Average Discount Of AAVE Stakers

Overview

This indicator presents a stacked line chart that visualizes the discounts Aave stakers are receiving on the GHO they have minted. By observing the trends and levels of these discounts, it may indicate the "stickiness" or retention of minted GHO within the system.

How can I use it?

Analyzing the discounts received by Aave stakers offers valuable insights into user incentives and behavior. If stakers consistently take advantage of discounts to mint GHO, it may signal a high level of retention or "stickiness" for the token within the Aave ecosystem. This could be indicative of strong user engagement, loyalty, or satisfaction

Discounts and incentives often play a crucial role in attracting and retaining users in decentralized finance (DeFi) platforms. Understanding how these incentives are utilized, and the resulting user behavior, can guide further optimization of incentive strategies and contribute to the overall success of a DeFi protocol like Aave. This particular indicator, focusing on GHO minting discounts, is a specific tool to gauge user engagement with this aspect of the platform.