Dear Hotpot fans，
Welcome to the 54th weekly report of the Hotpot Sets. We will continue to output the project’s operation and technology development progress for you, hoping to help you understand the Uniswap V3 platform in DeFi filed, and we wish providing you the first-hand market dynamics and better Defi investment decisions.
April 18, 2022 to April 24, 2022
As of last Friday, the Ethereum mainnet set fee totaled $23,536,28, an increase of nearly 10 percentage points year-on-year, and the Polygon set fee income totaled $437, an increase of 12 percentage points year-on-year.
The reason why the fee income is presented separately is that the Hotpot platform mainly helps users earn long-term and stable fee income. However, the fee cannot fully reflect the overall income of the Set invested by the user. Here we use the Ethereum mainnet Set as the representative for data analysis.
Entering the [Hotpot Quey] page (https://query.hotpot.financial), we can get the picture above: the upper right corner shows the real-time price of ETH and the network status. The first line is the user address input box, enter the wallet address of the deposit, and you can view the details of your account income.
The dot-line graphs in the figure represent the trend of the TVL of the Ethereum main network Set, and the cumulative trend of fee income. These two types of data have been recorded and synchronized with the blockchain since the establishment of the Set pool.
Compared with the fee income curve, the total present value curve fluctuates greatly. From the end of December to the beginning of January last year, the price of ETH hit a new low record (fell below $3000 on January 11, 2022), and the bear market sentiment spread. But even if the market shock is so great, users who invest in Hotpot will not only be lossing less than that of currency holders, but Hotpot’s handling fee can also protect users from risks, and the current income of some accounts has also returned to positive.
It is worth mentioning that, through the long-term, we can see that from late January to the present, Hotpot’s main network Set TVL has experienced three improvement points, and the overall Set total present value curve has shown a steady upward trend. In addition, Ethereum’s current investment transaction gas fees are low, and it is a rare good time to invest in Hotpot.
At present, Hotpot has established in-depth strategic cooperative relations with large encryption institutions at home and abroad. In addition to the DeFi track, Hotpot has various degrees of integration and penetration in the metaverse, NFT, and DAO fields. We believe you will find investing in Hotpot is a right choice to earn crypto income in the near future!
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