Why Defi Dapps should create a dashboard
Defi is providing alternative financing instruments for loans, funding, and exchanges. These Dapps are really popular nowadays. Currently, the total value locked in the Defi protocol is worth $11.31B.
Around 96% of transactions on ethereum are produced by Defi Dapps. With these many transactions happening, it provides a great opportunity to run analytics on this data and extract meaningful information.
Dappquery enables you to capture, analyze, and generate a meaningful dashboard for these Defi Dapps with just a few clicks. To get started register here.
Why every Defi Dapp should have a dashboard:
- Tracking the growth of locked value:
With numerous Defi Dapps coming into the market, it becomes very important to track the value locked by a particular Dapp.
Dashboard metrics provide better insights on market dominance captured by a Dapp.
Below dappquery dashboard shows a few interesting metrics by zapper.fi Dapp.
2. Build trust in the community:
In the blockchain world, the community plays a very vital role by being an early adopter, investor, contributor, or developer. That’s why building trust in the community is very crucial.
The Defi dashboard provides complete insights and transparency to the community which in turn builds trust. These metrics give information about how well Dapp is performing and hence it also attracts Defi investors.
3. Advance analytics:
It’s very important to track the impact of varying market factors on Defi Dapp on a daily, weekly, and monthly basis. Advanced analytics charts help you understand different patterns and define future strategies.
Do you have a Defi Dapp and want to analyze your smart contract data without any hustle?
Click here to sync your smart contracts and start the interactive analysis.
Click here to check out popular Dapp dashboards on explorer.
Dappquery supports advanced analytics using visual SQL and drag and drop “Analyzer”. For more details contact us:
Website: https://dappquery.com/
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