Finally listening to the AMA.
There are $4,000 HBD generated so far from the staking. Khal doesnt know what came from the bridge fees so far nor did he have the numbers on the arbitrage bot. That said he does think that bot will generate the most money for the protocol.
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So the bot generates it based on Artibtrage right? I am not really sure what the numbers are really based on.
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Yes the bot that is doing the arbitrage is making money. It seeks out opportunities to trade pHBD, HBD, and Bitcoin (since I believe the HBD on Bittrex is in BTC).
It is just like HBD Stabilizer which keeps making money for the DAO.
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That's a huge number, and it will continue to rise.
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The more people get into the pHBD-USDC pool, the more HBD the Protocol will have in the HBD savings. At 20%, it keeps adding up.
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it’s adding up real fast! I’m excited to see where it lands us in a few months time
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Whoa, that's fantastic! And it will grow for sure!
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I think it starts the buying in July.
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That is great. We'll probably see some significant movement in the price of pCUB.
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That is my expectation. Of course, I expected it to occur before this so I was wrong there. However, the price drop did end which is a positive.
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Yes, hopefully it will happen sooner but we shall see. Slow and steady is better than sporadic movements hehe
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I actually expect the price of POLYCUB to jump rather quickly once Treasury starts buying. We will have to see how much is being generated by the Protocol but we the halving over the next few months will mean very little new POLYCUB will hit the market. That means buying what is already out there.
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That's true though. The interest earned on HBD alone is something so when they start using it to buy then it would definitely mean spike in the pCUB price.
It's exciting to think when it gets scarce and people will start to notice and wanting to have a share of it.
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I expect the 5 methods of value accrual on all V2 vaults + the release of the governance UI + bonding to radically reshape the platform. We’re already making great headway on this.
We realized that the critical path was to release the V2 Vaults and then focus on Governance UI + bonding afterwards. That’s where our attention is now
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WenSoon
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This is pretty good news.
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I don’t know much
But I do know my wens and soons
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