Round 1 / FVM DeFi Leaderboard

Storage providers and individual investors in liquid staking pools have much at risk, as information about liquidity providers is often provided on a reported basis only, leaving users with no choice but to take reported figures at face value. To introduce an element of verifiability to liquidity provision, Starboard’s DeFi leaderboard offers an independent calculation of both deposits and borrowings from liquid staking pools directly from the blockchain.

Blockchain analytics firms and product/governance teams at Protocol Labs and the Filecoin Foundation have a need to track the evolution of liquidity provision to the Filecoin network for both analytics and monitoring purposes. The DeFi Leaderboard satisfies this need, not only by tracking staking and borrowing activity, but also by tabulating these flows over time. We are thus able to tell periods of growth and decline in the overall DeFi landscape in Filecoin.