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"Staking Activity on DEGEN"
If I asked you to build dashboards for this, would it be accurate? Or not? I bet a lot of the time, it would be wrong.
Here's why.
If you wrote your query to show staking activity on DEGEN, there is a chance your data is wrong if you started with the assumption that "Deposit function on xyz contract = Stake".
EXAMPLE
If you browse the MasterChef contract on DEGEN, all of the tx functions are simply "Deposit" or "Withdraw".
And, if you analyze the txns correctly, (nearly 100% of the time) the tx classification is either "Stake" or "Unstake".
Deposit = Stake
Withdraw = Unstake
Straightforward, right? Wrong.
The attached example shows a tx with the "Deposit" function, which would normally be classified as "Stake".
But, if you analyze the tx correctly, the classification is "Claim Rewards".
See the problem?
Wrong Classifications = Wrong Dashboards 4 replies
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