Yummy Update — 02

Yummy Crypto

Published in

Coinmonks

5 min readApr 29, 2022

Dear community,

It’s great for us to see you here again! Let’s bring you the latest and greatest of Yummy this update.

This edition:

News update
YUSD announcement
Staking partnership with ORE
Podcast announcement
Yummy staking tutorial
Cinder first information
Yummy stats
YUSD stats
Staking platform stats
Growth fund stats
3rd Bonfire event results
26th Weekly burn
27th Weekly burn

🔸News update🔸

We hope everyone in celebration had a good Easter holiday!

Since the last update we have started a new staking partnership and secured the next one.

CEO Joe Foot appeared in a VC and talked about ‘’Project Cinder.’’

A temporary Yummy to YUSD swap option has been introduced. A podcast with Joe Foot which was recorded a while ago has finally been uploaded.

Also another Bonfire event has been held and 2 weekly burns🔥

The crypto market overall has seen some major dips and bearish signals. Mentions of another crypto winter are more common on socials platforms. As time passes by we take huge benefit of our Growth Fund working in the background and giving us the most valuable thing right now, which is time!

Team Yummy doesn’t fear bearish market signals and we keep working on all the next big steps in the meanwhile👍🏼👍🏼

🔸YUSD announcement🔸

For a very limited time and up to a cap of $150,000, we will be offering YUSD to Yummy conversion (with 9% fee) meaning you can buy YUSD with Yummy without needing BUSD or BNB.

This is for a VERY Limited time or until $150,000 is reached.

DM @MehoRaw for details.

🔸Staking partnership with ORE🔸

It is our absolute pleasure to announce our first staking partner!🤝🏼🤝🏼

The ORE-System!

Please take a look at the official announcement’s article.

🔸Podcast announcement🔸

Our CEO Joe Foot appeared on the ‘’Two Guys One Topic’’ podcast. The discussed topics were NFT’s, Crypto in general and a little bit of Joe’s background.

For the podcast click on this link.

🔸Yummy staking tutorial🔸

We have published another staking tutorial called ‘’Staking Contracts.’’ This tutorial goes in depth about the life cycle and functions of a staking contract. The response to this article was very positive and it gained attraction from Coinmonks on Medium. We are now allowed to publish on their page 👍🏼👍🏼

Here is direct link to the staking tutorial article.

🔸Cinder first information🔸

On Apr-27th-22 Joe Foot held a voice call in the Yummy TG room and shared the first information regarding Cinder. He revealed how Cinder involves the draining/revival/migration of other projects. The idea is to use their LP funds to add to our Growth Fund.

The stages of Cinder are:

1) Embers
2) Ignition
3) Blaze
4) Inferno

Embers involves the drain of other projects LP’s. Those projects are either dead or abandoned. There are also several stages of how another project can be merged into Cinder, for example fully absorbed under the Cinder Token or a so called ‘’soft merge’’ which would mean a partnership with Cinder of some sort but the project still has its own road map and business model.

The general idea is to boost the Growth Fund massively.

The full VC is recorded and can be re-listened in our TG room, please check it out!

A Cinder dedicated article is also planned, stay tuned for that!

🔸Yummy stats🔸

Price: $0.000008003

Total supply: 405,901,909,770

Circulating supply: 364,725,754,612

Market cap: $2,918,900

Total burned: 594,098,090,230

🔸YUSD stats🔸

Price: $1

Total supply: 750,000

Circulating supply: 419,662

Market cap: $750,000

🔸Staking platform stats🔸

Pools:
Yummy-Yummy total staked: 66,133,302,765 Yummy

Yummy-YUSD total staked: 9,009,671,756 Yummy

YUSD-Yummy total staked: 404,341 YUSD

Vaults:
Yummy-Yummy 90 days total staked: 92,082,657,207 Yummy

Partners:
Yummy-ORE total staked:32,832,611,227 Yummy

Total staked:
200,058,242,955 Yummy

404,341 YUSD

TVL:
$2,005,407

🔸Growth fund stats🔸

Net worth: $1,257,443.57

Total buybacks: $407,986.98

🔸3rd Bonfire event results🔸

The 3rd Bonfire event was held on April-29th-2022, these are the results:

Winner of this round is:
0xe3d84469aee59d28e7fc4b9c261731bb16039c31

Who will receive 238,200,000 Yummy tokens as a prize!

Congratulations to the winner 🤝🤝

🔸26th Weekly burn🔸

🔥Our WEEKLY BURN is now completed!

1,405,042,664 Yummy are now gone forever (around $15,000 at current prices)🔥🔥

Source of funds was Thanos kicking ass as usual 👍🏼

This marks our 26th WEEKLY burn 👍🏼

In their short lifespan Thanos and V2 have burnt almost $1,005,000 equivalent in just 200 days which amounts to 93.1B tokens or 465M tokens a day!

TX this Week Burn:
https://bscscan.com/tx/0xef02f0143dc80c0d0de5021077991456b842a2d189131311c1e67f6797317111

🔸27th Weekly burn🔸

🔥Our WEEKLY BURN is now completed!

955,523,282 Yummy are now gone forever (around $9,000 at current prices)🔥🔥

Source of funds was Thanos kicking ass as usual

This marks our 27th WEEKLY burn 👍

In their short lifespan Thanos and V2 have burnt almost $935,000 equivalent in just 207 days which amounts to 94.1B tokens or 454M tokens a day!

TX this Week Burn:
https://bscscan.com/tx/0x14639e14d8e96465202341c8cda910475249f44be4094f36fcdfc1b8fb058d78

This concludes our update. We wish everyone a great weekend and please stay tuned for more content👍🏼👍🏼

Best,

Team Yummy

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Yummy Update — 02

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Written by Yummy Crypto