Kleros fundamentals

[tt_admin]

A space to discuss the fundamentals of ‘Kleros’.

Link to the dashboard: Kleros (PNK) - Key metrics | Dashboard | Token Terminal

[tt_nachocaster]

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

Chains tracked: Ethereum, Gnosis

Methodology:

• Fees: Arbitration fees paid by users
• Supply-side fees: Share of arbitration fees that goes to coherent jurors
• Revenue: Share of arbitration fees that goes to the protocol (PNK holders)
• Token incentives: USD value of PNK governance 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 Appealers and Disputors
• 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):

• Fees: $1.97k
• Supply-side fees: $1.97k
• Revenue: $0
• Token incentives: $14.65k
• Earnings: $-14.65k
• Treasury (monthly average): N/A
• Daily active users (monthly average): 1
• Core developers (monthly average): 13
• Code commits: 176

[Juan]

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

The on chain Treasury by 31 April 2023 hold 19,3 M U$ in different assets (Mainly Eth, stables and GNO)

[tt_daali]

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

Chains tracked: Ethereum, Gnosis

Methodology:

• Fees: Arbitration fees paid by users
• Supply-side fees: Share of arbitration fees that goes to coherent jurors
• Revenue: Share of arbitration fees that goes to the protocol (PNK 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 Appealers and Disputors
• Weekly active users: Monthly average number of weekly distinct Appealers and Disputors
• Monthly active users: Monthly average number of monthly distinct Appealers and Disputors
• 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):

• Fees: $385.70
• Supply-side fees: $385.70
• Revenue: $0
• Token incentives: $24.19k
• Earnings: $-24.19k
• Treasury (monthly average): missing
• Daily active users (monthly average): 0
• Weekly active users (monthly average): 2
• Monthly active users (monthly average): 13
• Core developers (monthly average): 12
• Code commits: 147

[Juan]

Thank you Token Terminal, I have reviewed the Token Incentive monthly data update, and the values are correct.

The on chain Treasury by 31 May 2023 hold 18.7 M U$ in different assets (Mainly Eth, stables and GNO)

[tt_daali]

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

Chains tracked: Ethereum, Gnosis

Methodology:

• Fees: Arbitration fees paid by users
• Supply-side fees: Share of arbitration fees that goes to coherent jurors
• Revenue: Share of arbitration fees that goes to the protocol (PNK 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 Appealers and Disputors
• Weekly active users: Monthly average number of weekly distinct Appealers and Disputors
• Monthly active users: Monthly average number of monthly distinct Appealers and Disputors
• 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):

• Fees: $787.24
• Supply-side fees: $787.24
• Revenue: $0
• Token incentives: $10.23k
• Earnings: $-10.23k
• Treasury (monthly average): missing
• Daily active users (monthly average): 1
• Weekly active users (monthly average): 4
• Monthly active users (monthly average): 15
• Core developers (monthly average): 11
• Code commits: 259

[Juan]

Thank you Token Terminal, I have reviewed the Token Incentive monthly data update (TCRs and juror rewards program), and the values are in line with our benchmarks.

The on chain Treasury by 1 July 2023 holds 17,97 M U$ in different assets (Mainly Eth, stables and GNO).
PNK holdings represent $2.7 M (60% on Uniswap Pools and 40% idle)