Mound (MND) Update as-of 23-Jan-2022

  • Venus Single Asset Vaults (Auto-compounding rewards back to the vault, we will charge 1% auto-compounding fee)
  • stBNB (Delegating BNB and auto-compound the rewards back to Validators, APY over 10%)
  • Bunny Fee Structure Revision (Will adjust according to the voting proposal)
  • Governance Revision & Forum (The community will better participate on the protocol governance thru Forum soon)
  • Busy Bunnies NFT Staking Vault (Privileges for voting, access to Private and Beta products, Fee reduction)

News

MND Status as-of 23-Jan-2022

Total MND Staked = 2.254 Million tokens (82.94% of total supplies)

  • 3 / 2.3 = 1.304 BUNNY/MND : 51% APR
  • 100 / 2.3 = 43.478 QBT/MND : 5.38% APR
  • 1 / 2.3 = 0.4347 polyBUNNY/MND : 137% APR
  • 0.00200 BUNNY/MND/day
  • 0.00710 QBT/MND/day
  • 0.05460 polyBUNNY/MND/month*
Mound Stats as-of 23-Jan-2022 01:30 UTC
  • 12,120 MND / 27.08 WBNB / APR% = 138.11%
MND/WBNB PCS Liquidity Pool

BUNNY/PolyBUNNY/QBT Status as-of 23-Jan-2022

PCB vs Qubit Stats as-of 23-Jan-2022
  • PancakeBunny xLP : 6 Pools with 3.2M USD TVL
PancakeBunny xLP Pools
  • PancakeBunny Venus Vaults : 5 Pools with 1.4M USD TVL
PancakeBunny Venus Vaults
  • Qubit x-Collateral TVL = 198 xETH from 13 suppliers
Qubit xETH
  • polyBUNNY in MND Vault : Accumulated Rewards since 17th Jan 2022 until now (23th Jan 2022 01.30UTC) = 23,077.375 tokens
polyBUNNY in MND Vault
  • 33 million QBT tokens (belong to the MND vault) on the QBT Deposit market
https://tin.network/en/dashboard -> 0xb67cc06bdc7a0d744991ba4611af37f7ea70f80d
  • BUNNY Supply Net Rate = 44.74%, Borrow Net Rate = -31.71%
  • 56.80K / 109.05K = 52.08% BUNNY tokens are borrowed
  • 153 BUNNY Suppliers vs 42 BUNNY Borrowers
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

https://qbt.fi/market

Thoughts

According to the “Bunny Fee Structure Revision” section in the PancakeBunny 2022 Roadmap,

Bunny 2022 Roadmap : Fee Structure Revision
Bunny 2022 Roadmap : BUNNY-BNB LP Reward Utilization
  • BUNNY Vault’s APY will be increased OR stabilized at X% soon
  • BUNNY Vault rewards will include BUNNY and “BNB” soon
  • MND Vault rewards will include QBT, polyBUNNY, BUNNY and “BNB” soon
  • BUNNY/BNB Liquidity will be gradually added soon (My guess is possibly Q2)
  • We will soon have some funds for marketing and burning purposes (My guess is possibly Q2)

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Tanate Sukonrattanamaetee

Tanate Sukonrattanamaetee

187 Followers

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