Developer | Dashboard: Pyth Entropy Usage on EVM Chains

About the Bounty

Your Mission:

Create a Pyth Entropy dashboard (Dune or Flipside) tracking the usage of Pyth’s on-chain random number generator protocol.

This should enable the Pyth community to draw insights on the overall downstream usage of Pyth Entropy across EVM chains but also highlight the Entropy Providers ecosystem.

About Pyth Entropy:

Entropy allows developers to quickly and easily generate secure random numbers on the blockchain. Entropy's rapid response time allows developers to build applications such as NFT mints and games with responsive UX. Entropy also provides strong security guarantees to ensure that both users and application developers can trust that the results are random.

You can learn more about how Entropy works and legacy solutions for on-chain randomness.

About the Pyth Network:

First announced in April 2021, the Pyth Network is the largest and fastest-growing first-party financial oracle for real-time asset price data. Pyth delivers over 500 low-latency price feeds across digital assets, FX, ETFs, equities, and commodities to more than 55 blockchain ecosystems, securely and transparently.

The Pyth Network comprises some of the world’s largest exchanges, market makers, and financial services providers, who contribute their proprietary price data to the Pyth oracle for on-chain aggregation and distribution to smart contract applications.

Pyth introduces a pull oracle design which empowers apps to request or pull the latest price update to their native blockchain on demand. The Pyth Network has secured more than $400B in trading volume across hundreds of Web3 and Web2 applications. You can learn more from the Pyth website and documentation.

For more information about Pyth Network, please visit the website and documentation.

Metrics to Include:

All the metrics below are not required as is but are a good start.

Any other metrics you feel valuable please, add them and this will be considered as a + factor for your submission.

Data accuracy is paramount but data visibility/understanding is as is important (everyone should be able to understand what he’s looking at).

• Number of Entropy requests per chain (daily and cumulative)

• Number of Entropy requests per protocol (daily and cumulative)

• Entropy Calls success rate per chain (daily and total)

• Entropy Calls success rate per protocol (daily and total)

• Entropy Revenue for the DAO (daily and cumulative)

• List of Entropy Users (contract addresses)

• Gas spent by Entropy Users (daily and total)

• List of Entropy Provider (wallet addresses)

• Entropy Provider Performance

  • Number of calls fulfilled (daily and total)

  • Revenue generated (daily and total)

  • Gas spent (daily and total)

  • Average block delay between the request and response (daily and total)

Submission Requirements:

• Dashboard submitted must be done on Dune or Flipside

• Dashboard must cover at least 5 different EVM chains (Blast is mandatory)

Grading:

• The best dashboards will contain as much relevant (and accurate) datapoints and visualizations so that everyone can quickly understand the Pyth usage metrics and draw insightful learnings

• Winners will be selected within five days of the conclusion of the submission period.

Bounty Prizes:

• 1st will get 1,500 PYTH tokens

Terms & Disclaimer:

Pyth Data Association ("PDA") is a nonprofit Swiss association whose mission is to support the independent growth and development of the Pyth Network. PDA has established the Pyth Ecosystem Grant Program (this "Program") to encourage independent contributions from new participants on the Pyth Network. Nothing in this Program, nor any related documentation or webpage, should be construed as establishing an employment, contractor, partnership, joint venture, legal or agency relationship for any purpose between PDA and any grantee or any of his or her personnel, agent, assigns or other representatives of any kind, and no authority to bind PDA shall be granted to anyone at any time whatsoever. The grantee will report to all applicable government agencies as income all compensation received by them pursuant to this Program. Grantee shall assign all title and interest in the deliverables (including all Intellectual Property Rights) to PDA; provided that, PDA shall irrevocably and perpetually grant to the general public, including the Pyth token holder community, all rights and licenses in and to the deliverables pursuant to the terms and conditions of the Apache 2.0 open source license. Furthermore, PDA reserves the right to conduct any and all compliance screenings, including but not limited to, checks against sanctions lists, identity verification processes, and other Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures as mandated by applicable law and within the relevant legal framework. Such compliance measures may impact or impede the disbursement of any awards under this Program.

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