Hi guys,
So I’ve moved a huge portion of my liquidity from the PLeo-Matic farm to the Polycub-USDC farm, and my plans are working out just as I expected, capitalize on the declining price of Polycub by pairing with USDC so that I can automatically DCA into Polycub while still in the farm and essentially farm more Polycub and at more APR than I was.
My plans are going accordingly, but what I’m not quite clear about is whether to pay the 50% fine so that I can put the Polycubs I’ve mined into xPolycub ASAP or wait for 3 months before doing it, imagine all that time just amassing Polycubs, and then just tossing it all at once into xpolycub.......
Compared to slashing the number of Polycubs in half every time I want to claim and stake as xpolycub. But the system is designed in such a way that you want to stake your polycubs ASAP due to the declining rate of APR in the xpolycub ‘kingdom’. So it’s either one forgoes those APR’s or one pays the 50% fine.
I can’t tell anyone what to do, because even I myself, I’m still very much contemplating, I’m more concerned about the quantity of Polycub I can amass and eventually turn into xpolycub than the price of the token, for now., do you get my dilemma? but anyway, what I’m going to do is leaning more towards paying the fine, it keeps the economy going round.
Anyway, I bought more Cub yesterday, anything around $0.2 screams the best entry price for Cub, if I was as mad as I wish I was, I’ll take out $2k out my savings, plunge 1k into Cub and 1k into Polycub and stake into xpolycub. But I’m not that mad, sadly. Maybe that’s why I’m still broke. Lol.
$JUNO
If you’ve not been living under a rock, there’s an interesting drama going on within the Cosmos ecosystem, Juno to be precise. So the low down is that one account was airdropped millions worth of Juno tokens. You can read the full gist here.
Now, a proposal is being passed that should authorize the removal of those tokens from the owners custody. Last I read, the proposals threshold was almost reached, in my opinion, if the proposal is passed, I will never move to that project with a 12 mile pole, I don’t know about you.
Also, investing in such project where one single entity has such position as a result of an ill planned airdrop is a huge red flag for me. The Juno project is in a very tight position and I’m curious as to what the out come will be.
Did you read about the Juno story? What do you think the community should do?
How are your farm activities going? Are things looking up from your side?
I need to be able to see the value of my LP. Is there any tool you guys use?