Yummy Update — 08
Dear community,
We are very happy to see you all again! Let’s bring you the latest of Yummy in this update!
This edition:
- News Update
- YUSD info on BSCscan
- WarriORE Hour featuring CEO Joe Foot
- Gladiator: Up-Down additional pools
- Gladiator burns introduction
- Staking partners wanted
- FOXV2 staking pool extended
- Yummy stats
- YUSD stats
- Staking platform stats
- Growth fund stats
- 10th Bonfire event results
- 11th Bonfire event results
🔸News Update🔸
It’s been a while since the last update was published. Last time around the hot topic was the Ethereum merge which happened mid-September. Since the merge the markets haven’t been that volatile and/or exciting. The worldwide economic troubles, inflation, Ukrainian war, European rising gas price and other macro events are all the cause of a very calm and low volume crypto market. We fully expect this trend to hold for the upcoming months and into next year.
On Sept 18th we had our first YummyV2 anniversary. It has been a year since we migrated to V2.
Since last update we have introduced several ‘’Gladiator up-down’’ pools and also an additional burn mechanic through the Gladiators. We added the YUSD info on BSCscan.com. Our CEO Joe Foot appeared on an episode of ‘’WarriORE hour’’ and we extended the FOXV2 staking pools. We also applied for the ‘’self-reporting dashboard’’ on Coinmarketcap. 👏🏼
Happy reading!
🔸YUSD info on BSCscan🔸
YUSD info is now fully visible on BSCscan. It shows the logo and relevant links. 👍🏼
🔸WarriORE Hour featuring CEO Joe Foot🔸
Our CEO Joe Foot appeared on another episode of ‘’WarriORE Hour’’. They talked about the benefits of staking, and some of the recent and future developments of Yummy.
Check this LINK for the full video. 🎥
🔸Gladiator: Up-Down additional pools🔸
It is our absolute pleasure to officially present the additional Gladiator Up-Down pools 🎉
- ETH Up, ETH Down
- CAKE Up, CAKE Down
- BTC Up, BTC Down
Check out the full article HERE.
🔸Gladiator burns introduction🔸
Since the inception of Yummy V2 the hyper deflationary aspect was always one of our top strengths and the buybacks and burns were a daily occurrence.
Unfortunately, since the market dropped, the LP farming yields we used through our Growth Fund weren’t sufficient enough to provide both staking rewards and burns. Therefore, the burns aspect of the Yummy plan came to a halt. Since then, the team has been looking at ways to implement a burn mechanism through our staking platform.
So, with that said, it is our absolute pleasure to officially present the newest mechanic in our Gladiator Up-Down pools 🎉
Gladiator Burns 🔥
Check out the full article HERE.
🔸Staking partners wanted🔸
We are looking for exciting opportunities to expand our partnerships by offering cost neutral staking pools and we invite you to join our staking platform!
Check out the full article Here.
🔸FOXV2 staking pool extended🔸
We have extended the ‘’Stake FOXV2, earn FOXV2'’ pool for another 90 days! Rewards will begin paying on October 15, 2022 at 6:00 PM UTC.
If you still have tokens staked on the Yummy-FOXV2, FOXV2-Yummy, or FOXV2-FOXV2 pools that have recently ended, you can locate the funds under the ‘Inactive’ tab. These are no longer generating rewards, so please unstake your tokens if you have not. Use this LINK for direct access to the staking platform. 👍🏼
🔸Yummy stats🔸
Price: $0.00000241
Total supply: 365,913,496,114
Circulating supply: 365,913,496,114
Market cap: $881,851
Total burned: 594,098,090,230
🔸YUSD stats🔸
Price: $0.48
Total supply: 750,000
Circulating supply: 423,746
Market cap: $203,398
🔸Staking platform stats🔸
Pools:
Yummy-Yummy total staked: 82,922,965,814 Yummy
YUSD-Yummy total staked: 376,100 YUSD
Vaults:
Yummy-Yummy 90 days total staked: 109,569,069,406 Yummy
Partners:
FOXV2-FOXV2 total staked: 36,778,663 FOXV2
Gladiator:
-
Inactive pools:
YUSD-Yummy total staked (inactive): 2 YUSD
Yummy-YUSD total staked (inactive): 102,445,277 Yummy
Yummy-Yummy 90 days total staked (inactive): 7,054,570,160 Yummy
Yummy-ORE total staked (inactive): 83,810,581 Yummy
Yummy-RISE total staked (inactive): 587,568,161 Yummy
RISE-Yummy total staked (inactive): 9,324,635 RISE
Yummy-FOXV2 total staked (inactive): 121,900,650 Yummy
FOXV2-Yummy total staked (inactive): 980,506 FOXV2
FOXV2-FOXV2 (inactive): 2,617,430 FOXV2
SAVEV2-SAVEV2 total staked (inactive): 10,953,160,420,032 SAVEV2
SAVEV2-Yummy total staked (inactive): 6,261,003,886,648 SAVEV2
Gladiator total staked (inactive): 34,125,000 Yummy
Total staked:
200,476,455,049 Yummy → $483,148
376,100 YUSD → $180,528
9,324,635 RISE → $3,170
40,376,599 FOXV2 → $59,474
25,642,297,580,572 SAVEV2 → $5,733
TVL:
$732,053
🔸Growth fund stats🔸
3,921 BNB in Validator Staking → $1,062,591
Net worth: $1,062,591
Total buybacks: $464,233
🔸10th Bonfire event results🔸
Bonfire Drawing is now complete 🔥🔥
The winner is
0x20b449fa92d3196b44ebdb883a4dcf421c9b6b18
Congratulations to the winner 🎩
Prize Pool:
121,267,356 Yummy
🔸11th Bonfire event results🔸
Bonfire Drawing is now complete 🔥🔥
The winner is
0xf45027e34a5cda79c4b4f759b749ce7975789a00
Congratulations to the winner 🎩
Prize Pool:
114,454,460 Yummy
This concludes the update. We hope everyone is able to take some proper actions to hunker down during the economic storm. We want to thank everyone that has been with us since the early days of Yummy V1 and the inception of V2 and we hope you will all be here for many more anniversaries to come. 🤝🏼🤝🏼
As always, Team Yummy will always keep working and building, especially during bear markets.
See you all next time, and please stay tuned for more content👍🏼👍🏼
Best,
Team Yummy