Lens fundamentals

A space to discuss the fundamentals of ‘Lens’.

Link to the dashboard: Lens Protocol - Key metrics | Dashboard | Token Terminal

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

Chains tracked: Polygon

Methodology:

  • Trading volume: Total amount paid for follows, post collects & mirrors by users
  • Fees: Total amount paid for follows, post collects & mirrors by users
  • Supply-side fees: Share of fees that goes to the content creators
  • Revenue: Share of fees that goes to the protocol
  • 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 Commenters, Profile Creators, Posters, Followers, Mirrorers, and Collectors
  • Weekly active users: Monthly average number of weekly distinct Commenters, Profile Creators, Posters, Followers, Mirrorers, and Collectors
  • Monthly active users: Monthly average number of monthly distinct Commenters, Profile Creators, Posters, Followers, Mirrorers, and Collectors
  • 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):