One thing that you talked about in many of your other posts about PolyCub is the lack of value that comes from kingdoms.

Kingdoms allow us to LP other assets. It also allows people to farm POLYCUB without adding much value to the platform.

With xPOLYCUB governance about to be released and pHBD Farm in place, I expect may xPOLY holders to choose to move yield more and more into pHBD-USDC and away from things like the Kingdoms. We’ll see how this plays out.

One thing I will admit is your take on Kingdoms being highly accurate. I do think they provide more of a parking spot. The idea is to drive in TVL and eyeballs on xPOLYCUB. I think if governance was in place at launch it could’ve had a more beneficial impact.

pHBD-USDC is super exciting to me. It’s providing massive value to the PolyCub Protocol already through wrapping revenue and arb revenue.

If we get $1M in HBD volume (wrapping volume / trading volume) per month, we could see tens of thousands of dollars enter PolyCub’s PoL through wrapping fees + internal arbitrage.

I’m really excited. It’s also pushing us to consider the pHIVE release as it would simply add yet another massive revenue stream for the treasury through wrapping and arb.

For now, we focus on getting Hivers to understand how vital it is for them to provide pHBD liquidity. We need to build this thing to $5m for the benefit of PolyCub and the entire Hive ecosystem. I’ve got a bunch of whales ready to buy HBD when there is entrance and exit liquidity