Beethoven X - OPTIMISM QA

[SerenityFund]

Review Info

Description	Info
Subgraph Reviewed	https://subgraphs.messari.io/subgraph?endpoint=https://api.thegraph.com/subgraphs/name/messari/beethoven-x-optimism
Schema Version	1.3.0
Subgraph Version	1.1.2
Methodology Version	1.0.0
Evidence Spreadsheet	https://docs.google.com/spreadsheets/d/1Mjf9dPXHak54jcGSdnjT5G1CdW1wOrK7/edit?usp=share_link&ouid=104027705798814439445&rtpof=true&sd=true

Metric to Review

TVL

TVL data is not mathematically in line with the recent (Feb. 3) official website data as it shows a massive discrepancy of -50.51%. Additionally, in the five past five days, the TVL data shows discrepancies ranging from -46.20% to -57.78% with Defi Llama data,

February 3, 2023:

Subgraph - TVL	Official Website - TVL	Absolute difference	Difference %
10,169,476	20,550,000	-10,380,524	-50.51%

Subgraph - TVL	Defi Llama - TVL	Absolute difference	Difference %
10,169,476	20,565,446	-10,395,970	-50.55%

• Refer to the sheet 'Protocol'

Revenue

The daily total revenue data is not aligned with the revenue data from the official website, showing a discrepancy of -28.17%.

February 3, 2023:

Subgraph - Daily Total Revenue	Official Website - Daily Total Revenue	Absolute difference	Difference %
606	844	-238	-28.17%

• See the 'Protocol' sheet for more information.

Daily Volume

The recent daily volume data shows a high discrepancy of -28.29% with official website data.

February 3, 2023:

Subgraph - Daily Volume	Official Website - Daily Volume	Absolute difference	Difference %
774,436	1,080,000	-305,564	-28.29%

Daily Transaction Count

Daily transaction count data is not mathematically in line with the sum of deposit, withdraw, and swap daily counts in the past five days.

Total Pool Count

Dexscreener, Defi Llama, and the official website only show 38, 92, and 9 pools respectively (compared to the subgraph's 142 pools).

Pool Overview - TVL and Rewards

• Out of the top 20 pools in the subgraph data, only seven pools are active (shown in the website).
• Five of those seven active pools' TVL data show large discrepancies with the official website data. These pools are:

Subgraph - Rocket Fuel Pool TVL	Official Website - Rocket Fuel Pool TVL	Difference %
$3,793,961	$6,160,973	-38.42%

Subgraph - Shanghai Shakedown Pool TVL	Official Website - Shanghai Shakedown Pool TVL	Difference %
$1,934,181	$7,129,429	-72.87%

Subgraph - Happy Road Pool TVL	Official Website - Happy Road Pool TVL	Difference %
$389,207	$326,906	19.06%

Subgraph - Helter Skelter Pool TVL	Official Website - Helter Skelter Pool TVL	Difference %
$137,525	$275,045	-50.00%

Subgraph - All You Need Is Love Pool TVL	Official Website - All You Need Is Love Pool TVL	Difference %
$20,014	$99,592	-79.90%

• Two pools from the official website are missing, namely 'Overnight Pulse' and 'Galactic Dragon' pools
• The tokens reward APR data on 'REWARD TOKENS' column is not mathematically in line with the official website data.
• In terms of the base yield, only one pool is showing a high discrepancy with the official website data which is the 'All You Need Is Love' pool
• Refer to the sheet "Pool_Overview" for details

Please refer to the attached worksheet for more details.

[bye43]

@harsh9200 QA here. Feels like those protocol level volume and TVL metrics are probably from that pricing issue we discussed.

[melotik]

@harsh9200 @bye43 Will this be fixed when we apply the uniswap fork pricing fix to balancer forks?

cc @steegecs

[steegecs]

I think if we derived the prices from the pool it would. However, it looks like currently the prices are coming from harsh's price lib. Can you confirm @harsh9200?

[harsh9200]

Yes, right now balancer forks deployments are using my price lib. My price lib does not handle some tokens artificially created by balancer (Example). To fix this I have deployed a price lib based on a new method which is deriving prices based on the swaps of a pool, but It has also some bugs that I am still fixing. I wonder if @steegecs price lib would work on these types of artificial tokens.