Week #61 Notice of Mushrooms
🌅 2021 is coming to the end with many unforgettable moments and we want to share sincere gratitude to our community for the amazing support. Merry Christmas and wish you Happy New Year!
Mushrooms will continue to flourish along the path towards DeFi innovation in 2022 with all of you. WAGMI🌟
💭 MM Token Distribution of Week #61
- Farming Pools (70%) distribution of week#61 is illustrated as following (emission cut is 4.29% from week#60)
from block#13904137 to block#13949963 on Ethereum,
from block#13896846 to block#14098446 on BSC,
from block #26185648 to block#26790448 on Fantom,
from block #23009865 to block#23249865 on Polygon.
(Please note Fantom & Polygon average block time may change significantly so the weekly block interval may vary).
- DevFund (25%) vesting same as farming pools to incentivize and support the hard-working team of Mushrooms Finance, same ratio as before. Part of this allocation also helps to cover the cost for system maintenance like incentives to keep3r network and provide base liquidity across markets.
- Treasury (5%) vesting same as farming pools for operations like code audit, community grants/bug-bounty program/moderator, marketing/campaign, liquidity provisioning, partnership, etc, same ratio as before.
🌉 Please note that since we use multichain.xyz to support cross-chain transfer of $MM tokens, we allocate the mining share of this week for BSC/Fantom/Polygon farming pools from team wallet via this cross-chain infrastructure to mining smart contract on BSC/Fantom/Polygon.
☄️ For cross-chain transfer between Polygon(Matic) & Ethereum, please use official Polygon PoS bridge and enjoy the “PlayToEarn” on ComethSwap farming and tube! Find more in our release blog.
💻 Security/Development/Integration
🏔️ New strategy for $XVS on BSC (yield-farming in Annex Finance) is already well deployed during the past week. Enjoy the new vault!
🔭Another new strategy for $WBTC on Ethereum (collateralize in MakerDAO and supply in Rari Capital Fuse) is also alive. Similar to our previous collateralized strategy, this one got its own CDP monitoring bot both from home-grown and external (Chainlink & Keep3r) to ensure quick response in market slump.
🎉Community/Ecosystem
🙌 We have applied collaboration with dForce to allow Mushrooms earning vault to mint USX on Ethereum & BSC. 💌 Please vote for Mushrooms!
🐒 Call for community to thumb-up for Mushrooms support in Ape Board and request forms to integrate Mushrooms Vaults/Farming are well submitted and received.
🧮 Numbers on Mushrooms
📋 Interested community members could find our summary on daily buyback of $MM in our DuneAnalytics dashboard and we have a discord bot channel dedicated to earning strategy `harvest()`. Currently strategy harvest() intervals are: Every 24 hours for each earning strategy on Fantom & BSC & Polygon.
🍄Buyback of MM Token in the past week was 50 MM (on Ethereum)
🎯 There are also other stats in our Dune Analytic dashboard for Ethereum and Polygon like total revenues earned and total users so far in Mushrooms Finance in the dashboard (We are working on dashboards for other deployed chains like BSC with some sync-up issue to be resolved):
💬 Join Mushrooms Forest
- Discord https://discord.gg/azeHDXA4BF
- Twitter https://twitter.com/MushroomsFinan1
- Medium https://blog.mushrooms.finance/
- Email contact@mushrooms.finance
- Website https://mushrooms.finance
- Github https://github.com/mushroomsforest/
- Telegram https://t.me/mushroomsfinance
