RUG Report - 16th May 2025

Yes now, welcome to this week's RUG report!

See RUG's launch post for full details

It's been a minute since we have done an update for this, and as the market seemed to turn for the better a little, I thought it would be a good time. Alot of our positions over the past few months went out of earning range and have been sitting in limbo. The options at the time were, exit the position and take a huge loss from IL are ride it out. This put me in a place between a rock and a hard place, but I chose the latter because I'd rather lose earnings than wallet value.

Im glad to say that most of our positions are back in range of earning, and it's time now to consider what the best course of action to take next. APYs as a whole are way down from what they were in 2025, so over the course of the next few weeks, the plan will be to move our assets into safer higher higher-ranked cryptos to preserve value as best we can. No point in earning 100% APY if the asset its earning that drops 50% in 6 months.

Another thing that has happened since the last update is that simpleswap is no longer supporting HIVE trades, which is a huge fork in the road, as I used to use this for all our weekly conventions of HIVE from token sales in BNB and USDT from harvests to HIVE. For personal tax reasons, im not willing to use any platform im KYC'd on to do these conversions. There is a workaround, but it's not ideal.

See our LPs and assets by weight in the 2 charts below.

Week	Circ RUG	Wallet $	Harvest $	HIVE to @rugem	HIVE to @dailydabs	DBOND Minted	RUG APY
1	54,442.89	$10,158.75	$135.02	375.00	125.00	250.00	52.01%

You can see the APY is still steady at around 50% but we have alot more tokens in circulation since the last update. The price below is not looking great but we have to factor in that we launched the token at 2 HIVE and sold 12k at that price, while the remaining 40k have been sold at a much smaller price since Trump came into office and crashed anything. I cant tell you the average sell price investors have paid, but it's 100% under 1 HIVE per token.

Going forward and as mentioned, i will be exiting some our our current postions for newer ones. This might affect the APY but better to be invested into more higher ranked cryptos that will stand the test of time longer. We hope for the markets to go crazy for the rest of the year but from mid 2026 onwards, we'll be glad to be earning a little less when we're seeing our assets drop 20-30% instead of 70-80%.

Anyways, the public sale is now over and RUG will be relisted at its market value. I still have plans to distribute RUG directly through your HIVE wallet but im having some problems with updating the price and it'll take a few weeks to sort out. Until then, you can buy RUG here

RUG Rewards have been shipped already! See ya'll plebs next week.

See RUG's launch post for full details