Actual Usage of Cover Protocol for Gov Vote #2

Welcome to another season of Cover Protocol Usage!

I’ve included total balancer claim volume, as well as total number of claim/noclaim holders.

   Protocol   nCLAIM     nNO   #ActualUsage    #TotalCover  #ClaimVolBAL
      CURVE       88      69      117105.34     2798107.43     193881.82
       AAVE      117     102      121342.93     3508176.13     139585.18
   BALANCER       80      68       91503.68     1757751.85     150871.70
  SUSHISWAP      105      80      329517.92     3416885.21      73274.70
      YEARN      106      90      244048.46     3616456.56     107017.61
     PICKLE       68      48      111532.18     2121538.01      38231.20
 BARNBRIDGE       56      42       63292.56     1186638.94      59565.73
      BASIS       30      25      118658.57      750706.66      12376.15
  BADGERDAO      113      79      259114.18     5631972.04     297769.83
  MUSHROOMS       30      28        2599.46     1595602.17       6173.18
       PERP       29      18      260764.25     2820716.17      33087.57
      NEXUS       19      16       10693.60      895169.50       9736.79
    INVERSE       63      49        8695.67     1130340.73      68190.71
       CORE       40      37       40295.38     1901663.36      14512.00
       FRAX       50      36       74361.43     3227240.12      21559.75
      AUGUR       16      15        7050.59     1305377.44       1184.94
   STABLIZE        8       8         237.93       40412.49         23.30
       IDLE        1       1           0.00        7365.41          0.00
     TETHER        2       2          30.00        3510.00          0.00
      YFDFI        4       2        2971.67        9830.75        353.61
    HARVEST       77      56      214206.54     2809523.58      28923.13
        REN       76      60      142130.90     1632451.63      23513.06
      CREAM       83      69      166462.04     1655461.61      52860.06
  BORINGDAO       18      12        1604.47      452230.99       3623.61

As before, I consider an account an net insurance buyer if # CLAIM tokens > 2x # NOCLAIM tokens

This is as opposed to a market maker, who may have a net CLAIM position purely due to IL and not by conscious effort to obtain CLAIM.

As some market makers just provide NOCLAIM LP but just hold the CLAIM token, I can’t check their CLAIM balance in isolation. This also assumes the MM doesn’t send the tokens to another account.

In case you want to check / do your own calculations, I’ve pasted my raw data here https://pastebin.com/7cUXPPvk

Format is { PROTOCOL: [ [UserAddress: [#CLAIMTOKEN, #NOCLAIMTOKEN], …], …}

O yea I also dumped out all the rollover data for simplicity (DEC -> JAN protocols), since not many people rolled.

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