90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.
Yesterday Khal announced on discord and later on Twitter that the Leofinance account will start posting a monthly buyback report! This is great news and I can't wait to go over the numbers and see how much the arbitrage bot has been generating. Transparency is crucial to any crypto project so it is great to see the team publish monthly reports with all the information investors need to see how well the project is performing.
Polycub Stats Aug, 13th 2022
POLYCUB:
- Price: $0.102
- Total POLYCUB Supply: 6,932,142
- Market Cap: $708,345
- New POLYCUB/block: 0.125 (5000 PC, $510 per day)
- TVL: $2,012,378.72
xPOLYCUB
- POLYCUB Staked: 4,793,674 (+1 004)
- xPOLYCUB Supply: 206 414 (+ 18)
- PC/xPC Ratio: 23.2236 (+ 0.003)
- TVL: $489 830
VexPOLYCUB:
- vexPOLYCUB Supply: 103,180 (+ 240)
- XPolycub Locked: 103,386 (+240)
- Polycub Locked: 2 400 995 (+ 5 873 / $599.04)
- TVL: $244 592
- xPC/vexPC Ratio: 1.0020 (+ 0.00)
YESTERDAY REVENUE
Multi Token Bridge (MTB)
- 4.548 HIVE ($2.85)
- $0.00 HBD
- 0 SPS ($0.00)
Oracle Staking
- HBD: $25.26
- Hive: 9.98 HP ($6.37)
Total: $34.48
Yesterday we saw a big phbd withdraw so in order to rebalance the liquid hbd the phbd wallet had to remove some hbd from the savings hence why the daily oracle staking revenue is now lower.
I would like 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.
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34 bucks lol breaking the bank yall
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One of the worst days, but this doesn't reflect the revenue from the arbitrage bot. Hopefully, it is generating more than the MTB and the Oracle staking 😅
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Can you use full-stops instead of commas for the decimal separator?
I'm sure I'm not the only one that first read that total number as thirty four thousand dollars...
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Lol I hoped it was 34k
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That would have been awesome! 34K daily revenue would be impossible, even if Polycub becomes a massive success.
Maybe someday we could see 3K 😁
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Fixed it, since I'm from Europe my calculator automatically switches the points to commas for decimals and I didn't notice that 😅
Posted Using LeoFinance Beta
massive platform gains yall. At least the price seems to have leveled out, hopefully a couple more emissions halvings and it'll create enough upward pressure to be enticing to investors again.
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I believe the next halving will turn Polycub deflationary. That will create massive upward pressure and attract a lot of attention to the project.
Maybe this is the bottom and we will only see a steady climb from here on out 😁
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I'm not naive enough to think that the upward pressure will immediately be massive...but it increases at each halving...it's really just a matter of how many halvings does it take to create enough upward pressure that people outside the leofinance community really begin to notice.
!PIZZA
!PGM
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PIZZA Holders sent $PIZZA tips in this post's comments:
(1/15) @cervantes420 tipped @polycubburner (x1)
You can now send $PIZZA tips in Discord via tip.cc!
Very cool to see! I love reading through analytical breakdowns of revenue and things like this. Transparency will only help shape the public image and perception of LeoFinance, POLYCUB, and what is being built here. Kudos!
And of course, I'm excited to see the report.
Posted Using LeoFinance Beta