Another week, another look at the Furio ecosystems from a numbers perspective. Numbers don’t lie. So lets see what they tell us this time on October 14th:

The $FUR token remains pretty stable in October around 5.49 as per the time I took the screenshot. I moves a bit up and down; as per my writing it increased a to 5.51. Overall stable, which is compared to the rest of the market quite a desired outcome currently.

The Furio ecosystem overall sees a steady growth, quite obvious from the numbers and the chart. More then 100 people are joining the system on a daily basis, 788 in a week or a plus of almost 11%. We also see that the number of deposits increased more then 12%, meaning existing investors are increasing their vaults. This is a great sign for the Furio ecosystem as there seems to be quite some trust into Furio. This is also reflected in the number of claims: They only increased by 5%, so the Furio users keep on compounding their investments further. On the other side it looks like some early adaptors or users with higher investments are claiming higher amounts, less transactions though, but the claim value increased by 9.6% in comparison.

The Furpool also sees a steady increase in stakers, even higher then the week before. Although it is barely visible in the chart below (have to amend this going forward) the Total Staked amount increased by 25%. This is significant!

As you are probably aware the Furbot Closed Pool went live this week. Not too much data available yet, so lets start collecting this too. From the below chart you see that the bot hasn’t had the best start with a slight loss of 3.6%, but given the market recovery yesterday gained already some profits again. It is clear that the bot needs more time to judge its performance. We keep monitoring of course.

The NFT sale for the Furbot Open Pool happened also this month, on the 11th to be precise. At the time of writing there are 1’097 NFTs sold. There are still 3’903 available in other words. So if you like to take your chance and participate in the Open Pool of Furbot, they are still available for 200 USDC.

If you got feedback on what other dimension I could include, or you draw other or additional conclusions based on the provided data, feedback is always appreciated.

Team link

Are you also interested in gaining up to 2.5% daily on your investment? Are you looking for a team to join or just like to follow me on that Defi journey? You are very welcome to join me by using below link and address:

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Team address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577

As I enjoyed some time with the family the last couple of days I always tried to claim around the correct time of the day to get most profit out of my Furio investment. Of course this didn’t work out as I have hoped for. I don’t use auto-compound at the moment. Although this would be a solution to it, I have to admit. I was just thinking this moment, what would actually be the effect on the Furio protocol if I would compound not once, but twice a day? Does this have any big impact on the compound interest? And if yes, is it worth the effort?

Lets calculate this through: Lets stick with the example of an initial investment of 20 $FUR tokens, a bit more then 100 USD currently. Lets also assume you are part of the 2.5% club. So there is a need to compound for 28 days without a single claim to get to the 2.5% as you start with 1.75%. The example is a bit theoretical, I admit, but to visualize if it is worth the effort, we like to keep things simple.

So what is the impact when we compound two times a day instead of just once? Will we reach the max. amount of 27,778 tokens in a wallet much quicker? Is it worth the effort?

As you see, if you compound on a daily basis, you will reach the max. amount in your wallet after about 294 days. Compared to the other scenario, where you compound twice a day, you obviously hit your target earlier. But only about 2 days. That was a bit a surprise to get to the goal not much faster, given you got, if you compound manually, twice the effort.

I did the same calculation with an initial deposit of 100 $FUR tokens to see if the difference is increasing. Nope, actually the opposite: It got even smaller. If you compound once, you reach the 27’778 tokens after 228 days, if you compound twice, roughly after 227 days. So one day earlier.

So is this a strategy worth following? I highly doubt it, given the additional time and effort and lets not forget the gas fees too here, that you have to put into it. Honestly, I expected to reach the goal way earlier with the additional effort. Well, numbers don’t lie, hence i calculated it through to see if it is worth it for me.

Is it worth it for you? Only you can decide here. Again, numbers don’t lie.

Team link

Are you also interested in gaining 2.5% daily on your investment? Are you looking for a team to join or just like to follow me on that Defi journey? You are very welcome to join me by using below link and address:

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Team address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Overall statistics

So overall we see that the price of the $FUR tokens remains pretty stable. Probably thanks to the Liquidity Management System (LMS) which was put in place. Lets see how the start of the Furbot with the Closed Pool can support or influence the token price going forward.

Furvault

The number of vault participants went up by 877 or about 13.8%. Quite an increase I would say, given we are still in a bear trend overall.

If you also look at the deposits, the net new money in other words, increased by 10.7%. It looks like we gained many smaller investors in the last week as the Vault Deposit Value didn’t increase as much as the number of participants.

Also interesting to see the value of the taxes paid compared to the value of the compounds: This is about a factor 10 difference currently. Wondering how this looks like going forward.

As I am a bit short on time currently (my apologies), I have to leave the interpretation of the remaining data to you. Still wanted to provide a quick update before the weekend to you. A hopefully more comprehensive article should follow next week(end). Hope this was still interesting for you to see.

Have a great weekend.

