Yummy Update 10
Dear Yummy community,
We are excited to share with you some updates. Everything major that went on in the last couple of weeks is included in this article.
Happy reading!🎉🎊
This edition:
- News Update
- NFT refund end
- Staking Pool Announcement: FOXV2-FOXV2
- New Bonfire rules
- AMA with CEO Joe Foot
- New Twitter page
- Yummy stats
- YUSD stats
- Staking platform stats
- Growth fund stats
- 29th Burn report
- 30th Burn report
- 31th Burn report
🔸News Update🔸
Dear Yummy community,
Firstly, we are happy to report that the crypto markets have been showing some improvements lately. Binance in particular is showing some major strength together with BitCoin and Ethereum. Also interesting to see an increased hype around meme coins, PEPE in particular. The word has been going that alt-season is being skipped straight into meme-season this time, although this should definitely being taken with a grain of salt.
Secondly, we have decided to increase our token burning rate a bit in order to strengthen the value of our tokens. Changing up the Bonfire rules has been crucial to increase the rate. Burning tokens at a faster rate will help to provide better returns to our investors, increase an eventual price floor and improve the overall performance of our platform.
Finally, we have launched a new Twitter page to keep our community informed about all the latest developments and updates from Yummy. We encourage you to follow us on Twitter to stay up-to-date on all the news.
🔸NFT refund end🔸
We’ve had an over 100 days period in which we offered the NFT refund and we believe we have given enough time for holders to consider disposing of their NFTs.
Hence the NFT refund is now CLOSED with no further applications accepted.
Around 60 BNB were dispensed with around 6–8 BNB still pending.
We appreciate the support of the community as the vast majority of holders have decided to hold their NFTs👍🏻
And while we make no claims on the future utility of NFTs, it is our plan to continuously incorporate them in future developments, even within the Cinder ecosystem 🔥
🔸Staking Pool Announcement: FOXV2-FOXV2🔸
The Stake FOXV2, Earn FOXV2 pool has been extended for another 90 days 🔥🔥
Click this LINK to go to our staking platform directly.
Big shoutout to the FOX Finance team & community 👍🏻
🔸New Bonfire rules🔸
Due to many requests and to keep things interesting we are changing the rules to the Bonfire Draw!!
1) Bonfire Address is located at
0xc6116cE0a48bF5B57263bf2fE20d72787496Df17
2) There is no other address, this is the ONLY Bonfire official address. You can use the #bonfire command to get the address. Do not trust any DMs from anyone.
3) You can now contribute more than 1M and each million sent will count as 1 entry.
4) The Bonfire no longer has a specific drawing day. Instead whenever it reaches 250M, the draw will be executed and a new pool will start the same day.
5) Each pool is seeded with 150M from the project.
6) Bonfire will have a minimum duration of 48 hours even if the 250M target is already reached to prevent early snipping 👍👍
Let’s see how the new changes play out!! 🔥🔥
🔸AMA with CEO Joe Foot🔸
An AMA with CEO Joe Foot was held on Telegram. Joe discussed some of our future plans regarding Cinder and news around the crypto market and Binance. The full recording can be found in our official Telegram group.
🔸New Twitter page🔸
As all of you know our original Twitter page has been permanently suspended after the shilling contest we held last year. And after multiple attempts to get it reactivated we came to conclusion that the appealing won’t do it and it’s time to move on. Therefore we are happy to announce the launch of our new TWITTER page!
This is a back-up profile we created about 8 months ago and as you can see it’s still fairly empty of followers, so please take your time to support and give us a following on it. We intend to keep the engagement on it as organic as possible, therefore we have no plans to artificially boost following. We do intend to use future Gladiator Pools to promote it heavily and attract followers that way.
The Twitter page will once again be our main platform for announcements, updates, bonfire results etc, although we will keep using Medium for the longer articles because of its possibilities. Joe will aim to also provide longer threads about topics such as “Binance fud” and “market sentiment” on the Twitter page from time to time.
Because we still don’t know exactly what the reason was our previous page was suspended (they never followed up on it to this day) we can only assume it was the excessive use of “@YummyCrypto” in our shill posts. Therefore I kindly ask everyone shilling it to NOT use the “@Yummy_V2”, instead use the following hashtags:
#YummyV2 #YummyGladiators #YummyBonfire
You can always summon these tags in this chat by typing #shillhashtags.
