xPolyCUB Running into Saturation?

in #hive-1679223 years ago

PolyCUB is the newest addition to the CUB Defi family. Polygon CUB extends the ecosystem from Binance Smart Chain to Polygon.

An allocation is dropped to holders of CUB over a period of 60 days. The token is currently experiencing a rapid inflation phase. Initial inflation started out at 5 PolyCUB per block (every 2 seconds) and already dropped to 1 tokens per block. Emissions will stay at 1 CUB per block for 3 more weeks.

One special feature is the option to stake PolyCUB in order receive xPolyCUB. xPolyCUB receives inflation and 50% of the early harvesting haricut.

The growth of staked PolyCUB has been slowing down:

220410_xPoly_Poly.png

xPolyCUBGrowth xPolyCUBstaked PolyCUBGrowth staked PolyCUB
13.03.20221180391155480
20.03.2022147146125 %2143376185 %
27.03.2022165587113%2946201137%
03.04.20221746385%341484416%
10.04.20221820714%36596107%

Top 50 accounts ordered by percentage:

220410_xPolyCUB_top50.png

As of April 10th, total PolyCUB supply is 5'904'399. Of those, 62% is staked in the xPolyCUB vault, which is an equivalent of 1'171'075 Total Value Locked.

220410_poly_TVL.png

Price of PolyCUB and xPolyCUB over time:

220410_price_xpoly_poly.png

Data taken during airdrop claims.

Stake Distribution

Account classification

  • Whale = Accounts holding > 1% of total supply.
  • Investor = Accounts holding between 0.1% to 1% of total supply.
  • Retail = Accounts below 0.1% of total supply.

Whale Domination describes the share of tokens whales hold.

A few tokens for comparison:

TokenDomination [%]
DASH4
ETH14
HIVE40
DOGE45
BTC63
VET74

Distribution as of April 10:

Whale Domination %Investor %Retail %
71.8321.416.76

A whale domination percentage of 72% is extremely top heavy, but it is early times and domination has been dropping from 76%.

Out of a total of 552 xPolyCUB addresses there are:

# Whales# Investors# Retail
1974459

xPolyCUB distribution across accounts:

MaxMean3rd QuartileMedian1st Quartile
25000.003449.4984.8916.953.24

The extremely large difference between mean and median balance shows a strong concentration of assets in the top quartile.


Data source: polygonscan.com


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!BEER saturation ot reached yet!

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Hey man, great job!
Just curious how did you get the TVL data?

TVL data for the xPolyCUB vault?
Staked PolyCUB x PolyCUB price

What is TVL chart for?
I was thinking that TVL is total value locked, farms and kingdoms.

In this case just a different way to look at the xPolyCUB vault. I probably should make that more obvious.

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