Week #78 Notice of Mushrooms
👮 In terms of crypto regulation, New York State Senator Kevin Thomas has submitted a new request to amend the bill to establish certain offenses related to rug draws and other fraud related to the distribution of virtual tokens, misuse of private keys, and hidden interests in crypto projects.
🔒 Another catastrophic security incident occurred this week, — a NFT project called the “Akutars” caused its user to suffer a permanent loss of $35M due to a miscalculation in its NFT refunding mechanism. True tragedy.
💭 MM Token Distribution of Week #78
- Farming Pools (70%) distribution of week#78 is illustrated as follows (emission cut is 4.29% from week#77)
from block#14683196 to block#14729022 on Ethereum,
from block#17324063 to block#17525663 on BSC,
from block #37609665 to block#38281665 on Fantom,
from block #27769882 to block#28049882 on Polygon.
(Please note Fantom & Polygon average block time may change significantly so the weekly block interval may vary).
- DevFund (25%) vesting the same as farming pools to incentivize and support the hard-working team of Mushrooms Finance. 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.
🌉 Please note that since we use tools like multichain to support the 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 the cross-chain transfer between Polygon(Matic) & Ethereum, please use the official Polygon PoS bridge and enjoy the “PlayToEarn” on ComethSwap farming and tube! Find more in our release blog.
💻 Security/Development/Integration
💻 Our dev team is actively integrating with a popular web3 ID service provider and hopefully, we could deliver the feature to enable a better user experience together this coming week on Ethereum mainnet.
⏳ At the same time, our good-record earning vaults continue to expand on multiple chains: a new vault should be ready on Avalanche soon and our migration of $CAKE vault on BNB Chain is also in process. Stay tuned with Mushrooms for more exciting and reliable earning opportunities.
🎉Community/Ecosystem
❣ H/T to The Dapp List and TheCryptoTherapist, which mentioned Mushrooms as a curated project last week.
🗳 We have applied a listing support request on APY Vision. Please vote for Mushrooms and we need your support!
🧮 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 1709 $MM in the past week (on Ethereum)
🎯 There are also other statistics 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
