Founders Club
Metrics

Understanding Key Metrics

Master key performance indicators to build successful blockchain projects.

Important Note on Points

⚠️

All points are subject to change and are here for demonstration purposes only. The initial founders that applied between April 30th - December 7th had applied for the 10,000,000 points. All point/reward ratios will be announced and updated post mainnet launch.

Important Metrics

Daily Active Users (DAU)

  • Measures user engagement.
  • Indicates platform stickiness.

Strategies to Improve DAU:

  • Create daily quests or challenges.
  • Implement rewards for consistent use.

Transaction Count (TRX)

  • Reflects network activity.
  • High TRX can signal platform utility.

Strategies to Increase TRX:

  • Incentivize frequent transactions.
  • Lower transaction fees to encourage use.

Total Value Locked (TVL)

  • Represents the total assets staked or locked.
  • Indicates trust and confidence in the platform.

Strategies to Boost TVL:

  • Offer attractive staking rewards.
  • Ensure security to build user trust.

Points and Rewards System

⚠️

Transparent point allocation and reward mechanism.

Note: All points are subject to change and are here for demonstration purposes only. The initial founders that applied between April 30th - December 7th had applied for the 10,000,000 points. All point/reward ratios will be announced and updated post mainnet launch.

  • Applying Points to Metrics:

    • Use points to encourage behaviors that improve DAU, TRX, and TVL.
    • Design quests that align with your project's goals.

  • Example Integrations:

    • DAU Quests: Reward daily logins or interactions.
    • TRX Quests: Offer points for completing transactions.
    • TVL Quests: Assign points for staking or providing liquidity.

Note: Specific point amounts are determined by the founder's strategy and are used here as examples.

Integrated Metrics Strategy

  • Correlation between Metrics:
    1. Increasing DAU can lead to higher TRX.
    2. More transactions may contribute to a higher TVL.
    3. A higher TVL can attract more users, enhancing DAU.

Tools and Analytics

  • Real-time dashboard tracking.
  • Historical performance graphs.
  • Predictive analytics.

Additional Resources:

Mastering these metrics empowers founders to build thriving, user-centric blockchain projects!

Next Steps

  1. Implement metric tracking.
  2. Design engagement quests.
  3. Analyze and iterate.
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