A DeFi 2.0 Yield Optimizing Platform,
...built with the future in mind...
The Leo Finance team brought us the successful BSC CUB first, and now the roaring PolyCUB on Polygon/Matic network.
What is so special about PolyCUB?
xPolyCUB
PolyCUB (POLYCUB) is the native token for the PolyCUB yield optimizing platform. Users can earn POLYCUB by participating in any of the Kingdom vaults or by staking it into xPOLYCUB to earn the 50% fee penalty generated by other farmers who harvest their yield before the X block locking period.
-https://polycub.com/
This is the Leo teams future minded strategy to create pump tokenomics, and so far it's working as intended. We are seeing xPolyCUB on the rise as I type this, and the general atmosphere of the discord has been diamond hands positive!
Many are claiming with the early penalty to quickly move PolyCUB to xPolyCUB.
Some are bravely waiting for the next block to claim their PolyCUB. me
Here's a little more information from the main page regarding the metrics of the xPolyCUB token:
To understand how this works, you can divide 'Total Staked' on this page (user stakes, rewards, penalties) against how much Polycub is in the xPolycub contract
(0x905e21f6c4cb1ad789ced61cd0734590a4542346) totalSupply (how much xPolycub has been created from user staking).
For example, shortly after launch on March 5, 2022, the total staked was 41,085 Polycub and the total supply was 37,232, so 1 xPolycub = 1.103 Polycub (41,085 / 37,232) at that time. 17h later, 143,882 total staked and 64,526 total supply: 1 xPolycub = 2.22 Polycub.
That means if you staked 100 Polycub earlier at 1.1 ratio, and then staked 100 Polycub at 2.2 ratio, you created and received 0.909 xPolycub per Polycub (1 / 1.1) with the first 100 (90.9), and 0.4545 xPolycub per Polycub (1 / 2.2) with the second 100 (45.45).
Withdrawing the first 90.9 xPolycub at the 2.2 ratio, would mean you get back 199.98 Polycub (2.2 Polyxcub for each xPolycub you have), which is almost a 2x gain in 17h.
If you did both deposits then withdraw when it gets to a ratio of 3 (90.9 + 45.45 xPolycub staked), then you get 3x Polycub for each xPolycub you have. The first 100 Polycub was 90.9 xPolycub and became 272.9 Polycub, and the second 100 was 45.45 xPolycub and turned into 136.35 Polycub. You would have started with 200 Polycub and received 409.25 in short time. -https://polycub.com/
Right now the farm APY's are very high. The highest currently is the PolyCUB-WETH farm.
If you're a Hive member who's not actively participating in PolyCUB, then shame on you! Just kidding... ;-D
All who are participating in PolyCUB are helping to create a successful DeFi platform, so if you have some liquid Hive, HBD, or Hive-engine assets laying around to buy in with, you'll be warmly welcomed to the CUB club if you decide to use your Hive for this purpose. At least you will be warmly welcomed by me, because I'm powering down to utilize my Hive for PolyCUB right now, and I personally see nothing wrong with this strategy, especially considering I intend to move all of my Hive back into Hive power with profit while still maintaining a farming position. I'm very confident that PolyCUB is going to do extremely well and I will be able to achieve my farming goals with relative ease and minor alterations to my strategy as I farm along.
I'm looking forward to the future of PolyCUB, and it's also exciting to think what this could mean for BSC CUB as well.
I hope no one thinks CUB is going anywhere, it's certainly not.
In fact, you can participate in the airdrop that's currently live if you have CUB by staking it and claiming your daily harvest on Polygon! (Head on over to https://cubdefi.com/airdrop for the details.)
That's an amazing sustainability plan for BSC CUB currently!
I'm sure the Leo team has all kinds of plans in the making. It's very exciting, like the idea of being early with BTC and knowing it.. Many of us missed the early BTC train, but once in a lifetime opportunities can happen more than once in a lifetime if you have a future mind ;)
Head on over to PolyCUB.com whiles there's still time to farm with high APY's, the longer you wait, the less you'll be able to potentially farm, and the value is also on the rise.
Please do not take this as financial advice. Invest what you're willing to lose, and if you can't afford to lose and are willing to eat Top Ramen to stay staked, then I commend you, because this is the level of dedication we are seeing in the community and I'm not joking.
Head on over to the diamond hands Top Ramen eating Leo Finance Discord, and prepare for the meal we'll all eat on the moon together. It sure won't be Top Ramen. I'll meet you all there 🚀
PolyCUB
Have a great day and thank you for stopping by! -