Mound Weekly Bulletin — Aug 3rd 2021
Welcome to this week’s bulletin!
In continuing our new weekly tradition, we are excited to share some updates and events from the past week. These bulletins will be a way of providing insight on a weekly basis as well as guaranteeing transparency for the community. The Team appreciates the community’s strong support of all things MOUND, from the MND vault, Qubit, Polybunny, and PancakeBunny. Thanks, and as always, Keep Calm and HOP ON!
Qubit Deposit Event
Our twitter account is currently running a mini event for people in the QBT-BNB vault where you can win 100 BUSD! In order to participate, you’ll need to post a screenshot of your vault deposit and follow a few additional directions. You have until August 5th! Visit our tweet for more information:
Weekly Hopper + Retweet Event
In case you missed it, we’ve launched a new video series, called the Weekly Hopper, that highlights current topics in the BUNNY community. The first video shares information about our enhanced security stance.
Visit our channel, and also don’t forget to like, comment, and subscribe!
Additionally, it’s the first video in the series, so we’re running an event on Twitter. Retweet and tag five of your friends to win BUSD!
polyBUNNY and pBUNNY MND Compensation
Compensatory MND tokens were distributed to polyBUNNY and pBUNNY holders. This distribution came after the initial swap, which was BUNNY for MND. One hundred percent of all MND tokens have now been distributed. We would like to assure the community that, in keeping with our initial commitment to keep MND as a fixed supply token, we will not be minting more MND tokens. You can read more here:
In order to understand more about the MND vault and token, how it fits in our overall plan, and how it delivers the value of our ecosystem expansion, check out our introductory post here:
The team is very aware that there are many more questions about MND with regard to tokenomics, claiming, staking, and other specifications. We hope to be coming out soon with a detailed article that goes in depth into such topics, as well as a wiki section that the community will eventually be able to refer to when doing research. Please stay tuned for it!
MND Vault Page Update
We’ve updated the MND vault page to show the Current Accumulated Value of the MND vault. This includes a few key figures:
- Effective Value of the MND Token: The total TVL divided by the total MND Supply
- Farming Rewards: Rewards earned from our current live projects
While being a minor update, we think this helps provide a clearer picture of the current progress of the project, and like the community, we are excited to get new projects operational and driving value into the MND Vault.
Visit the updated MND Vault Page at this link: https://mndvault.mound.finance/
Audit and Security Updates
We are also excited to announce that Peckshield is currently conducting an audit of Qubit, our lending platform. The audit is expected to be complete by Aug. 9th, so we will be more than happy to share results, fix any issues, and make sure our security is bulletproof when the mainnet launch comes around.
We’re excited to show progress with regard to both our projects and security. Your questions, feedback, and support are very much appreciated! We’ll see you for the next weekly bulletin!
MOUND is the innovative team behind Pancake Bunny, one of the leading DeFi platforms on BSC. Team MOUND is composed of developers and entrepreneurs with extensive experience across games, social platforms, quantitative financial services, and blockchain projects.
Official Bunny Finance Channels
One of the most popular auto-compounding yield aggregators on the Binance Smart Chain. https://pancakebunny.finance/