With Polygon, Footprint Analytics will provide more indicators for data analysis, and provide more deep insights for users.
Knowing more information and being familiar with the trend of projects is essential to making informed decisions in the ever-changing landscape of crypto. The integration between Footprint and Polygon starts from December 2021, which supports Polygon-integrated projects by offering data and trends like TVL, market cap and more deep insight data. Integrating with Polygon, Footprint Analytics will have a more complete data system.
The Footprint Analytics solution to Polygon data
Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Thus, Polygon is rapidly growing and is booming with technical, informational and business opportunities for crypto projects and traders.
Many blockchain-focused data analytics platforms have stepped in to make blockchain data accessible. As the demand for blockchain analytics grows, these tools are becoming more effective and powerful, each serving the needs of different kinds of investors and businesses.
Not in a normal way relying on API only, Footprint Analytics is trying to build three commonly used modules, through conducting protocol-decoding and figuring out input and output for each pool, and analyzing events behind pools. Footprint has started analysis of projects on Polygon and the progress is amazing.
For individual users on Polygon, there will be detailed indicators to show the overall data in a visualized way. The basic indicators like TVL and deep-like transactions of each pool are the best reference for adjusting investment strategies.
For projects on Polygon, they can analyze the activity of users by pools to adjust the operation movements. And also, they can create a dashboard to understand the industry trends.
The Integration Process
Footprint had set up full nodes on Polygon and extracted data from nodes. Also, Footprint runs a fully developed database exclusively for Polygon’s ecosystem. Now, several protocols are alive on Footprint e.g. QuickSwap.
At the end of Next January, Footprint Analytics will cover all the protocols on the chain.
Polygonis the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
About Footprint Analytics
Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects and protocols. With over a thousand dashboard templates plus a drag-and-drop interface, anyone can build their own customized charts in minutes. Uncover blockchain data and invest smarter with Footprint.
Source : cryptodaily.io