90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.
I made a post previously about how the PSPS bridge was not charging the correct amount in wrapping fees but I completely forgot about the PLEO bridge. As it turns out it is having the same issue... They're both Hive Engine tokens so there's something that must be fixed regarding HE tokens wrapping fees.
The lost revenue from this bug does amount to much but it will keep growing every day until the team decides to finally fix this known issue.
A terrible day overall for Polycub, 24th of august was one of the first days the protocol generated $0 of wrapping revenues. Trading volume is also lower than ever due to the market not really doing anything lately.
The Polycub halving is right around the corner so that should help the price recover a little bit generating some more volume and revenue.
POLYCUB:
- Price: $0.087
- Total POLYCUB Supply: 6,990,041
- Market Cap: $611,918
- New POLYCUB/block: 0.125 (5000 PC)
- TVL: $1,740,151.52
xPOLYCUB
- POLYCUB Staked: 4,941,959.91 (+ 116,262.64)
- xPOLYCUB Supply: 212,478.97 (+ 4,970.35)
- PC/xPC Ratio: 23.2586 (+ 0.0032)
- TVL: $432,626.05
VexPOLYCUB:
- vexPOLYCUB Supply: 103,576.94 (+ 0.00)
- XPolycub Locked: 105,308.560 (+ 0.00)
- Polycub Locked: 2,449,329.674 (+ 336.987)
- TVL: $214,417.58
- xPC/vexPC Ratio: 1.0167 (+ 0.00)
Wrapping Fees: 0.00$
- 0.00 HIVE ($0.00)
- 0.00 HBD
- 0 SPS ($0.00)
- 0.00 LEO ($0.00)
Oracle Staking: 22.13$
- HBD: $17.04
- Hive: 8.99 HP ($$5.09)
Kingdom Fees: $3.00
- WETH-WBTC LP: $0.14
- WETH-DAI LP: $0.01
- USD-BTC-ETH LP: $2.78
- DAI-USDT-USDC LP: $0.06
Total: 25.13$
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
