After 8 hours of mining, Launchpool has obtained about 509.85 SCRs. 1205 BNBs were invested in this mining, including 255 owned BNBs and 950 borrowed BNBs. Each BNB currently mines 0.423 SCRs, so the borrowed part mines a total of 950*0.423=402 SCRs.
In terms of borrowing costs, the total interest is 0.5 BNB, which is about $291. The average cost per SCR is about 291/402=0.72 US dollars. Considering that the total circulation of SCR is 190 million, the estimated opening price is around $1.6, and the expected income will be about double the borrowing interest (in line with previous income expectations).
I am a leek who entered the blockchain field in 2017, and I am keen to find relatively stable arbitrage opportunities between centralized exchanges (CEX) and decentralized exchanges (DEX). I look forward to sharing and discussing opportunities for currency circle haircuts and the latest developments and views with like-minded people. As a long-term investor, the current main positions (BTC, BNB, UNI, CAKE, WLD are sorted by position size). If you are also passionate about cryptocurrency, please like, follow and leave a message to share your experience!
