join the Scalability revolution.
Let’s dive in. ⚡️
Key takeaways:
📈 DAU (349k): As predicted last week, we saw significant trace back from the explosive growth Sunflower Farm’s influence lowered. Week over week, active users dropped 28.9%, but a more accurate number would be the two week move, which just saw a 3% drop.
📊 Tx/ Day (3.38mm): Transactions continue to be relatively flat, on.y decreasing 5.6% week over week. Average transactions per user is stabilizing between 9-10 transactions, showing a very active user base.
💸 Rev/ Day ($102k): Revenues had two negative catalysts. Token price decreased 15% week over week, and total transactions dipped. Still, Polygon saw its fifth highest mark all time, at $102k per day.
⛽️ Gas Fee saved by using Polygon: $148 Million daily ($44 per Txn)
Detailed analysis on prev. week is here.
Our continued endeavour to facilitate Gaming and empower gamers has been strengthened through a partnership with IndiGG.
> The Uniswap v3 Polygon liquidity pools had by far the highest liquidity utilisation rates and is more capital efficient.
Learn more here.
> Skyrocketing gas fees on decentralized networks like Ethereum has been a great hindrance to the mass adoption of money market protocols like AAVE. Polygon with its robust infrastructure, growing market reserves, increasing market depths and higher yields has been successful to a great extent in incubating the optimal conditions for such mass adoption.
Learn more here.
For in-depth weekly analysis threads, view our Analytics resources on GitHub. View all the latest announcements and updates about Polygon on our Blog post.
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