BendDAO fundamentals

A space to discuss the fundamentals of ‘BendDAO’.

Link to the dashboard: BendDAO (BEND) - Key metrics | Dashboard | Token Terminal

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Token Terminal <> BendDAO | Monthly data update (April 2023)

Chains tracked: Ethereum

Methodology:

  • Active loans: Monthly average value of outstanding borrows on BendDAO
  • Fees: Total interest paid by borrowers
  • Supply-side fees: Share of interest that goes to the lenders
  • Revenue: Share of interest that goes to the protocol (veBEND holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Borrowers, Depositors, Withdrawers, and Repayers
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (April 2023):

Thank you Token Terminal, we have reviewed the monthly data update, and the values are in line with our benchmarks.

Token Terminal <> BendDAO | Monthly data update (May 2023)

Chains tracked: Ethereum

Methodology:

  • Active loans: Monthly average value of outstanding borrows on BendDAO
  • Fees: Total interest paid by borrowers
  • Supply-side fees: Share of interest that goes to the lenders
  • Revenue: Share of interest that goes to the protocol (veBEND holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Repayers, Depositors, Withdrawers, and Borrowers
  • Weekly active users: Monthly average number of weekly distinct Repayers, Depositors, Withdrawers, and Borrowers
  • Monthly active users: Monthly average number of monthly distinct Repayers, Depositors, Withdrawers, and Borrowers
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (May 2023):

Thank you Token Terminal, we have reviewed the monthly data update, and the values are in line with our benchmarks.

Token Terminal <> BendDAO | Monthly data update (June 2023)

Chains tracked: Ethereum

Methodology:

  • Net deposits: Missing
  • Active loans: Monthly average value of outstanding borrows on BendDAO
  • Fees: Total interest paid by borrowers
  • Supply-side fees: Share of interest that goes to the lenders
  • Revenue: Share of interest that goes to the protocol (veBEND holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Depositors, Borrowers, Repayers, and Withdrawers
  • Weekly active users: Monthly average number of weekly distinct Depositors, Borrowers, Repayers, and Withdrawers
  • Monthly active users: Monthly average number of monthly distinct Depositors, Borrowers, Repayers, and Withdrawers
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (June 2023):