Team link

Are you also interested in gaining 2.5% daily on your investment? Are you looking for a team to join or just like to follow me on that Defi journey? You are very welcome to join me by using below link and address:

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Team address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577

With the pace the Furio Dev Team is delivering lately, it feels like I am always behind with keeping you up to date. After the announcement of the Furbot, it doesn’t look like the FDT is taking a rest this month. Actually more the opposite, it looks like the even increase the speed of delivery. What is to be expected around Furio in October?

First thing done by the team is minting additional tokens for the Liquidity Management system. Isn’t this a deflationary measure you might ask? Short term it probably is. Mid-term the devs are doing this to stabilize the price of the token. Keep in mind, the LMS and the PCS (Pancake Swap) pools are separated. The FDT plans to increase the depth of the LMS to strengthen the project. The intention is to mitigate price pressure on the token and to ensure price stability, which I think is in all investors interest.

Have you bought a Furbet (not Furbot) NFT back in August? The Furbet functionality runs a bit behind given all providers and stakeholders involved in this project. Nevertheless the plan is to launch Furbet in October. There will be a bonus token allocation to all current NFT holders given the delay.

There will be big news regarding Furbot. Haven’t heard about Furbot yet? Take a look at my previous article here. So what is coming? The Furbot NFT sale will happen on October 11th, the trading bots results will be shared with the public and Furbot will start trading to support the Liquidity Management System (LMS). Really looking forward to that.

The NFT marketplace is also on the October roadmap. I hope, this will start as soon as the NFTs for Furbot are available to sell. But this is only an assumption on my side, nothing confirmed.

The Team also intends to intensive their social media activity, creating tutorials supported by animations, doing AMAs on YouTube. There is also an update to the road map planned. The team even hints at two additional gems they have ready for October. Let’s see what kind of surprises they will release.

Team link

Are you also interested in gaining up to 2.5% daily on your investment? Are you looking for a team to join or just like to follow me on that Defi journey? You are very welcome to join me by using below link and address:

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Team address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577

As promised in yesterdays article, let me summarize one of the latest developments on Furio and its ecosystem. Any feedback on that article about statistics around Furio and your interest is appreciated. If you haven’t read it yet, please take a minute or two and do so. Thanks for your time.

So, on to the topic about Furio developments. What are the big news around Furio besides the Liquidity Management Service (LMS) that is making contributions to the ROI Dapp?

Furbot

The Furio Dev Team (FDT) evaluated various trading bots in various markets in various combinations to achieve not various, but best results. The evaluation concluded with a combination of bots resulting in an average profit of 8 to 10% per month. So what does that mean?

The FDT will put two trading pools in place: A closed Pool (Pool 1) only open to and supporting the LMS. 20% of the LMS will be used in Pool 1 and all the profits will be transferred back to the pool.

Then there is another pool. Pool 2 or Open Pool, available to the members of the community. All members? The membership requires you to be an owner of an NFT, which is not yet available. Furio will host a sale on 11th October at 5PM UTC (mark the date in your calendars) where you will have the choice to buy such an NFT. The first 30 minutes are exclusively for the 2.5% club members and there is no restriction on how many NFTs you can buy. The sale is open for 24 hours. Here is an article how I achieved the 2.5% reward to be also club member and have an advantage.

Open Pool profits

Why should I buy such a NFT? You mean besides the track record the FDT got already? Lets have a look on what is known so far:

The trading profits will be distributed for the first time at the end of November: 50% of the profits will be distributed to NFT holders. Quite a big junk of the profits it looks like. 20% goes back into the LMS and another 20% will be re-invested (re-compounded as it sounds like). The remaining 10% are for management and maintenance fees of the bots.

The FDT gives various examples on how much you can profit from your 200 USDC NFT investment. At the end, it heavily depends on the markets and the trading bots performance of course. If the evaluation results stay consistent between 8 and 10% then you can expect a profit of about 4-5%, as only 50% gets distributed to NFT holders, so around 8 to 10 USD per NFT. With the compounding effect, this should and will increase over time.

NFT holders also seem to have the option to either withdraw on a monthly basis or accumulate (not re-compound) to safe gas fees and withdraw the profits from the past month in a single transaction.

There will also be a marketplace to trade NFTs called Furo Marketplace with a trading fee of 2.5%.

The future

This is already very bullish news for me. Yeah, even more bullish. But there is more in the pipeline: The FDT even intends to create trading bots with different risk profiles. How awesome is that? So if your risk appetite is low, not sure if Furio is the right place for you then, you can just use the conservative pool. If you like to increase your risk, just choose another pool to participate. There is not yet much more information know of these different profiles and the performance. Lets see if the team shares any updates on the topic soon.

So all in all, the future looks very bright for us Furio investors.

Team link

Are you also interested in gaining 2.5% daily on your investment? Are you looking for a team to join or just like to follow me on that Defi journey? You are very welcome to join me by using below link and address:

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Team address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577