DeFi in crypto has given us the opportunity to earn a decent income if it's used wisely with some sort of research and choosing the right project is definitely one of the reasons. While traditional investment instruments are not doing well and paying too less interest then DeFi is a great option to go for but the problem is that very few people are of it. If we can somehow bring more people to DeFi then it does not just increase the adoption but also encourage the projects to do even better and bring more farms and pools so that it can be more stable and better rewarding.
Sushi was the first project that I got to know about in DeFi but because I was new so thought of staying away. The next DeFi project was pancakes was backed by Binance and this also I skipped because I was ok to invest my month Binance is a reputed name but still I decided to stay away. The project that made me join DeFi is CUBDEFI by LeoFinance and I finally entered in DeFi. The reason is simply that I trust the team and I know that whatever they will do is going to be good for the community. CUB token price is low and I know this but a recent update about it makes me feel confident that things will become great again.
Now talking about Polycub and why it's a next-gen Defy platform. There are so many things lined up and once these are life then we can see much more attractive here.
- Polycub is built on the polygon network and it's a high-end blockchain network that allows us to transact with ease and cost is minimal. Earlier Ethereum transaction fee was one of the concerns and this is why DEFI was mostly moved to Binance smart chain and now polygon is the next one that is capable of running Ethereum compatible apps while keeping the cost on the lower side. With polycub transaction cost is negligible and that is surely a plus point.
- Polycub is one of the DeFi projects where we have stable coin pair and this allows traditional investors to be part of who is not ready to take higher risk. Impermanent loss is one of the terms in DeFi because of which many investors stay away but now with stable coin pair this is not is a problem anymore.
- It has got many pools including HBD, Hive, and SPS which is added recently and all these tokens are having a great use case and I believe that with the passage of time polycub will be on the same row and this is high time when we can accumulate more through the reward or buying from the market.
- It offers us to earn up to 573.4% APR through various pools and farms and this is huge and must be solid reason to bring more investors.
- Upcoming feature of Lending is another reason that is going to add more value to the ecosystem and this is available on very few DeFi platforms so this will bring many investors and surely more rewards to the polycub holders.
The future with DeFi in crypto is bright and if we can follow a long-term strategy then it can help us generate great returns in long term and probably be a solid source of passive income.
Thank you so much
Stay Safe