Mound (MND) Update as-of 21-Nov-2021

1M polyBUNNY in MND Vault


  • 1 million polyBUNNY started farming for MND vault on Nov 16 2021 UTC -> Link
  • Qubit Major Update (Cross-Chain Collateral, Leveraged Liquidity Provider, Supply & Borrow Bunny) -> Link
  • Busy Bunnies on will buy back and burn BUNNY!!! -> Link
  • Qubit on BSC Defi Expo -> Link

MND Status as-of 21-Nov-2021

Mound Stats as-of 21th Nov 2021 06:30 UTC
  • MND tokens = 12,460 MND
  • WBNB tokens = 59.03 WBNB
  • APR% = 145.48%
MND/WBNB PCS Liquidity Pool

PCB/QBT Status as-of 21 Nov 2021

  • Accumulated treasury amounts from Prediction Market increased from 4.1688 BNB last week (14 Nov 2021) to 4.7215 BNB today (21 Nov 2021).
Prediction Market Treasury Amount
PCB vs Qubit Stats as-of 21Nov 2021

MND Valuation as-of 21 Nov 2021

  • BUNNY = 3,000,000 tokens @ 2.91 USD : 57% 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
  • QBT = 100,000,000 tokens @ 0.039 USD : 5.28% APR
    Note: After monitoring the results, the QBT reward rate has been declined from 0.0122 QBT/MND (14 Nov 2021) to 0.0111 QBT/MND (21 Nov 2021) and my model indicates that the reward rate could keep being declined to 0.0065 QBT/MND or 5.28% APR.
  • polyBUNNY = 1,000,000 tokens @ 0.879 USD : 146% APR
    Note: The polyBUNNY maxi APR rate keep declining, it seems to me like the polyBUNNY accumulated rewards in the pool will be empty soon. Since the FRE mechanism is now using all fees to buy back polyBUNNY from the market instead of minting new ones, so we haven’t had remaining fees to fill-in rewards to the polyBUNNY maxi pool.
  • 3 / 2.485 = 1.2079 BUNNY
  • 100 / 2.485 = 40.2414 QBT
  • 1 / 2.485 = 0.4024 polyBUNNY

MND Vault Reward Prediction next week

30-Days-Amortization reward rate prediction on 22–27 Nov 2021
Mound Vault PolyBunny Farming & Reward Distribution Mechanism


Qubit : X-Collateral
Qubit : XLP
Alpaca Finance : Stable Coin USDT-BUSD LP 3x Leveraged Yield Farming
Bunny on Qubit




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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Cryptocurrency in the light of Islamic Finance

DDI Blockchain Weekly (September 10th — 16th)

For NFTD — How to Connect MetaMask to Binance Smart Chain

Bitcoin Bear Market Comparison Says It Is Almost Time For Bull Season

We are Thrilled To announced Third IDO & Happy To Get Strategic Partnership With ERAX LAUNCHPAD !!

DigitalFlyer® and Community Business Token: Breaking Barriers and Transforming Communities

Why I Wish Invested in Crypto Instead of Stocks


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

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

More from Medium

Price Analysis, Closed Beta Starting, Investment Caps, Institutional Partner Announcement, and…

3 Ways to Stake CDS & CDS/ETH LP

The Bistroo Breakdown : Monthly Progress Report — February 2022

Crypto Pay Guide — Compensation Model