RubySwap Monthly Burn #7 May 2022

crypt osi
2 min readMay 16, 2022

The crypto market is down massively, Ruby is no exception this month, however work is continuing despite some puzzling and personal attacks on the project by one of the so-called EGEM CORE devs. With one update to Egem core over the past 3 years and absolutely 0 other code contributed by this character. Anyway in the interests of limiting the drama, lets carry on with the monthly burn information, which now includes Token velocity metrics and will be available as an NFT for purchase on the Bidify app at some point this month.

But we know you’ve come to this post to read the burn stats and they are as follows:

Time for the all important numbers……

  • 471019 Ruby Burned
  • USD Value of Ruby burnt = $859 at time of burning

Proof of burn : — https://blockscout.egem.io/tx/0xd42ced13a4ded8de5ccd3c720d5d622b0671705cd758309391e26749f89f419f/token-transfers

Token Velocity Stats

Number of transactions this month: 34463–247051 (total)

Number of transactions last month: 212588 (total)

Percentage change: N/A

Web Traffic Stats

Number of visitors this month: 167 users — 1.3k sessions

Number of Visitors last month: 207 users — 2.1K sessions

Percentage change: -20 % Users & -38% sessions

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — -

Also as planned we released a new version of RubySwap which includes APR stats, Database for faster loading of NFTs and some other UI improvements. We will continue to develop and push RubySwap on behalf of the community.

rubyswap.finance

--

--

crypt osi

Blockchain Expert | PM & Advisor | Passionate about decentralized tech, fostering innovation & growth, and sharing insights on Medium.