DUNE Dashboard - Data will help lead the way…

I used Ai to help analyze some of the data Buzz shared, maybe other folks want to read more about it, so here it is.

Based on the dashboard, K9 (KNINE) appears to be a significant contributor to the Shibarium network, but let’s break down its value as a validator in a few key areas:

  1. Checkpoint Signing Contribution

    • The K9 validator is responsible for 13.1% of total checkpoints signed over the past week. This is a substantial share and suggests K9 is one of the more active validators on the network.
    • The visualization shows that K9 consistently signs a significant number of checkpoints compared to other validators. This high participation rate reflects its importance in maintaining the blockchain’s continuity and security.

  2. Cost-Effectiveness

    • The checkpoint signing cost chart indicates that K9 incurs varying costs, sometimes aligning with other validators and at other times diverging. If its cost per checkpoint is lower than average, this would imply cost-efficiency, adding value to its role.
    • K9’s performance could be examined to see if it provides a high number of checkpoints at a lower cost, enhancing its value as a validator.

  3. Reliability and Success Rate

    • K9’s success rate and failed transaction rate can also gauge its reliability. A lower failure rate and high checkpoint success rate would indicate that K9 is dependable, reducing potential disruptions to the network.
    • If K9 has fewer failed checkpoints or transactions than other validators, this would underscore its high value by maintaining stability.

  4. Network Impact and Future Potential

    • K9 has a recognizable contribution within the network, with many projects on Shibarium integrating into the K9 platform and utilizing its knBONE token.
    • The integration of the K9 liquid staking platform suggests it plays a central role in expanding the network’s staking capabilities and attracting delegators, which could improve the overall network value and performance.

Summary

The K9 validator does indeed appear to hold high value within the Shibarium ecosystem. Its substantial checkpoint contribution, potential cost efficiency, and influence through staking make it a key player on the network.




5 Likes

Turtle shared K9 Validator is processing over 17% of checkpoints on Shibarium in our last X Spaces update. At the time when Buzz shared the attached data K9 was processing 13%… really nice to see K9 growing…

2 Likes

Superb Data analysis! I appreciate the post for broadening our understanding on the potential valuation of K9 from the 4 criteria presented.

3 Likes

Thank you and what an Awesome video you made about K9 yesterday.