xPolyCUB slowly Growing

bluerobo in #hive-167922 • 3 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 2 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:

	xPolyCUB	Growth xPolyCUB	staked PolyCUB	Growth staked PolyCUB
13.03.2022	118039		1155480
20.03.2022	147146	125 %	2143376	185 %
27.03.2022	165587	113%	2946201	137%
03.04.2022	174638	5%	3414844	16%
10.04.2022	182071	4%	3659610	7%
17.04.2022	185563	2%	3799559	4%

Ratio of staked PolyCUB to xPolyCUB:

Top 50 xPolyCUB accounts ordered by percentage:

As of April 17th, total PolyCUB supply is 5'232'726. Of those, 73% is staked in the xPolyCUB vault, which is an equivalent of 1'101'872 Total Value Locked (TVL) in the xPolyCUB vault:

Price of PolyCUB and xPolyCUB over time:

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:

Token	Domination [%]
DASH	4
ETH	14
HIVE	40
DOGE	45
BTC	63
VET	74

Distribution as of April 17th:

Whale Domination %	Investor %	Retail %
71.11	21.96	6.93

A whale domination percentage of 71% is extremely top heavy, but it is early times and domination has been dropping from 76%.

Out of a total of 555 xPolyCUB addresses there are:

# Whales	# Investors	# Retail
19	76	460

xPolyCUB distribution across accounts:

Max	Mean	3rd Quartile	Median	1st Quartile
25000.00	3451.89	91.28	17.62	3.75

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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#polycub #polygon #matic #cubdefi #leofinance #finance #vyb #pimp #trading #xpolycub

3 years ago in #hive-167922 by bluerobo

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isnochys 3 years ago

Slow growing !BEER

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beerlover 3 years ago

Sorry, out of BEER, please retry later...

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poshtoken 3 years ago

_{The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.}

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isnochys 3 years ago

Test !BEER

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bitcoinflood 3 years ago

Awesome stats I love these things as it really provides insight and brings up areas that are doing very well that I don't know much or anything about to start researching. About to hit that hard curve here soon about 2-3 weeks out and things should get very interesting for PolyCub.

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1 vote

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bluerobo 3 years ago

The old question: what will happen when the airdrop is done.
So far I'm pretty excited about the addition of pHBD.

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1 vote

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senorcoconut 3 years ago

Almost in an investor!!! I am not touching any xpolycub... I don't see the point. Ofnit all works, more or less as planned by Khal's "crazy magical internet money" math the value of xpolycub will only go up and up!!!

Thanks for the graphs!

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bluerobo 3 years ago

Im curious what future use cases for xPolyCUB will be.

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1 vote

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senorcoconut 3 years ago

Not sure there will be any, except for collecting polycub reqards... As far as I understand it, xPolycub is just the name of this specific "vault" if that could be the correct term.

The ration of polycub to xpolycub is set to keep growing. But who knows, is there another function?

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bluerobo 3 years ago

I'm hearing rumors. Not sure if anything will come off it.

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senorcoconut 3 years ago

oooh what are the rumors???

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bluerobo 3 years ago

Just that. That's why I'm not going to spread them around ;)

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senorcoconut 3 years ago

hehee ok, fare enough!

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1 vote

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bluerobo 3 years ago

https://peakd.com/hive-167922/@leofinance/introducing-xpolycub-governance-or-first-vote-reduce-the-locked-claim-power-down-window

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isnochys 3 years ago

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment !STOP below

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beerlover 3 years ago

^{View or trade BEER.}

Hey @bluerobo, here is a little bit of BEER from @isnochys for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

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whatsup 3 years ago

I'm in the Investor's group, but the whales keep trying to out whale each other, they could realize there isn't enough depth for their whale games, but I'm waiting for the airdrop to be over before doing anything else with it.

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