Polycub Daily - First burn completed!

in #hive-1679222 years ago

Cover - Polycub Daily.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.

It was finally time to burn some Polycub so I converted all the remaining liquid Hive I had into HBD and used the bridge to get PHBD. I then traded the PHBD for Polycub, then converted them into VexPOLYCUB. I was able to burn 22.46 VexPOLYCUB in my first burn!
It's not a bad result considering I only started this page 25 days ago, now the goal is to burn at least 25 VexPolycub by the first Monday of October. The lower the price the more I can burn so I'm not worried about the recent price drop.

I was also able to burn 200 LEO, all the links proving my burns are down below in the burn section if you want to check them out.


POLYCUB:

  • Price: $0.073
  • Total POLYCUB Supply: 7,040,769
  • Market Cap: $514,078
  • New POLYCUB/block: 0.125 (5000 PC)
  • TVL: $1,533,820.99

xPOLYCUB

  • POLYCUB Staked: 4,953,761.08 (+ 1,861.25)
  • xPOLYCUB Supply: 212,713.13 (+ 20.50)
  • PC/xPC Ratio: 23.2882 (+ 0.003)
  • TVL: $361,696.15

VexPOLYCUB:

  • vexPOLYCUB Supply: 103,847.02 (+ 39.96)
  • XPolycub Locked: 105,583.153 (+ 40.633)
  • Polycub Locked: 2,458,841.584 (+ 1,262.897)
  • TVL: $179,532.97
  • xPC/vexPC Ratio: 1.0167 (+ 0.00)

Wrapping Fees: $11.36

  • 2.57 HIVE ($1.36)
  • 10.00 HBD
  • 0 SPS ($0.00)
  • 0.00 LEO ($0.00)

Oracle Staking: $22.02

  • HBD: $17.43
  • Hive: 8.67 HP ($4.60)

Kingdom Fees: $3.01

  • WETH-WBTC LP: $0.13
  • WETH-DAI LP: $0.01
  • USD-BTC-ETH LP: $2.80
  • DAI-USDT-USDC LP: $0.07

Total: $36.39

The total revenue reflects the revenue generated by Polycub on the previous day.

Banner burn stats.png

Total LEO Burned: 127 LEO

  • 1st: 127 Leo burn Link
  • 2nd: 200 Leo burn Link

Total VexPolycub Burned: 22.46

  • 1st: 22.46 vexPOLYCUB burned Link

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

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Does the vexPOLYCUB held by the 0xdead address still earn a share of the POLYCUB going towards vexPOLYCUB holders?

Posted Using LeoFinance Beta

I believe so since it acts as tokens that can later be redeemed for Polycub

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