You can now stake with us and help secure the @ikadotxyz network.
Thanks @swyke_ai for the great portal!
Day 45 @ikadotxyz penalty detailed stats:
π NATIVE STAKING LAUNCHED!
β’ Penalty rate: ~0.00324 $SUI per $IKA
β’ Penalty in USD: ~$0.0119 per IKA
β’ IKA price: $0.04839
β’ Penalty = ~24.77% of IKA value
β’ Total penalties paid: 1,009,649 SUI ($3,735,702 USD)
β’ IKA claimed: 208,695,561 / 600,000,000 (34.78%)
β’ Daily claimed: 1,980,381 IKA (+0.33%)
There is 65.22% still unclaimed.
π° TREASURY STATUS:
β’ In collector wallet: 138,393 SUI
β’ In contract (uncollected): 271,256 SUI
β’ Total unspent: 409,649 SUI ($1.52M)
β’ TOTAL BUYBACKS: 600K SUI β 62.27M IKA
π¦ BORROWING STATUS:
β’ SUILEND: 173M deposited | 0.93M borrowed [114.12% APR] (reopened)
β’ NAVI: 144.1M deposited | 18.2M borrowed [111.54% APR]
β’ ALPHALEND: 207.8M deposited | 112.1M borrowed [106.68% APR] (+50M!)
β’ TOTAL BORROWED: 131.25M IKA (+50.85M surge)
Note: Borrowers migrating to Alphalend. Maybe choosing the EMA band liquidation criteria over simple liquidations?
π« LP PLATFORMS:
β’ FullSail: $224K TVL, $540K vol, 853.62% APR (671.42% IKA + 187.2% oSail*) *Effective: 765.02% APR liquid (50% oSail sell tax)
β’ FlowX: $110K TVL, $1.89M vol, 1,569.45% APR (314.8% fees + 110.14% SUI + 1,144.5% IKA)
β’ Turbos: $266K TVL, $944K vol, 539.19% APR (259.72% fees + 279.46% rewards)
β’ SteamMFi: $1.60M TVL, $234K vol, 151.36% APR (8.76% fees + 0.03% IKA + 1.10% SUI + 82.41% IKA + 6.11% SEND + 52.95% sSUI)
β’ Cetus: $853K TVL, $2.76M vol, 393.76% APR (234.43% fees + 146.9% IKA + 12.42% Cetus)
Day 44 β Day 45 Changes:
β’ Penalty rate: 23.86% β 24.77% (+0.91%)
β’ IKA price: $0.05000 β $0.04839 (-3.2%)
β’ MAJOR: 50M IKA borrowed surge, mostly to Alphalend
β’ Native staking now live via stakereef.com
π― NATIVE STAKING LAUNCH: Native IKA staking is now live! Stake via stakereef.com thanks to @swyke_ai. Consider @tropikalnode if you want to support me and the work we do.
Remember pre-mainnet hinted at mainnet tasks? I would not stay with 0 native staking positions! It is staking season in the whole $SUI ecosystem & I'm not staying sidelined!
Tropikal retweeted
Day 34 @ikadotxyz penalty detailed stats:
β’ Penalty rate: ~0.00400 $SUI per $IKA
β’ Penalty in USD: ~$0.01286 per IKA
β’ IKA price: $0.03191
β’ Penalty = ~40.3% of IKA value
β’ Total penalties paid: 727,889 SUI ($2,338,707 USD)
β’ IKA claimed: 128,794,974 / 600,000,000 (21.47%)
β’ Daily claimed: 3,552,186 IKA
There is 78.53% still unclaimed.
π° TREASURY STATUS:
β’ In collector wallet: 117,289 SUI
β’ In contract (uncollected): 110,600 SUI
β’ Total unspent: 227,889 SUI ($732K)
β’ TOTAL BUYBACKS: 500,000 SUI β 52.54M IKA
π¦ IKA LENDING/BORROWING UPDATE
β’ SUILEND: 199M deposited (+11M) | 44.3M borrowed (+1.4M) [116.30% APR]
β’ NAVI: 142.3M deposited (-4.1M) | 45.0M borrowed (-0.0M) [123.14% APR]
β’ ALPHALEND: 203.7M deposited (+4M) | 96.6M borrowed (+0.0M) [120% APR]
β’ TOTAL BORROWED: 185.9M IKA (+0.68M)
Borrowing trend: 185.9M IKA borrowed (+0.68M) - growth slowing?
Day 33 β Day 34 Changes:
β’ Penalty dropping rate steady: 40.7% β 40.3% (-0.4%)
β’ Another big claiming day: 3.55M IKA claimed
β’ IKA dropped: $0.03296 β $0.03191 (-3.2%)
β’ SUI down: $3.300 β $3.213 (-2.6%)
β’ Started tracking Borrowing Rates: 116-123% APR across platforms!
β’ Borrowing growth slowed a big
Do you think should I track APRs in incentivized LP platforms like @FullSailFi, @Turbos_finance, @FlowX_finance and @steammfi?
If you want to help me keep providing data to you daily, please like this post and retweet. Also if you don't use FullSail yet, please use my link: app.fullsail.finance/liquidiβ¦
Day 33 @ikadotxyz penalty detailed stats:
β’ Penalty rate: ~0.00406 $SUI per $IKA
β’ Penalty in USD: ~$0.01342 per IKA
β’ IKA price: $0.03296
β’ Penalty = ~40.7% of IKA value
β’ Total penalties paid: 713,571 SUI ($2,354,785 USD)
β’ IKA claimed: 125,242,788 / 600,000,000 (20.87%)
β’ Daily claimed: 2,681,402 IKA
There is 79.13% still unclaimed.
π° TREASURY STATUS:
β’ In collector wallet: 117,289 SUI
β’ In contract (uncollected): 96,282 SUI
β’ Total unspent: 213,571 SUI ($705K)
β’ TOTAL BUYBACKS: 500,000 SUI β 52.54M IKA
π¦ IKA LENDING/BORROWING UPDATE
β’ SUILEND: 188M deposited (+2M) | 42.9M borrowed (+1.8M)
β’ NAVI: 146.4M deposited (+2.1M) | 45.7M borrowed (+0.6M)
β’ ALPHALEND: 199.7M deposited (+2.3M) | 96.6M borrowed (+0.2M)
β’ TOTAL BORROWED: 185.22M IKA (+2.67M)
β’ Borrowing trend: 185.22M IKA borrowed (+2.67M) - steady increase continues
Day 32 β Day 33 Changes:
β’ Penalty rate BROKE UNDER 41%: 41.2% β 40.7% (-0.5%). Sub 40 soon?
β’ Strong claiming: 2.68M IKA claimed
β’ IKA stable: $0.03299 β $0.03296 (-0.1%)
β’ SUI up: $3.287 β $3.300 (+0.4%)
β’ Borrowing hit new high: 185.22M (+2.67M)
β’ Deposits increased +6.4M across all platforms
Borrowing at all-time high 185.22M while claiming accelerates to 2.68M. The m-drop 33-day experiment continues to surprise with new lows in penalty rates and new highs in market activity.
