One day in.
35 epochs settled. $14,609 in leveraged positions minted at NAV and sent to holders. $24,159 already pending for the next.
$2.74M traded. 84.7% of supply qualified.
Paid in leverage.
https://t.co/6fo9jliSA2
@arcus_xyz any plans for pETH3x, pSOL3x, or other majors?
$PDEX buys pTokens every 30 minutes and would add them to the treasury on day one. Plenty of people asking for the same.
Distributions don't stop at 4pm Friday either.
We've been running pTokens Index on Robinhood Chain. Treasury buys pBTC, pBTC3x and pHOOD3x with trading fees and pushes them out to holders every 30 minutes, weekends included.
Curious what you make of pTokens showing up as a distribution asset rather than a position someone opens themselves @arcus_xyz
Arcus made a leveraged position something you hold instead of maintain.
$PDEX makes it something you earn. 100% of trading fees mint pTokens at NAV, distributed to holders.
Soon.
Epoch 13 just cleared.
$3,883.39 in positions distributed so far. $11,650.18 of notional exposure at 3x.
The part worth looking at: market cap is down 7.4% since this morning, and qualified supply went UP. 759.3M to 792.3M. Nearly 4 in 5 tokens in existence are now earning.
$11,258.79 still sitting in the pot. Next one in under 30 minutes.
https://t.co/d3JsQuubOY
@fushigur0x We see the issue and are backfilling the missed epochs now.
The cause: distributing this frequently over a short window runs the gas wallet dry. The move to 30 minute epochs fixes it.
An update to the distribution schedule.
To optimize gas, epochs now settle every 30 minutes instead of every 15. Each distribution is twice the size.
Same rewards to holders. Less spent on execution.
https://t.co/TXxGDPIO9R
Three epochs distributed.$733.05 in leveraged positions, minted at NAV on @arcus_xyz and sent straight to holders.$0.30 per 1M held, per epoch.
Paid in leverage.
Check here: https://t.co/TXxGDPIO9R
$11,033 in fees is sitting in the treasury right now, waiting to become leveraged positions.
$1,710 has already been distributed across 7 epochs. $5,130 in notional exposure.
Next distribution in 8 minutes.
intern here. first epoch took way longer than 30 minutes, we hit a snag on the mint and had to work through it.
sorted now. epoch 01 is out, check your wallets.
From now it will be automatically distributed in every 15 mins.
TX: 0x2beb1ca606435b4566af5b886b9a63935cd542c790570a92ddba5324f2a9677a
0xee91e4cd2e31cf854275a7306a924eb5d5eb5d3ea01fa53deea674291f219331