Mound (MND) Update as-of 01-Jan-2022

  • The BUNNY reward rate has been declined from 20,000 BUNNY/day to around 4,000 BUNNY/day
  • The QBT reward rate started with 16,000 QBT per day and increased to 35,000 QBT per day then declined to 18,000 QBT per day.
BUNNY & QBT Reward Distribution from MND Vault
  • So far, the rewards distributed to 1 MND includes around 0.45 BUNNY, 1.05 QBT and 0.06 polyBUNNY
MND Vault Staker — Accumulated Rewards per 1 MND
  • So far, 4 QBT tranches (4 x 8.33M = 33.33M tokens) from MND vault have been added to the Qubit Deposit Market
MND Vault’s QBT on Deposit Market

News

  • BUNNY>WBNB Pool will come back soon
  • Single Asset Vaults (SAV) utilizing Venus will come back soon
  • New business model for polyBunny will be voted soon
Bunny 2021 Recap

MND Status as-of 01-Jan-2022

Total MND Staked = 2.246 Million tokens (82.64% of total supplies)

  • 3 / 2.3 = 1.304 BUNNY/MND : 52% APR
  • 100 / 2.3 = 43.478 QBT/MND : 5.38% APR
  • 1 / 2.3 = 0.4347 polyBUNNY/MND : 166% APR
  • 0.0022 BUNNY/MND/day
  • 0.00806 QBT/MND/day
  • 0.0643 polyBUNNY/MND/month*
Mound Stats as-of 01-Jan-2022 04:00 UTC
  • 11,900 MND / 38.52 WBNB / APR% = 61.64%
MND/WBNB PCS Liquidity Pool

BUNNY/PolyBUNNY/QBT Status as-of 01-Jan-2022

PCB vs Qubit Stats as-of 01-Jan-2022
  • polyBUNNY in MND Vault : Accumulated Rewards since 16th Dec 2021 until now (1st Jan 2022 04.20UTC) = 73,108 tokens. For 30 days, we should get around 140,000 tokens.
polyBUNNY in MND Vault
  • 33 million QBT tokens (belong to the MND vault) on the QBT Deposit market
  • BUNNY Supply Net Rate = 67.24%, Borrow Net Rate = -56.44%
  • 93.50K / 164.03K = 57% BUNNY tokens are borrowed.
BUNNY Supply & Borrow Market on Qubit

Accumulated BNB for buying back & burn BUNNY

According to my update on 18-Dec-2021, the estimation shows that the accumulated BNB in our treasury
= 453 + 28 + 12.60 + 5.59 = 499.19 BNB

Accumulated reserved assets on Qubit Platform

As-of 01-Jan-2022 04:20UTC, the BSC Qubit protocol fees are around 843,000 USD and can be separated as the following assets:

Twitter : Qubit Roadmap

Thoughts

For this week, honestly, I have nothing to discuss about because we will need to wait for the voting proposal regarding polyBunny’s new business model, the BSC Bunny tokenomics adjustment, Bunny roadmap in 2022 and more.

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Tanate Sukonrattanamaetee

Tanate Sukonrattanamaetee

187 Followers

A Software engineer who loves reading and sharing any interesting and useful things