Week #64 Notice of Mushrooms

Mushrooms Finance
Mushrooms Finance
Published in
4 min readJan 17, 2022

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All sorts of looking but sharing same nature in heart for Mushrooms

We believe DeFi is the utmost thrust to the decentralized metaverse everyone aspires to. Within Mushrooms Finance, our goal is to provide our community an one-stop destination for all mainstream needs in crypto like asset management and portfolio rebalancing. Glad to grow this tiny but robust project with all of you and more to come in next weeks. 🚇

https://twitter.com/MushroomsFinan1/status/1481918714295758850

💭 MM Token Distribution of Week #64

(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 or Chainlink upkeep networks 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.
Week#64 $MM token emission schedule

🌉 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 various cross-chain bridges to mining smart contract on BSC/Fantom/Polygon.

$MM cross-chain via multichain.org for BSC/Fantom

☄️ 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.

Joint-Farming in ComethSwap for $MM & $MUST on Polygon

💻 Security/Development/Integration

🍄 We’ve added two more charts to Mushrooms dashboard in Dune Analytic: one for the ratio of staked MM in Super Mario pool(eligible for buyback share) against emission hardcap(721704) and another for Super Mario staked hodlers which is eligible for governance vote as well.

Super Mario stats in Dune Analytic dashboard

🔋 MushMon benchmark performance update for last December shows its power against market volatility as always throughout 2021.

https://blog.mushrooms.finance/introduction-to-mushmon-3a3518ebd3fd

🆕 earning vault is going to be alive this week with attractive profit on Fantom Opera chain. Get ready for happy earning ser:)

Mushrooms proudly optimize yield-farming in Fantom Opera chain

🎉Community/Ecosystem

🙌 We have applied collaboration with dForce to allow Mushrooms earning vault to mint $USX on Ethereum & BSC. 💌 Please vote for Mushrooms!

https://forum.dforce.network/t/proposal-to-allow-mushrooms-earning-vault-to-mint-usx/698

🐒 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.

Please vote for Mushrooms to get listed in Ape Board! 🍄

🧮 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()`.

🍄Buyback 739 $MM in the past week (on Ethereum)

https://dune.xyz/queries/15358/32868

🎯 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 (please note there might be some delay for different chains to sync-up):

Users and Revenues in Musrooms Finance on Ethereum

💬 Join Mushrooms Forest

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Mushrooms Finance
Mushrooms Finance

Let us indulge ourselves a little bit in the mushrooms. Shroom High!!