Hemera x Mantle: Empowering the Ecosystem with Account-Centric Indexer
Hemera: Pioneering Account-Centric Indexing Protocol
Hemera is at the forefront of blockchain technology, developing a cutting-edge account-centric indexing protocol. This innovative approach introduces a new abstraction layer that standardizes account-level data retrieval and features engineering for developers.
Mantle LSP indexer
Mantle Network has recently launched the first season of its “Methamorphosis” campaign, introducing an innovative reward system for mETH users. The project allows participants to accumulate “Powder,” which is akin to points that will be converted to $COOK, the future governance token of Mantle LSP.
The campaign is designed to incentivize users of Mantle LSP restaking platform. Notably, mETH holdings and native usage on Mantle are set to yield higher Powder accumulation rates.
This ambitious initiative presents Mantle with two critical data challenges:
- Precise tracking of campaign activities to ensure accurate Powder calculation for each account.
- Gaining comprehensive insights into mETH allocation within the ecosystem and user engagement with Mantle Network.
To address these complex data requirements, Mantle has joined forces with Hemera to leverage Hemera’s expertise in blockchain data indexing and analysis to meet Mantle’s specific needs, ensuring the success of the campaign and providing valuable ecosystem insights.
Leveraging Hemera’s Advanced Indexing Capabilities
Hemera has developed a customized indexer for the Mantle LSP project, focusing on two key areas:
1. mETH Allocation Tracking
Our account-centric indexing network tracks mETH allocation over time, grouping data by individual accounts to accurately calculate Powder accrual. This process encompasses:
- mETH balance in user wallets
- mETH deployed on other L1 networks (e.g., Zircuit)
- mETH utilized in L2 applications (e.g., as liquidity provided on FusionX or as collateral on Lendle)
By indexing relevant DeFi projects and combining this data with user balances, we provide a comprehensive overview of each account’s Total Value Locked (TVL).
2. User Engagement Analysis
We’ve implemented account-centric features to abstract and quantify user engagement within Mantle Network. Key metrics include:
- Transaction frequency
- Gas consumption
- Asset holding periods
- Liquidity distribution
“Features” in Hemera Protocol represent a semantic abstraction of onchain data, offering powerful solutions for Mantle’s complex data needs. Our approach includes:
- Comprehensive DeFi Contract Parsing: We’ve parsed numerous complex smart contracts across various DeFi projects, enabling the creation of User Defined Function (UDFs) tailored to Mantle’s requirements.
- Customized UDFs: We’ve developed specialized UDFs, such as wallet liquidity distribution analysis, providing granular insights into how assets are allocated between wallet balances and DeFi deposits.
- Historical and Real-time Data: Our indexed data encompasses both historical records and real-time updates. This dual approach allows for:
(i) Point-in-time snapshots of key metrics
(ii) Observation of ecosystem dynamics over time
(iii) Continuous monitoring of up-to-date data for immediate risk assessment
4. Account-Centric Features: All data and analyses are structured around individual accounts, offering a user-focused perspective on ecosystem interactions.
These capabilities, built on Hemera Indexer’s core strengths of account-centric features, real-time processing, customizable UDFs, provide Mantle with a comprehensive, flexible, and responsive data solution. This empowers Mantle to gain deep insights into user behavior, track campaign performance accurately, and make data-driven decisions with confidence.
Why Mantle Chose Hemera: Unparalleled Account-Centric Indexing
Mantle’s decision to partner with Hemera for their indexing needs was driven by several key factors that set our solution apart:
Tailored Solution
We’ve developed a Mantle-specific account-centric indexer that captures crucial metrics such as portfolio composition and onchain engagement for each account. This level of customization is challenging to achieve with existing tools.
Comprehensive Data Integration
While platforms like Debank excel at tracking DeFi assets, they often lack the flexible APIs and programmability needed for in-depth engagement analysis. Hemera bridges this gap, providing both asset tracking and engagement metrics in one unified solution.
Simplified Setup
Indexing solutions like The Graph would require setting up and managing numerous subgraphs to handle the diverse smart contract data involved. Hemera eliminates this complexity with our built-in account-centric features.
Rapid Deployment
With our pre-built account-centric features, we were able to quickly adapt and deploy a Mantle-customized version. This agility significantly accelerated the implementation of Mantle’s campaign infrastructure.
Enhanced Campaign Facilitation
Our tailored indexing solution not only meets Mantle’s immediate data needs but also provides a foundation for deeper insights and more sophisticated campaign mechanics in the future.
By choosing Hemera, Mantle gained a powerful, flexible, and efficient indexing solution that aligns perfectly with their campaign goals and future data needs.
Alvin Yang, Operation Manager @ Mantle
“At Mantle, we needed a reliable indexing solution for our “Metamorphosis” campaign and broader data strategy. After evaluating various options, we chose Hemera for their unmatched account-centric indexing capabilities. Hemera provides programmable indexing protocol, allowing us to build in-house customized campaign solutions with ease, saving our internal team hundreds of engineering hours. The Account-centric Indexer, innovated by Hemera, allowed us to resolve individual users’ and projects’ key metrics and provide rewards accordingly, and no other providers on the market is able to provide the same support. Their expertise in blockchain data indexing has been instrumental in our success.”
Build with Hemera
By leveraging Hemera Protocol, our users can focus on their core application logic without the need to maintain an internal data team for handling on-chain data.
This efficiency allows teams to redirect resources from data management (typically requiring 1 to 5 specialists) to product development and innovation.
About Hemera
Hemera Protocol is building the next-gen account-centric indexing protocol powering open AI innovation. Hemera proposes account-centric indexing, a new abstraction to standardize account-level data retrieval and feature engineering for developers. Building on top of Hemera Protocol, developers can focus on their application-specific business without needing to maintain their internal data team (from 1 to 5 people) for handling on-chain data.
Website: https://thehemera.com/main/home
Twitter: https://twitter.com/HemeraProtocol
