Yes now, welcome to this week's RUG report!
See RUG's launch post for full details
Week 0005
It's a short 5-6 day week for us after last week's long week but we're back on track and things will be back to normal for next week. I had to reset our SOL/BNB LP and I added more funding into the BONK/BNB LP as its APY is still decent.
Please see below the LP's we are involved with and what assets we hold.
Not much change as you can see. SOL/BNB is our biggest LP and im trading only on BSC at the minute so not surprising to see BNB as the top holding. Right now because RUG is small, we can cherry-pick the best LPs and almost go all in on them. If we had $50k under management, we might be more diverse.
The dollar value of the RUG dropped 2 cents this week as the market has gone almost sideways with some things up and others down.
| Week | Circ RUG | Wallet $ | Harvest $ | HIVE to @rugem | HIVE to @dailydabs | DBOND Minted | RUG APY |
|---|---|---|---|---|---|---|---|
| 1 | 12,945.76 | $5,781.31 | $75.52 | 335.00 | 83.75 | 251.25 | 68.16% |
| 2 | 13,353.57 | $5,432.69 | $81.25 | 440.02 | 110.00 | 330.01 | 78.04% |
| 3 | 14,143.49 | $5,772.91 | $85.5 | 411.80 | 102.95 | 308.85 | 57.96% |
| 4 | 14,615.47 | $7,037.34 | $116.28 | 510.18 | 127.55 | 382.64 | 64.66% |
| 5 | 15,434.08 | $7,119.59 | $60.48 | 274.10 | 68.53 | 205.58 | 33.28% |
As said above this week was a short week and we'll be aiming to get around 50% for next week. It's all totally dependent on the trading volume of the LPs we're invested into as we're not fees, not farming rewards.
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.
