The current yield on the polycub stable coin farm is 0.76%.
This is surprising because if the liquidity providers unwrapped their hbd onto hive, they could earn 20%, even if they kept their USDC in their polygon wallet, that will still translate to a 10% return, much higher than putting it into the farm on polycub.
My answer is apathy, any rational person (apart form the LEO accounts which want to encourage liquidity) would withdraw their funds back into native HBD.
I did an analysis of the accounts that are currently in the farm, and I found that there are a few larger accounts providing most of the liquidity
I did further analysis of who are the people just leaving their money in a low return (albeit probably higher risk than native HBD)
I looked at those with liquidity of $200 of more, and found the following:
I know the hive names of all these accounts, should I tag the accounts that have left their dormant funds in polycub, so they can withdraw and bring their HBD back to hive and earn a better return?
Or do you think that's an invasion of privacy (despite it all being public information on the blockchain?
Or perhaps you think a bit of apathy is good for the rest of us, who are less apathetic?
Or maybe you think I should try to contact them through other means like discord?
Please comment below and let me know your thoughts.