Yes now, welcome to this week's RUG report!
See RUG's launch post for full details
Week 0031
Its been a few weeks since the last update, not alot has changed and teh market has been bouncing up and down for what feels like forever. Because the market has not been pumping, we have not been earning huge amounts of fees. With that said, our ARY still has never dropped under 30% so make of that what you want.
Not really switched up any LP tokens we are earning from, I did add one new one. NEAR/BNB. The APY is decent and NEAR is a top 50 token so no worries of it being a rug pull. Oh wait, TRUMP is a top 50 token, well, thats the exception I guess, the other 49 are not. lol
See our LPs and assets by weight in the 2 charts below.
After a few rubbish weeks, we've bounced back and had a good one this week with dividends back up to a decent amount. We sold 5-6k tokens this week so the circling supply is at new-time highs.
The RUG token price has been going sideways for the past few months with not much happening in the market. There are pumps and dumps not because these last for hours, they are seen in own weekly chart.
Things are still going well, i would prefer there was more trading volume and we were earning more fees but it'll come. To date, investors that brought in during the presale are at 1 HIVE each have got back 28.83% of their initial investments as DBOND rewards. Not too bad for 31 weeks, thats almost 1% back per week.
I track anything, here's an example of someone who bought 100 RUG tokens for 200 HIVE at launch. To date, you'll have received 57.65 DBOND as a reward which is 28.83% of your initial investment. I always say RUG is a dollar-valued token but we bought it with HIVE so I guess most see it as a HIVE investment so thought you might find that interesting and you have an idea of how your investment is going.
Anyways, the public sale is now over and RUG will be relisted at its market value. I still have plans to distribute RUG directly through your HIVE wallet but im having some problems with updating the price and it'll take a few weeks to sort out. Until then, you can buy RUG here
RUG Rewards have been shipped already! See ya'll plebs next week.
