POLYCUB Growth & Revenue Report #4

in LeoFinance • 3 years ago

Cover - POLYCUB Growth & Revenue.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.

I've been looking to improve on three reports and realized I have been missing one very important source of revenue, the Kingdoms fees. I thought they were too low to have a significant impact on the daily revenue.
After going over the numbers I realized I was wrong. I won't be sharing the revenue on today's report but from tomorrow onwards it will be included. According to the quick math I did they should be generating around $5.25 per day. That is equal to 52.5 additional Polycub being bought back by the protocol, every day!

Polycub Stats Aug, 15th 2022


POLYCUB:

  • Price: $0.10
  • Total POLYCUB Supply: 6,941,781
  • Market Cap: 695,493
  • New POLYCUB/block: 0.125 (5000 PC, $500 per day)
  • TVL: $1,955,770

xPOLYCUB

  • POLYCUB Staked: 4,808,990.22 (+6 021,22)
  • xPOLYCUB Supply: 207,020.540 (+ 234,54)
  • PC/xPC Ratio: 23.2295 (+ 0.0028)
  • TVL: $481,810.12

VexPOLYCUB:

  • vexPOLYCUB Supply: 103,187.992 (+ 6.992)
  • XPolycub Locked: 103,394.367 (+7.367)
  • Polycub Locked: 2,401,799.448 (+ 461.448 / $46.14)
  • TVL: $240,646.47
  • xPC/vexPC Ratio: 1.0020 (+ 0.00)

YESTERDAY REVENUE

Multi Token Bridge (MTB)

  • 0.000 HIVE ($0.00)
  • 0.031 HBD
  • 0.000 SPS ($0.00)

Oracle Staking

  • HBD: $25.26
  • Hive: 13.01 HP ($8,04)

Total: $33.33

Daily revenue has been decreasing for the last few days but tomorrow's results will be a little bit better, once I introduce the revenue generated by the Kingdoms fees. The buyback report will be published later today. According to Khal, the numbers are impressive so that could generate a lot of buying pressure for Polycub.

Posted Using LeoFinance Beta

#polycub #cub #defi #polygon #leo #hive #burn #hbd #leofinance
3 years ago in LeoFinance by
$3.43
79 votes
Reply 1
Sort:  
  • Trending
    • [-]
     3 years ago  

    Congratulations @polycubburner! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

    You received more than 600 upvotes.
    Your next target is to reach 700 upvotes.

    You can view your badges on your board and compare yourself to others in the Ranking
    If you no longer want to receive notifications, reply to this comment with the word STOP

    Check out the last post from @hivebuzz:

    Level up your NFTs and continue supporting the victims of war
    Support the HiveBuzz project. Vote for our proposal!
    $0.00
      Reply