90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.
Tuesday is LEO AMA day! The last one happened on July 26th so it's been a while since we last got to hear some updates and teasers from Khal. It's understandable since there's been so much happening since threads have been launched and the priority is to focus on improving the speed and usability of Leofinance.
Polycub Stats Aug, 16th 2022
POLYCUB:
- Price: $0.103
- Total POLYCUB Supply: 6,946,857
- Market Cap: $713,562
- New POLYCUB/block: 0.125 (5000 PC)
- TVL: $1,923,737.06
xPOLYCUB
- POLYCUB Staked: 4,812,909.78 (+ 3,919.56)
- xPOLYCUB Supply: 207,161.766 (+ 141.226)
- PC/xPC Ratio: 23.2326 (+ 0.0031)
- TVL: $494,368.51
VexPOLYCUB:
- vexPOLYCUB Supply: 103,265.215 (+ 77.223)
- XPolycub Locked: 103,471.745 (+77.378)
- Polycub Locked: 2,403,917.662 (+ 2,118.214 / $218.17)
- TVL: $246,439.90
- xPC/vexPC Ratio: 1.0020 (+ 0.00)
YESTERDAY REVENUE
Multi Token Bridge (MTB)
- 10 HIVE ($6.09)
- $3.85 HBD
- 0 SPS ($0.00)
Oracle Staking
- HBD: $25.26
- Hive: 8.36 HP ($5.09)
Kingdom Fees
- WETH-WBTC LP: $0.23
- WETH-DAI LP: $0.02
- USD-BTC-ETH LP: $4.62
- DAI-USDT-USDC LP: $0.19
Total: $45.35
The reports just became a lot more complete now that Kingdom fees are included. All the calculations were made using the current prices of Sushi Tokens and Curve.
I think the 10% Kingdoms fees only apply to the Sushi Tokens and Curve tokens earned by staking the LP tokens on the respective platforms. If anyone could confirm this it would be great.
VexPolycub grew by 77.223 which is excellent for the future price of Polycub. The more Vexpoly the less liquid Polycub exists creating upwards pressure on the price.
I want to remind you that all tokens except LEO will help to burn more Polycub so tipping tokens like Pizza will help to burn even more Polycub once the first Monday of the month comes around.
Posted Using LeoFinance Beta