See you all on Twitter 👍🏻👍🏻
🔸Yummy stats🔸
Price: $0.000002417
Total supply: 401,871,409,460
Circulating supply: 365,223,726,173
Market cap: $882,745
Total burned: 598,128,590,540
🔸YUSD stats🔸
Price: $0.635
Total supply: 750,000
Circulating supply: 385,591
Market cap: $244,850
🔸Staking platform stats🔸
Pools:
Yummy-Yummy total staked: 163,449,444,729 Yummy
YUSD-Yummy total staked: 377,298 YUSD
Vaults:
-
Partners:
BRAINS-BRAINS total staked: 14,520,563 BRAINS
FOXV2-FOXV2 total staked: 44,867,099 FOXV2
Gladiator:
-
Inactive pools:
YUSD-Yummy total staked (inactive): 2 YUSD
Yummy-YUSD total staked (inactive): 92,349,101 Yummy
Yummy-Yummy 90 days total staked (inactive): 6,788,515,762 Yummy
Yummy-Yummy 90 days total staked (inactive): 465,388,830 Yummy
Brains-Yummy total staked (inactive): 9,326,391 BRAINS
Yummy-ORE total staked (inactive): 83,810,581 Yummy
ORE-ORE total staked (inactive: 262,006,282,849,996 ORE
Yummy-RISE total staked (inactive): 337,095,976 Yummy
RISE-Yummy total staked (inactive): 9,209,817 RISE
Yummy-FOXV2 total staked (inactive): 117,104,481 Yummy
FOXV2-Yummy total staked (inactive): 223,352 FOXV2
FOXV2-FOXV2 (inactive): 151,280 FOXV2
FOXV2-FOXV2 (inactive): 247,474 FOXV2
SAVEV2-SAVEV2 total staked (inactive): 9,149,138,633,535 SAVEV2
SAVEV2-Yummy total staked (inactive): 5,117,513,166,328 SAVEV2
SAVEV2-SAVEV2 total staked (inactive): 3,936,049,679,016 SAVE2
Gladiator total staked (inactive): 4,426,164 Yummy
Total staked:
171,338,135,624 Yummy → $414,124
377,300 YUSD → $239,585
9,209,817 RISE → $1,423
45,489,205 FOXV2 → $30,127
18,202,701,478,879 SAVEV2 → $4,621
262,006,282,849,996 ORE -> $15,628
23,846,954 BRAINS -> $3,050
TVL:
$708,558
🔸Growth fund stats🔸
3,880 BNB in Validator Staking → $1,276,520
Net worth: $1,276,520
Total $YUMMY buybacks: $471,483
🔸29th Burn report🔸
🔥To ensure everyone stays warm during the Winter, we are sending some Yummy to the burner!🔥
1,003,941,683 Yummy are now gone forever (around $2,000 at current prices)
This marks our 29th WEEKLY burn 👍
In their short lifespan Thanos and V2 have burnt 96.1B tokens!
TX of the Burn:
https://bscscan.com/tx/0x00095d1e4b71ac94f912ed4e2b2e34db3e08d202cbad413a6f9f400d5df339d0
🔸30th Burn report🔸
🔥Temperatures are getting kinda low so we decided to BURN some Yummy!🔥
1,020,324,809 Yummy are now gone forever (around $1,800 at current prices)
This marks our 30th WEEKLY burn 👍
In their short lifespan Thanos and V2 have burnt 97.2B tokens!
TX of the Burn:
https://bscscan.com/tx/0xdf8e7237f8e4c2ea2c3c7eb82a737edb987439e4dc9579ed8e4c3f73e7c4f1c1
🔸31th Burn report🔸
🔥Recent Volumes have been pretty good so we decided to go ahead and BURN some Yummy!!🔥
1,004,054,146 Yummy are now gone forever (around $2,600 at current prices)
This marks our 31th WEEKLY burn 👍
In their short lifespan Thanos and V2 have burnt 98.2B tokens!
Yummy has gone through the ringer and back but the mechanism to Buyback and Burn tokens 🔥 is as sound as ever!
TX of the Burn:
https://bscscan.com/tx/0xfd0acec1a65a7beb6d9d7c45db590b926b6cd41fceb210db55e5e18e56d8ead6