100 DAYS RECAP

Asymetrix Protocol
3 min readJul 29, 2023

--

The first 100 days have passed since the deployment of Asymtrix onto the Ethereum mainnet. We would like to briefly summarize this period with some metrics.

USERS

During this time, 497 unique users have deposited their stETH into Asymetrix.

DRAWS

Fourteen weekly draws were held. In total, 87.95 stETH earned by the Asymetrix pool as staking rewards were distributed among 28 unique users during this period.

Top 10 accounts that have earned the most from weekly DRAWS within the past 100 days.

ASX DISTRIBUTION

Out of the 10,000,000 ASX tokens allocated as incentives for early users, 3,000,000 ASX were distributed in the first stage of the distribution.

Asymetrix ASX distribution

On July 28, 2023, a decision was made to extend phase 1 and allocate an additional 1,000,000 ASX for this purpose.

HOLDERS

At the current moment, more than 140 users are holding ASX.

Pie chart illustrating the share distribution among ASH holders.

TVL

Over the course of 100 days, we’ve seen the protocol’s TVL (Total Value Locked) swiftly gain momentum. The all-time high can be considered the mark at $25 million. At present, the indicator is hovering around the $18–20 million mark.

TVL (Total Value Locked) chart for the 100 days following mainnet deploy

In addition to the metrics mentioned above, we want to specifically note that during this hundred-day period, our protocol has entered the TOP-10 projects in LSDfi by TVL (Total Value Locked). Also, popular media outlets such as Bankless, Coindesk, Defiant and others have often mentioned us. Our protocol has been featured in recent top reviews by leading analysts (Messari, Binance Research).

Additionally, we’ve grown our social media presence on
Twitter (X) up to 3500 users https://twitter.com/asymetrix_eth
Discord up to 1000 users https://discord.com/invite/asymetrix

Regular interaction with our community took place there, where various aspects of the protocol were discussed. We collected and analyzed all feedback from our users. The result of this work will be Asymetrix v2, which the team recently mentioned in a blog post that they’re working on.

SUMMARY

In its first few months since deployment on the Ethereum mainnet, Asymetrix has seen noteworthy user engagement, successful draws, and effective stETH rewards distribution. The incentives provided through ASX tokens have found a substantial number of takers. The platform’s Total Value Locked (TVL) has risen quickly, marking a high point for the project. Asymetrix has also garnered recognition across the industry, landing a place amongst the top projects on LSDfi by TVL, earning mentions in leading media, and fostering an active community. The ongoing user feedback continues to shape the protocol, contributing to the development of the upcoming Asymetrix v2.

--

--