Circulating Supply Deflation is coming (Growth & Revenue Report #7)

in #hive-1679222 years ago

Cover - POLYCUB Growth & Revenue.png

90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.

Great 24 hours for Polycub, VeXPolycub supply increased by 122 meaning that 3,191 polycubs got locked away in the vault for the next 600 days. We're getting very close to the point where polycub turns deflationary, which will have a big price impact going forward.

The price has been holding rather steady around 10 cents. This indicates that we might have reached an equilibrium. Once the next halving comes around the price should start increasing steadily assuming the crypto market doesn't fall from another ravine.

This next halving will be the most important one, if the amount of Vexpolycub keeps increasing we will see the circulating supply begin to deflate. September will be awesome for Polycub! Polycubburner will also start buying VexPoly next month so that will help a little bit as well.


Polyburn stats.png

POLYCUB:

  • Price: $0.103
  • Total POLYCUB Supply: 6,956,276
  • Market Cap: $713,694
  • New POLYCUB/block: 0.125 (5000 PC per day)
  • TVL: $1,916,257.29

xPOLYCUB

  • POLYCUB Staked: 4,854,405.36 (+ 4,464.91)
  • xPOLYCUB Supply: 208,898.260 (+ 165.426)
  • PC/xPC Ratio: 23.2381 (+ 0.0029)
  • TVL: $498,048.42

VexPOLYCUB:

  • vexPOLYCUB Supply: 103,399.974 (+ 122.185)
  • XPolycub Locked: 105,128.639 (+124.228)
  • Polycub Locked: 2,442,989.825 (+ 3,191.825 / $328.75)
  • TVL: $250,644.27
  • xPC/vexPC Ratio: 1.0167 (+ 0.00)

Polyburn revenue (1).png

Wrapping Fees: $2.49

  • 0.00 HIVE ($0.00)
  • 1.85 HBD ($1.85)
  • 9.57 SPS ($0.64)

Oracle Staking: $33,10

  • Hive Curation + Inflation: 9.74 + 3.40 HP ($7.84)
  • HBD: $25.26

Kingdom Fees: $4.03

  • WETH-WBTC LP: $0.16
  • WETH-DAI LP: $0.01
  • USD-BTC-ETH LP: $3.77
  • DAI-USDT-USDC LP: $0.09

Total: $39.62

Tried making some new text dividers but I'm not loving them, they clearly need some improvement but for the time being, they'll do. Starting imperfectly and trying to improve as I go is what works best for me.

I would like to remind you that all tokens except LEO will help burn even more Polycub. Tipping tokens like Pizza in the comments are greatly appreciated!

Posted Using LeoFinance Beta

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