As a seasoned crypto investor with roots tracing back to the early days of Bitcoin, I’ve witnessed the evolution of the digital asset landscape firsthand. The launch of the Polkadot Ecosystem Dashboard by The Tie is undoubtedly one of the most significant developments for institutional investors like myself in recent years.
Boston, Mass, September 12th, 2024, Chainwire
New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem
Leading market data supplier The Tie unveils the Polkadot Ecosystem Dashboard, granting institutional investors access to an extensive collection of analytics focused on assets built within the Polkadot network.
The Polkadot Ecosystem Dashboard provides a comprehensive exploration of crucial statistics and insights, empowering users to grasp fundamental elements of the network’s functionality and activity. By leveraging data from the Polkadot blockchain through The Tie Terminal, investors and traders can make more knowledgeable choices, boost their comprehension of assets and initiatives within the ecosystem, and uncover valuable insights into one of the fastest-evolving ecosystems in the digital asset market.
Joshua Frank, Co-Founder and CEO of The Tie, announced the launch of the Polkadot Ecosystem Dashboard. This tool empowers our institutional clients with robust analysis capabilities to navigate and grasp the dynamic nature of the Polkadot ecosystem. The dashboard is part of our ongoing effort to offer in-depth insights, facilitating well-informed decisions within the realm of institutional cryptocurrency.
The control panel showcases both account and indigenous token statistics, enabling users to observe the expansion of the system by examining new, active, and overall account metrics for each parachain over time. This functionality offers a transparent perspective on user involvement and interaction, while comprehensive data about the total, staked, and circulating supply quantities of parachain tokens demonstrates community development and enthusiasm. Moreover, details about the number of native token owners and price fluctuations across the ecosystem provide additional insights for assessing network efficiency.
Users have the ability to view a summary of transaction statistics, which includes the amount of native tokens moved across parachains over time via transfers. These transactions are classified as either signed or unsigned, providing information on network activity and user actions. The dashboard keeps tabs on transaction fees in terms of both native tokens and USD and shows the number of transactions for parachains that are compatible with the Ethereum Virtual Machine (EVM), such as Moonbeam and Astar. Furthermore, the dashboard follows Cross-Consensus Messaging (XCM) transactions, giving a complete picture of cross-chain interactions and interoperability within the Polkadot network.
The metric called Total Value Locked (TVL) gives an in-depth look at the value that’s secured across various parachains, with updates happening every 12 hours. This covers areas like staking, governance tokens, and liquid staking, among others. A tree map feature offers a clear visual depiction of the most recent TVL data, giving a broad overview of the system’s worth and activity levels.
The dashboard additionally showcases up-to-date metrics concerning XCM activities, encompassing details on transactions, messages, active channels, and linked parachains. This offers a comprehensive insight into the cross-chain communication flow within Polkadot. Furthermore, users can monitor ecosystem tokens and occurrences via the screener function, allowing them to customize the dashboard based on specific coins, watchlists, or sectors. This feature guarantees that institutional clients receive timely updates about crucial events in the Polkadot ecosystem, thereby keeping them informed of major advancements.
The Polkadot Ecosystem Dashboard has been created to provide users with a broad perspective on the network’s functioning, allowing them to monitor advancements, identify patterns, and discover various initiatives within the Polkadot ecosystem with ease. As such, The Tie Terminal remains indispensable for institutional clients who require extensive and practical data in the digital asset sector.
You can now find the Polkadot Ecosystem Dashboard within the “Presets” area of the Dashboard Selection screen on The Tie Terminal. For further details, please refer to The Tie’s official website.
About The Tie
The company known as The Tie offers information services for digital assets in three main areas: Institutional, Data Redistribution, and Corporate Access. In terms of the Institutional sector, The Tie’s primary product – The Tie Terminal – is a swift and all-encompassing workstation specifically designed for institutional investors in digital assets. Notable clients within this segment include numerous prominent traditional and crypto-focused hedge funds, venture capitalists (VC), market makers, asset managers, banks, and other key players in the institutional investment market.
1) The Tie’s Redistribution service shares data streams to prominent platforms such as FalconX, BitMEX, Real Vision, Broadridge, and Cointelegraph. Meanwhile, the corporate access business of The Tie offers a direct link between financial institutions and token issuers via top-tier conferences and events, with our premier event, The Bridge – scheduled for 2023 in collaboration with the New York Stock Exchange – being a prime example.
About Polkadot
Polkadot serves as the robust and secure backbone of Web3, offering a unified base upon which some of the world’s revolutionary apps and blockchains can collaborate. Developers can effortlessly construct customized blockchain projects using Polkadot’s sophisticated modular architecture. The platform also ensures consistent high-security standards for block production across all connected chains and applications, and its governance system ensures transparency by giving everyone a voice in shaping the blockchain ecosystem for long-term growth and sustainability. With Polkadot, users become active contributors, empowered to help mold its future.
Contact
Jonathan Duran
jonathan@distractive.xyz
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2024-09-12 17:10