Let's simply calculate the expected return on this #Launchpool #新币挖矿 #Catizen participation using $FDUSD and $BNB .
FDUSD current circulation: 2.516 billion (09-15 12:27)
The BNB users have in the “BNB Revenue Pool” and “BNB Regular Products” will automatically participate in this Launchpool.
Users' staked Lista BNB (slisBNB) in the "Binance Web3 MPC Wallet" also supports this Launchpool.
Briefly describe the project: Catizen is a cat-themed game robot and platform built on Telegram applet. This project reminds me of the past $PORTAL , the coins I mined are still there, but they have been numb 😂.
$CATI token usage:
Note: Catizen’s Launchpool is not the same as Binance’s Launchpool!
Universal currency within the ecosystem: allows users to purchase in-game items, upgrades, and services (such as Game Center, Launchpool, and Open Tasks).
DAO. Community governance tokens are used to vote for upcoming Launchpool projects.
Users can stake $CATI tokens to participate in Catizen’s Launchpool platform and hold $CATI tokens to receive future airdrops through Open Tasks.
Catizen raised $2.8M in seed and strategic rounds, selling 100,000,000 CATI tokens (10.00% of total supply) at an average price of approximately $0.028 to investors.
The pre-market trading data of several current platforms are either not available or I personally feel that they are of little reference value, so they will not be released.
(May be underestimated by me) Finally assuming that the listing price is about $0.36 (about 12.8 times the investor's cost price), the circulating market value is about $110 million and the initial total market value is about $360 million.
(Please note: This mining will last for 4 days! From 08:00 on 09-16 to 07:59 on 09-20 in 2024, Beijing time)
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FDUSD pool daily output: 3,375,000 (about 3.37 million) CATI
Number of tokens deposited in the FDUSD pool: 2.1 billion.
Deposit 1000 FDUSD, and you will get: (1000 / 2,100,000,000) * 3,375,000 = 1.607 CATI per day
The expected daily return per 1000 FDUSD is: 1.607 * 0.36 = 0.578 $
The expected annualized rate of return of the FDUSD prize pool is: (0.578 / 1000) * 365 = 21.097%
The expected return on capital of the FDUSD pool is: (0.578 * 4) / 1000 = 0.231%
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BNB pool daily output: 19,125,000 (about 19.12 million) CATI
Number of tokens deposited into the BNB pool: 18.5 million.
Deposit 1 BNB, and you will receive: (1 / 18,500,000) * 19,125,000 = 1.033 CATI per day
The estimated daily income per 1 BNB is: 1.033 * 0.36 = 0.371 $
BNB is calculated based on a reference price of $550
The expected annualized rate of return of the BNB reward pool is: (0.371 / 550) * 365 = 24.621%
The expected return on capital of the BNB prize pool is: (0.371 * 4) / 550 = 0.270 %
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Trading opening time: Beijing time 2024-09-20 18:00
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Calculate the interest costs incurred during the pledge process and the asset impairment caused by exchange rate fluctuations that may occur after or even before the end of the activity
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The total initial supply is 1,000,000,000 CATI (1 billion). The initial circulation is 30.5% (305,000,000 CATI, about 300 million). The Binance Launchpool bonus pool accounts for 9% of the initial supply (90,000,000, 90 million).
Reference data sources for this article
Tutorial on how to participate in Launchpool
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The data is for reference only, please refer to the actual data!
