Yes now, welcome to this week's RUG report!
See RUG's launch post for full details
Week 00013
Back once again, I missed last week's report due to a medical condition (STD) but im good as new again. The markets over the past week have been sideways to up a little and maybe things are starting to turn around. But we never know, the whole market could shit itself tomorrow again.
You can see below which LPs we are currently invested in by weight. The second chart shows how our LPs break down into single tokens.
As always, we are heavy on BNB. I did change a few things around this week but not too much. The APY for ETH/BNB went from 40% to over 200% so i added another $600 into that because seemed like a good time. I had to set new trades on FET/BNB as it was no longer paying but everything else is the same.
| Week | Circ RUG | Wallet $ | Harvest $ | HIVE to @rugem | HIVE to @dailydabs | DBOND Minted | RUG APY |
|---|---|---|---|---|---|---|---|
| 1 | 12,945.76 | $5,781.31 | $75.52 | 335.00 | 83.75 | 251.25 | 68.16% |
| 2 | 13,353.57 | $5,432.69 | $81.25 | 440.02 | 110.00 | 330.01 | 78.04% |
| 3 | 14,143.49 | $5,772.91 | $85.5 | 411.80 | 102.95 | 308.85 | 57.96% |
| 4 | 14,615.47 | $7,037.34 | $116.28 | 510.18 | 127.55 | 382.64 | 64.66% |
| 5 | 15,434.08 | $7,119.59 | $60.48 | 274.10 | 68.53 | 205.58 | 33.28% |
| 6 | 20,854.96 | $9,094.35 | $114.08 | 548.92 | 137.23 | 411.69 | 49.09% |
| 7 | 22,613.19 | $8,210.18 | $256.36 | 1369.54 | 342.38 | 1027.15 | 122.09% |
| 8 | 25,464.13 | $8,932.68 | $132.55 | 740.26 | 185.06 | 555.19 | 58.07% |
| 9 | 29,406.91 | $10,690.01 | $144.38 | 737.92 | 184.48 | 553.44 | 52.86% |
| 10 | 37,363.97 | 1$12,200.96 | $201.05 | 1133.85 | 283.46 | 850.39 | 64.49% |
| 11 | 43,028.10 | $13,153.30 | $89.02 | 532.28 | 133.07 | 399.21 | 26.48% |
| 12 | 35,206.69 | $12,050.84 | $158.48 | 868.89 | 217.22 | 651.67 | 51.31% |
| 13 | 36,994.68 | $13,064.55 | $187.51 | 958.53 | 239.63 | 718.90 | 56.02% |
This week was decent and dividends are 56% APY so we're still kicking ass and doing it better than any other project on HE. We almost bought back 1000 HIVE this week, 240 going to @dailydab and 720 going to RUG token holders as DBOND.
The RUG price increased by 1 cent this week, not much but better number up than number go down. We hope its a sign that the market is starting to turn.
Anyways, the public sale is now over and RUG will be relisted at its market value. I still have plans to distribute RUG directly through your HIVE wallet but im having some problems with updating the price and it'll take a few weeks to sort out. Until then, you can buy RUG here
RUG Rewards have been shipped already! See ya'll plebs next week.
Must be taking a bit. I had just looked to see if my rewards were there yet and they weren't. I'll keep waiting.
Wait, how did the amount of Rug in circulation drop so hard in week 12?