Week #69 Notice of Mushrooms
🌐 As a firm supporter in Bitcoin and crypto, El Salvador’s president Nayib Bukele anounced in social media that since 2021(when the adoption of ₿ as legal tender began), GDP of El Salvador grew 10.3% throughout the year which is a historical record of double digit growth never happened before.
And quite recently, Ukraine in Europe legalized ₿ as they believe cryptocurrency is an unstoppable global trending nowadays.
With so vibrant ecosystems in crypto like DeFi, NFT, Metaverse, GameFi ,etc, more and more will join this mega-evolution together to reshape the future which belongs to all of us.
💭 MM Token Distribution of Week #69
- Farming Pools (70%) distribution of week#69 is illustrated as following (emission cut is 4.29% from week#68)
from block#14270753 to block#14316579 on Ethereum,
from block#15509654 to block#15711254 on BSC,
from block #31561656 to block#32233656 on Fantom,
from block #25249873 to block#25529873 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 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.
🌉 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.
☄️ 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
📜 Mushrooms team have presented an user-case analysis for interested community members regarding to trade crypto and investment with MushMon. Production data shows 8% ~ 50% USD valuation increase on various crypto portfolios(BTC/MATIC/FTM).
🤩 Mushrooms earning vaults are integrated into AMAZING Coindix which is an information aggregator for different crypto earning opportunity. Really appreciate to all the voters for Mushrooms listing and Coindix team. To whom might be curious how to get Mushrooms APRs programmatically, here is a cheat-sheet in javascript.
👓 Updated $ALPACA strtegy which put portion of lending profit from Alpaca Finance in Pancake LP farming is now alive on BSC.
🔺New UI for each earning vault performance should be ready within this week to bring more insights(vault ratio trending, harvest/buyback history, etc) to its users hopefully while a new earning vault on Avalanche is in active development as well. Stay tuned for more:)
🎉Community/Ecosystem
💞 H/T to our community member Cyber Strategy who always supports mushrooms !
🙌 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()`.
🍄Buyback 7456 $MM in the past week (on Ethereum)
🎯 There are also other stats in our Dune Analytic dashboard for Ethereum/ Polygon/BSC 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):
💬 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
