Introduction

Near protocol being user friendly and decentralized application platform**,** competes with Ethereum chain especially in terms of user friendliness and developer accessibility. The Near crypto platform charges fees for transactions and storage using its native NEAR tokens.

The aim of this article is to analyze the user’s first activity once we bridged to NEAR and identify the list of protocols that users are leveraging after porting the tokens through the Rainbow bridge specifically with supporting graphs and visuals..

Source

Methodology

• First we will look at the list of protocols available for which users are leveraging after transferring tokens through Rainbow bridge using the flipside_prod_db.mdao_near.transactions table, based on tx_signer as user and tx_receiver fields.
• Then we will verify the first time activity of users like what they are doing after bridging tokens to NEAR using the flipside_prod_db.mdao_near.actions_events table with the help of action_name column.

Here is the visual that shows the list of protocols which users are leveraging after porting tokens through the rainbow bridge.

https://analytics.zoho.com/open-view/2478276000000253076

These are the list of top 10 most popular protocols that users are leveraging after transferring tokens through Rainbow Bridge.

It is clear that v2.ref-finance.near bridge is the protocol with which maximum number of users have interacted after transferring tokens through Rainbow bridge.

https://analytics.zoho.com/open-view/2478276000000253368

Here is the list of Top 25 protocols sorted by the Total number of transactions which users have performed after transferring or bridging tokens through Rainbow bridge and it is obvious that the protocol v2.ref-finance.near is the one for which users have performed maximum number of transactions 3.11M.