A place for talking about the Ethereum Virtual Machine on Farcaster.

I built a dashboard that tracks ERC4337 adoption at BundleBear.com 

I'm writing an ERC4337 2023 Year-in-review report to summarize the most important insights.

What questions would you most like to see answered in the year-in-review report?

Crypto Data nerd | Research @ 0xKofi.com | 🇬🇭

I'd like to understand why smart account retention so low given the improved UX

Building products onchain /thefalsenine /flexclub 🌐

Today, a lot of the 4337 activity is driven by people farming the tokens of apps like CyberConnect

That behaviour is low retention: people do some farming, earn token, then dump the token and stop using the app.

For retention to go up, the 4337 ecosystem needs more apps and wallets that people want to use regularly.

Definitely agreed that we need more apps and wallets in the 4337 ecosystem and also better experience. 

From talking to the CyberConnect community, the biggest pain for retention for them to come back is high gas fee and user experience.

Of course we attracted more than 200k new weekly active users to the airdrop campaign back in July & August, which is a low retention activity. 

But nowadays CyberConnect still accounts for 50% of the total weekly accounts nowadays with more than 70k active accounts.