Cardanoscan: Analytics Charts V2
Problem
Current Cardano analytics lack visual tools for deeper insights into key metrics like ADA circulation, Mempool size etc. Users need more detailed, informative charts to better understand the ecosystem
Total to date
This is the total amount allocated to Cardanoscan: Analytics Charts V2.
About this idea
[GENERAL] Name and surname of main applicant
Ashish Prajapati[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)
Entity (Incorporated)[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)
3[GENERAL] Please indicate if your proposal has been auto-translated into English from another language
No[GENERAL] Summarize your solution to the problem (200-character limit including spaces)
We will enhance the Cardanoscan analytics page by adding new charts, such as ADA circulation vs reserves, mempool size, stake key growth, and treasury growth, providing better insights to users
[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?
No[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”
No dependencies.
[GENERAL] Will your project’s output/s be fully open source?
No[GENERAL] Please provide here more information on the open source status of your project outputs
The Cardanoscan Explorer website is closed-source software, and while the analytics page will not be open-source, the graphical charts generated will be available for free access to all users to take screenshots and share.
[METADATA] Horizons
Analytics[SOLUTION] Please describe your proposed solution
Our solution focuses on expanding the Cardanoscan analytics page with new, informative charts. After positive community feedback on previous charts funded by Catalyst, we’ll now implement four additional charts:
- ADA in circulation vs ADA in reserves: Helps visualize the ratio between circulating ADA and the reserves over time.
- Mempool size per minute: Tracks the number of transactions in the mempool, offering insights into network congestion.
- Stake keys growth: This shows how many stake keys are registered daily, which reflects network growth in terms of wallets.
- Treasury growth per epoch: Displays how the treasury grows per epoch, highlighting Cardano's funding pool growth.
These charts will engage Cardano users, staking participants, and researchers by providing real-time data that’s visually accessible. The new analytics will help users track critical network metrics in a more digestible format, allowing them to make informed decisions about staking, governance, and transaction activity.
Our unique approach ensures that the data is accurate and real-time without relying on db-sync, giving Cardanoscan unparalleled reliability. The solution will benefit the entire Cardano community, as it empowers users with easy-to-understand, data-driven insights into the network.
[IMPACT] Please define the positive impact your project will have on the wider Cardano community
This project will significantly enhance the Cardanoscan experience by offering visually compelling, real-time data insights into Cardano’s network health. Users, researchers, and staking participants will benefit from easy-to-interpret data that helps them track key network metrics. This improvement will empower the Cardano community to make better decisions in governance and staking, thus increasing participation and engagement.
[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
We have a proven track record of successfully completing projects while maintaining high levels of trust and accountability. Since the beginning of the Shelley period, our team has been actively participating in the Cardano ecosystem, successfully developing and maintaining Cardanoscan, a widely used Cardano explorer (cardanoscan.io).
In addition to Cardanoscan, we created Typhon Wallet, a highly recognized and user-friendly wallet that has received widespread acclaim from the Cardano community (typhonwallet.io). This wallet is a direct result of our involvement in the Catalyst program, demonstrating our dedication to innovation and providing vital community solutions. Our team has successfully completed numerous proposals, achieving a 100% completion record, which underscores our commitment to delivering on our promises.
Moreover, we have delivered the integration of Cardano ADA, native tokens, and ADA staking within Ledger Live, which brings the mass user base of Ledger to Cardano, providing a safe and secure custodial wallet solution to the community.
We also contribute to the Cardano ecosystem through various open-source libraries, available on our GitHub repository (Strica GitHub). These libraries reflect our commitment to providing developers with reliable tools and resources that meet high-quality and transparent standards.
Our experience, knowledge, and positive feedback from the community attest to our ability to deliver projects with a strong emphasis on integrity and responsibility. We intend to uphold these values throughout the course of our implementation, ensuring that funds are managed properly and transparently.
[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?
Implement ADA Circulation vs Reserves & Mempool Size per Minute Charts
A: Milestone Outputs
- ADA in Circulation vs ADA in Reserves chart.
- Mempool Size per Minute chart.
B: Acceptance Criteria
- Both charts must be developed and available on the mainnet
- The charts should be fully functional and responsive on the Cardanoscan analytics page.
- Public users should be able to access and view the charts via a live link.
C: Evidence of Milestone Completion
- Deployment of the two charts on Cardanoscan mainnet, accessible via a public link.
Implement Daily Stake Key Growth, and Treasury Growth per Epoch Charts
A: Milestone Outputs
- Daily Stake Key Growth chart.
- Treasury Growth per Epoch chart.
B: Acceptance Criteria
- Both charts available on mainnet, on analytics page
- Users can access and interact with the charts via a public live link.
C: Evidence of Milestone Completion
- Deployment of these charts on Cardanoscan mainnet, with a publicly accessible live link.
Project Closeout Report
A: Milestone Outputs
- Public link to 4 charts part of this proposal
- Project close out report and video demo
B: Acceptance Criteria
- All charts should be deployed on the mainnet, fully accessible to the public.
- Video demo and close out report provided
C: Evidence of Milestone Completion
- Public access to the live charts via Cardanoscan, verified through a live link.
- Submission of the closeout report and video.
[RESOURCES] Who is in the project team and what are their roles?
https://strica.io/
The Strica team consists of Cardano enthusiasts who have been actively involved in the ecosystem since the beginning of the Shelley Era. Our team is made up of experts who have successfully developed a Cardano explorer, a user-friendly wallet, and several open-source tools that contribute to the growth and functionality of the Cardano ecosystem.
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources
The total budget for this project is 44,000 ADA. This budget is allocated across key milestones as follows:
Milestone 1: ADA Circulation vs Reserves, and Mempool Size per Minute Charts
- Budget - 13,200
- Development, testing, and deployment of the new charts
Milestone 2: Daily Stake Key Growth, and Treasury Growth per Epoch Charts
- budget - 13,200
- Development, testing, and deployment of 2 charts
Milestone 3: Submit Project Closeout Report
- Budget - 17,600
- Video demo and close-out report
No third-party services or products are required for this proposal, as all development will be conducted in-house by the Strica team.
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
The budget for the Cardanoscan Analytics project is strategically allocated to ensure substantial value for the Cardano ecosystem. Key expenditures include cost for UI design and chart development, ensuring high-quality, user-friendly tools for data-driven decision-making. The budget is set aside for rigorous internal testing to maintain reliability and user trust.
By prioritizing quality and community outreach, this project aims to enhance user experience and promote engagement, ultimately benefiting the Cardano ecosystem.
Team
