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Hive Improvement

HiveRaven EXODUS; Watch the flow of HIVE leaving the chain

HiveRaven

HiveRaven

HiveRaven is a website with a collection of some very interesting Hive related tools. The website and tools are created and maintained by @gwajnberg. I came into contact with him @gwajnberg when I had created my Hive Account Health Dashboard. I created this dashboard (actually AI created it for me) because I wanted to visualize some stats that, in my eyes, reflect how valuable a Hiver is to the chain. He was also looking into this and was building his own toolset for this. Since his tools looked and worked way better than mine, I suggested him to 'adopt' my tool and integrate it into his dashboard, which he did. You can check it out here: https://hiveraven.vercel.app/health

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HiveRaven has a couple of very interesting tools with which you can get quite some good information about the behavior of users on Hive. It can give you information about who is adding value to the chain and who doesn't. I find this information very valuable since I want to support Hivers that add value to Hive instead of those whose actions harm Hive.

If you are interested in the behavior of your fellow Hivers on the chain, you should really check out some of the tools.

You can check account health, discover new users, look at downvotes, watch DHF funds and to a Hivian discovery. And.... take a look at the flow of Hive leaving the chain.

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Exodus

Exodus is an interesting HiveRaven tool. When you open the tool you immediately see a some stats that tell how much Hive has left Hive via known exchanges over the past 30 days.

Extracted last 30 days

I find it quite shocking to see that in the last 30 days 9.76 million Hive was extracted from the blockchain, representing a value of $478 thousand dollar. That is almost a half million 🤔

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Under the graph there is a table that shows the different exchanges and the percentage of the extraction that takes place via the specific exchanges. Binance is #1 with 43.6%. The second one is MEXC (I had never heard of that one before), that was responsible for another 41.7% of the extracted funds.

Another interesting thing you can do is click on the exchanges. Doing this will show you an extra table below which contains the accounts that have sent the funds to these particular exchanges. These accounts are sorted by the amount of funds they have sent to the exchanges, sorted high-low.

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And now what?

First I want to make clear that this blog is not meant to be to start a which hunt for those who extract Hive. Everyone has the full rights to do whatever they want with the Hive they have earned. People have their reasons to extract their funds. And some may even extract it to use it for Hive related projects.

What I do want to show with this blog is visibility of what is happening. A lot of Hivers, both on Hive as in the Discord channels discuss about the DHF and the money, which is indeed important. But the extraction of Hive, in my opinion, sometimes gets a bit overlooked.

I'm wondering if you already knew about HiveRaven and the Exodus tool, if you use it and what you think about it.

PS. I've experienced @gwajnberg as a skilled developer that wants to improve his tools and really listens to feedback people give on his tools. And also implements changes quickly if he agrees with the feedback.

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# Friendlymoose

Comments · 8

  • @alonicus(72)· 3d

    Sounds like we need the next tool to be Leviticus, or maybe Numbers, to keep with the theme 😁

    Something that charts capital introduced to Hive and where from. It's the other side of the picture, and combining the two will give us an idea of the overall picture as well as how much of the inflation we generate is being extracted. While people have every right to pull HIVE out of the system, I do feel we need to find ways to make it more attractive for outside investors. With any luck we can also start to look at reward-farming bots that only exist to take funds out and consider ways to reduce their impact.

    But overall.... I love tools like this, keep up the good work @gwajnberg 😀

  • In my opinion HiveRaven is the best set of tools on Hive 👍⭐

  • @horrorweapon(59)· 3d

    Watching HIVE flow off the chain in real time sounds oddly addictive, the EXODUS tracker looks like a rabbit hole worth falling into.

  • I do like this tool very much; nice way to get an overview of an account.

    I don't know what sort of coding would be involved — perhaps @gwajnberg could enlighten us — but it would be nice if there were also an "extended" KE that takes into account that some people's "extraction" of HIVE actually ends up as supporting Splinterlands or some other Hive second layer project, rather than being "pure" extraction to an external exchange.

    For example, my stats indicate that I have "extracted" 843 Hive, but I have about 42.65 USD (value at this moment) tied up in 2nd layer projects (Hive-Engine) like EDSI, DAB, BBH/BBHO, BEE/WORKERBEE and others... which happens to be the equivalent of about 880 HIVE.

    It's not really extraction, and maybe it would be too technically challenging to account for... but it's just an idea.

    Similarly, people hold HBD/HIVE in savings, which is also not (technically speaking) "extraction."

    =^..^=

  • @gwajnberg(77)· 4d

    I was just changing the design of the account health...the biggest feedback is concerning the design which I am bad on it to be frank....I am more a data guy hehe. But with the help of the others we can reach something better for sure!

  • Hey thats kinda cool. Burned a bunch of time checking myself out and others I follow. Would be neat if the individual metrics like KE Score would be explained a little more for folks who don't know.

    Amazing the tokens that left the chain but I suppose that is natural seeing as it does have monetary value and speculation breeds trading.

    Awesome stuff!

  • @pizzabot(60)· 4d

    PIZZA!

    $PIZZA slices delivered: @imfarhad(1/5) tipped @friendlymoose

    Join us in Discord!

  • @imfarhad(74)· 4d

    Thanks for sharing the tools. I will check them

    !BBH !ALIVE !HEARTBEAT !PIZZA