After 48 hours of mining activities, this Launchpool has been successfully completed. We have compiled the final data information so that everyone can have a clearer understanding of the borrowing costs and yield.
Own BNB quantity: 507 pieces
Borrowed BNB quantity: 1300 pieces
Mining duration: 48 hours
Total VANA mined in 48 hours with 1807 BNB: 413.76 pieces
BNB interest generated from 1300 BNB in 48 hours: 3.477 pieces (approximately $2514)
Based on the above information, we calculate:
- The average value obtained from mining per BNB in 48 hours is approximately 413.76/1807=0.229 VANA.
- For the borrowed 1300 BNB, the total mining value is 1300*0.229=297.7 VANA.
- Therefore, the borrowing mining cost corresponding to each VANA is approximately 2514/297.7=8.4, which is about $8.4. The cost has slightly increased, mainly due to the rise in borrowing interest (interest changes every minute).
According to historical opening data, the circulation market value of launchpool at each opening is around $300 million to $500 million, with VANA having about 30 million pieces in circulation at opening. Considering various factors such as the recent bull market, I predict that the opening price of VANA will be estimated at $14-$20.
I entered the blockchain field as a novice in 2017, keen on finding relatively stable arbitrage opportunities between centralized exchanges (CEX) and decentralized exchanges (DEX). I look forward to sharing and discussing opportunities and the latest dynamics in the crypto space with like-minded individuals. As a long-term investor, my main positions are (BTC, BNB, UNI, CAKE, WLD sorted by position size). If you are also passionate about cryptocurrencies, feel free to like, follow, and leave comments to share insights!
