90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.
We can all see that the Polycub market cap is currently $611,918 but the problem with this metric is that it reflects all polycub in existence and not only the ones that are liquid. To get the circulating supply you have to subtract the Polycubs that are locked away on the VexPolycub.
By that metric, the circulating market cap is $390,501.17 which is starting to get ridiculously low. As I proved before the circulating supply will start shrinking every month starting in October further reducing the circulating market cap if the price doesn't move. Circulating market cap is an important metric to keep an eye on and I think I might start including it in these reports starting next week.
POLYCUB:
- Price: $0.086
- Total POLYCUB Supply: 6,994,196
- Market Cap: $604,790
- New POLYCUB/block: 0.125 (5000 PC)
- TVL: $1,712,350.77
xPOLYCUB
- POLYCUB Staked: 4,940,886.14 (-1,073.77)
- xPOLYCUB Supply: 212,417.53 (-61.44)
- PC/xPC Ratio: 23.2603 (+ 0.0017)
- TVL: $427,239.56
VexPOLYCUB:
- vexPOLYCUB Supply: 103,577.44 (+ 0.50)
- XPolycub Locked: 105,309.072 (+ 0.512)
- Polycub Locked: 2,449,520.607 (+ 190.934)
- TVL: $211,810.21
- xPC/vexPC Ratio: 1.0167 (+ 0.00)
Wrapping Fees: $2.10
- 3.73 HIVE ($2.10)
- 0.00 HBD
- 0 SPS ($0.00)
- 0.00 LEO ($0.00)
Oracle Staking: $23.53
- HBD: $17.04
- Hive: 11.55 HP ($6.49)
Kingdom Fees: $3.00
- WETH-WBTC LP: $0.14
- WETH-DAI LP: $0.01
- USD-BTC-ETH LP: $2.78
- DAI-USDT-USDC LP: $0.06
Total: $28.63
Total LEO Burned: 127 LEO
- First 127 Leo burn link
Total VexPolycub Burned: 0
- First burn September 5th
I want 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