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More than 350,000 profiles have been created on the Lens chain, with an average of 20,000 daily interactive users

More than 350,000 profiles have been created on the Lens chain, with an average of 20,000 daily interactive users

CointimeCointime2024/05/20 09:35
By:Cointime

Lens Protocol founder Stani Kulechov shared a series of recent developments on Lens on the X platform:Over 350,000 profiles have been created on-chain;The daily number of on-chain interacting users reached 20,000 at one point (excluding application-specific DAUs such as opening applications and scrolling feeds);Lens has a strong diversity of applications because there is no main entry application from the Lens team (the team takes a neutral stance at the application level);The protocol treasury remained relatively stable during market fluctuations;The most popular Open Action is still collecting (rewards and swaps are increasing);The average annualized income of monetizing users is $2,000;The top monetizing users earn between $18,000 and $20,000 per year;Collectors spend $40 a month, and the top 25 spend $6,500 a year. Earlier news , Lens Lab, the team behind Lens Protocol, announced the development of the Lens Network blockchain network. The new network will be built on Matter Labs' ZK Stack and supported by zkSync on Ethereum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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