Aave — How the new token launch will influence Aave’s total Total Value Locked?

How a new token launch influence AAVE’s total value locked?

Looking at the total value locked in all the AAVE versions: The following chart is generated using Flipside Crypto data. We can see from the chart the trend of the AAVE V2 total value locked development trend and the daily deposit/withdraw amount (blue line is the total value locked and green bar chart is the daily net value (deposit-withdraw):

How to identify the “cannibalization” effects?

Firstly, let’s define what is “cannibalization” effects, here my definition is that when there is a new tokens added, how it influences the other reserves amount. We already get the new tokens added time like above query, now just need to visualize how it influence the the other liquidity provider.

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Cryptwizards

Cryptwizards

On-chain analyst, passionate to deliver nimble self explanatory visualized blockchain analytics. Wishing a world without any type of hierarchical contempt.