Binance Newcoin Mining $SAGA will end on 04.09 and trading will start
In the past two days, $FDUSD has issued 1.111 billion coins, and its current market value has increased to 3.524 billion. The investment in FDUSD mining has increased by 42% in this period, making$BNB The yield rate has surpassed the previous level and regained the golden shovel throne⛏️
Below is a detailed breakdown of new coin mining participation and mining revenue.
1/ Participation in new coin mining
- $BNB : A total of 17.93 million coins were invested, worth 10.4 billion US dollars
- $FDUSD: 2.7 billion in total, accounting for 78.5% of the total circulation
Compared with the previous $ENA mining investment, when only 1.896 billion FDUSD participated, the amount of investment in this period has increased by 42%!
2/ BNB vs FDUSD mining income
Follow$BNB = $582, $FDUSD = $1.002 Calculation
1 BNB can mine 2 SAGA, and 1 FDUSD can mine 0.003249 SAGA, that is, 582 FSUSD equivalent to BNB can mine 1.89 SAGA.
BNB's yield rate surpassed FDUSD by 5.8%, regaining the golden shovel throne
3/ BNB mining yield
Since $SAGA lacks OTC/futures prices as a reference, this tweet will not provide yield estimates. However, the article published by Odaily includes a review of the yields of recent new coin mining. You can compare them after the token is launched, which is also an interesting perspective.