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.

You must read the official FIRST EVER PolyCUB Monthly Report tons of juicy data about the protocol revenue, wrapping volume, revenue deployment and more!

The protocol transferred 1,515 XPolycub to the VexPolycub vault, increasing the Vexpolycub/XPolycub ratio to 1.0167. This is equivalent to 35,201 Polycub locked away for the next 697 days! This was the first big payout to the VexPolycub vault and it will increase every month since the amount of Polycub in the vault is always increasing. This means more and more PC will leave the circulating supply over time.

I miscalculated yesterday's kingdoms fees revenue. I was using the Curve APY from the ETH network instead of the Polygon Network, there's not a huge difference between them but now it is fixed.

Wrapping fees for the SPS bridge are still broken, so getting out of P-SPS is free at the moment and the fee to turn SPS into P-SPS is lower than 0.5% for some reason. I've alerted the @leofinance team already but here goes another friendly reminder. Every cent counts.

Polycub Stats Aug, 17th 2022

POLYCUB:

Price: $0.104
Total POLYCUB Supply: 6,951,116
Market Cap: $720,325
New POLYCUB/block: 0.125 (5000 PC)
TVL: $1,921,135.32

xPOLYCUB

POLYCUB Staked: 4,849,940.45 (+ 37,030.67)
xPOLYCUB Supply: 208,732.834 (+ 1,571.068)
PC/xPC Ratio: 23.2352 (+ 0.0026)
TVL: $502,586.18

VexPOLYCUB:

vexPOLYCUB Supply: 103,277.789 (+ 12.574)
XPolycub Locked: 105,004.411 (+1532.666)
Polycub Locked: 2,439,798.490 (+ 35,880.828 / $3,731.60)
TVL: $252,829.25
xPC/vexPC Ratio: 1.0167 (+ 0.0147)

YESTERDAY REVENUE

Wrapping fees:

0 HIVE ($0.00)
$0.118 HBD
9.757 SPS ($0.682)

Oracle Staking

HBD: $25.26
Hive: 11.02 HP ($6.62)

Kingdom Fees

WETH-WBTC LP: $0.16
WETH-DAI LP: $0.01
USD-BTC-ETH LP: $3.69
DAI-USDT-USDC LP: $0.09

Total: $36,63

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

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Check out the last post from @hivebuzz:

	The Hive community is in mourning. Farewell @erikasue!
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POLYCUB Growth & Revenue Report #6