Mound (MND) Update as-of 18-Sep-2021

Highlights this week

  • PancakeBunny’s Qubit SAV has been launched with very high APY and already reached 100M USD TVL as-of 18 Sept 2021 12:00 UTC -> Link
    Note : Read more about Qubit SAV here
  • The principal + rewards of polyBUNNY tokens (in polyBUNNY maxi pool) held by the Dev team = 894,662 + 412,614 = 1,307,276 tokens. Plus, additional “35,380” polyBUNNY sitting in the wallet without farming -> Link
  • Burned 11,281.787 BUNNY got from the BUNNY pots -> Link
  • The new product, BUNNY Prediction Market has already been launched on 14 Sept 2021. So, we will have more BUNNY burning soon -> Link

Mound Vault TVL & Status

As-of 18th September 2021 12:30 UTC, the Mound Vault numbers are as follows:

Mound Stats as-of 2021–09–18 12:30 UTC

Insights

Mound Bulletin as-of 11 Sept 2021
  • bQBT Vault (TVL 2.144M USD / 12M bQBT / 55.06% APR)
  • bQBT/BNB LP pool (TVL 0.574M USD / 1.6M bQBT / 397.56% APR)
  • Deposit QBT (TVL 5.47M / 30.7M QBT/ 26.92% APY +52.25% APR)
Possible pools for 8.33M QBT farming for MND Vault
qScore = 19.623M as-of 18 Sept 2021 13:00 UTC
bQBT token supply = 13.633M as-of 18 Sept 2021 13:00 UTC
MND Vault : Still hold 100M QBT & Farm only 3M BUNNY on BUNNY Maxi Pool
  • BUNNY = 3,000,000 tokens @ 4.63 USD : 71% APR
    Note: Since 19 Aug until now, the Bunny Maxi pool hasn’t got the performance fees to boost its APR because the FRE mechanism is now using all fees to buy back BUNNY from the market instead of minting new ones
    Need to understand BUNNY FRE -> Read my FRE article here
  • polyBUNNY = 0 tokens @ 1.84 USD : 221% APR
  • QBT = 100,000,000 tokens @ 0.18 USD : 0% APR
  • 3 / 2.4175 = 1.241 BUNNY
  • 0 / 2.4175 = 0 polyBUNNY
  • 100 / 2.4175 = 41.365 QBT
  • This number is the daily reward actually generated by Mound vault not counting the 75-days-accumulated BUNNY rewards from previous months
  • You may notice that the APR on the Mound website showing 120% APR but please keep in mind that the rewards distributed this month includes both the 75-days-accumulated BUNNY rewards and the actual daily reward.
  • On 10 Sept 2021, reward rate is 0.0096 BUNNY / MND per day
  • On 11 Sept 2021, reward rate is 0.0093 BUNNY / MND per day
  • On 12 Sept 2021, reward rate is 0.0091 BUNNY / MND per day
  • On 13 Sept 2021, reward rate is 0.0089 BUNNY / MND per day
  • On 14 Sept 2021, reward rate is 0.0086 BUNNY / MND per day
  • On 15 Sept 2021, reward rate is 0.0084 BUNNY / MND per day
  • On 16 Sept 2021, reward rate is 0.0082 BUNNY / MND per day
  • On 17 Sept 2021, reward rate is 0.0079 BUNNY / MND per day
  • On 18 Sept 2021, reward rate is 0.0077 BUNNY / MND per day
30-Days-Amortization rewards during 10–24 Sept 2021

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tanate Sukonrattanamaetee

Tanate Sukonrattanamaetee

187 Followers

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