Outflows Of LUNA & UST
With this dashboard, we are focusing on Outflows of Luna and UST on Terra Bridge on all Blockchains since Jan 1,2022. Furthermore, we are tracking the outflows of LUNA and UST to Osmosis, Secret, Axelar, and Injective. Here, we analyze the top 10 outflows of LUNA and UST transactions by Osmosis, Secret, Axelar, and Injective. According to this analysis, Osmosis is ranked as one of the most popular applications.And also analysis of this dashboard shows that there are more tracked transactions and transferred volumes of LUNA and UST to Osmosis. It is because Osmosis is an advanced AMM protocol built using the Cosmos SDK, which allows developers to design, build, and deploy their own customized AMMs. By observing this, we can also observe that its TVL has increased as well, as has the transferred volume. We can determine the health of a blockchain based on its TVL growth. Therefore, we can say Osmosis is a more robust and healthy blockchain on Cosmos Ecosystem
This post first appeared on Tech Dreams | A Technology Guide For Ever, please read the originial post: here
