90% of author rewards will be used to buy and burn POLYCUB. All the information about the project is detailed in this introduction post.
The P-HBD account claimed the earnings from HBD savings, 700 additional HBD compounded into savings which gives the protocol an additional daily income of 40 cents! The more the HBD savings account grows the more polycub the protocol can buy every month, growing the P-HBD savings account as much as possible is crucial since it offers an excellent and reliable source of income!
This is especially true during the bear market, other tokens generating revenue for the protocol are volatile and the worst is yet to come. Revenue from Kingdoms and Hive curation/Inflation will grow a lot when the bull market comes back around but for now, it is great to see the most reliable source of income becoming more sustainable every month.
There is another wallet holding HBD (@phbd-cold) belonging to Polycub. Unfortunately, that wallet hasn't claimed rewards since May 16, 2022. So I'll leave a friendly reminder to @khaleelkazi. Claiming the savings from the cold wallet would add another 33 cents of daily income to the protocol.
POLYCUB:
- Price: $0.084
- Total POLYCUB Supply: 7,025,925
- Market Cap: $585,775
- New POLYCUB/block: 0.125 (5000 PC)
- TVL: $1,630,432.24
xPOLYCUB
- POLYCUB Staked: 4,950,446.69 (+ 2,184.32)
- xPOLYCUB Supply: 212,667.64 (+ 67.76)
- PC/xPC Ratio: 23.2779 (+ 0.0029)
- TVL: $412,735.35
VexPOLYCUB:
- vexPOLYCUB Supply: 103,740.13 (+ 0.00)
- XPolycub Locked: 105,474.484 (+ 0.00)
- Polycub Locked: 2,455,224.491 (+ 305.876)
- TVL: $204,699.92
- xPC/vexPC Ratio: 1.0167 (+ 0.00)
Wrapping Fees: $0.24
- 0.30 HIVE ($0.17)
- 0.07 HBD
- 0 SPS ($0.00)
- 0.00 LEO ($0.00)
Oracle Staking: $22.75
- HBD: $17.43
- Hive: 9.68 HP ($5.33)
Kingdom Fees: $3.01
- WETH-WBTC LP: $0.13
- WETH-DAI LP: $0.01
- USD-BTC-ETH LP: $2.80
- DAI-USDT-USDC LP: $0.07
Total: $26.00
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
These numbers looks great. I hope Khal remember to claim the other HBD rewards in the @phbd-cold account. And that the p-HBD will keep growing as well. Kudos to the team. Great job, guys.
Posted Using LeoFinance Beta
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