Looking at Zilliqa's Ecosystem statistics on their website, I'm surprised to see that the daily transactions and all metrics across the board has dipped heavily over the past 7 days, which leads me to believe that more and more users and developers are looking at leaving the current ecosystem. The TVL has a massive discrepancy as well - on it's website it's $152M, yet on DefiLlama (https://defillama.com/chain/Zilliqa?tvl=true¤cy=USD), the current TVL looks to be just over $4.5m instead. The discrepancy is not new as DefiLlama scrapes data from various sources, but such a huge discrepancy is unknown and new to me. Either the team has not been updating the TVL on staking, or there are missing sources from DefiLlama.
On the ecosystems project page, there are 195 projects on the ecosystem, last updated on 18th January 2022. Even with Zilliqa EVM compatibility launching in late April, there seems to be insignificant uptake on projects coming into the ecosystem, nor do on-chain metrics seem healthy.
Hence the 2 stars, as I believe that more can be done from the team to either improve the product further, or to incentive deployers to come into the ecosystem. The project does have it's longevity, being around since 2017. However it seems to be losing more and more market value to other chains and project. Show Less
