My day starts and with some level of drowsiness, I pull out my Ledger hardware wallet, input the password, then go to the airdrop page on Polycub. This has quickly become my daily routine as I venture through the ebbs and tides of the crypto market.
Immediately I claim Polycub tokens, I send them to the Xpolycub contract. This has been my only activity ever since I started earning Polycub and it will continue throughout the airdrop period.
I have received many airdrops in my life but I'm not going to lie, this particular airdrop really has me hooked. In fact, I'm patiently accumulating funds on the side to buy me some tokens that I'll use to farm Polycub.
In any case, the Polycub experiment has kicked off quite nicely. After a minor blip, the price has started pushing upwards.
The Xpolycub project has been such a hit so far. At the time of writing, 48.8% of all Polycub is currently locked in the contract and more tokens keep rushing in.
The current Xpolycub to Polycub ratio is 11.09 and just as promised, the number keeps going up. If we keep up this pace, the ratio could actually be around 30 when the airdrop ends.
I've not considered pulling out Xpolycub but I'm fascinated by how it will affect the valuation of Xpolycub when people eventually start pulling out.
I'm also aware of the 50% penalty when you unlock Polycub before 90 days but I'm not sure how that connects to XPolycub. I've not even experimented with the idea of pulling out a single token, so I don't know.
At some point though, I'll have to experiment with pulling out a fraction of an Xpolycub and then see how that goes. I'll wait until the ratio is up to 20 before doing it.
Anyway, @leofinance promised us a token with numbers always going up and in XPolycub, they've delivered. Alas, it is still early days, so we shouldn't get ahead of ourselves but it truly is exciting times.
Tracking Token
I've still not seen any specific information about the PoL. I'm particularly interested in knowing the value, so I can calculate the Risk free value of Polycub every day.
In any case, judging by the way Polycub dropped to the 70 cents range and then started rising slowly towards $1, I suspect that this could be due to that rate being the floor.
Barring a major purchase in the token, or a drop in the value of the PoL, it is very likely that whatever price of Polycub you see should be considered as the floor value.
My view that perhaps this may be the floor value of Polycub is reinforced by the fact that there isn't any new major player in the midst. Since my last Polycub publication, the number of wallet addresses holding the token has risen to 131 addresses.
However, despite the increase in addresses holding the token, the top 5 wallet addresses remain unchanged. However, there have been slight changes in their percentages, with the highest of the lot now holding 5.8% of total supply, as against the slightly more than 7% it use to be before.
So, what I'm saying, in essence, is that we'll see the dollar value of Polycub consistently rising henceforth. However, it is still possible for some price reduction along the way, particularly as we're still in periods of high token emission rate.
The "number go up" period will start somewhere around the 6th month when there will almost certainly be a limited supply of Polycub and a much richer PoL.
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