The Leofinance team is moving ahead with the promotion of their latest platform. This is a breakthrough which can really help all who are involved in Leofinance. We are seeing a targeted campaign discussing the POLYCUB project. With the introduction of Defi 2.0, the team is excited by the tokenomics.
So far, as a user, it looks like things are unfolding as planned. The clock keeps ticking towards the next reduction in emissions (less than 3 days now) while the price of POLYCUB, in USD, holds steady. After having a major drop the first week, we bounced off the low. The range is between 90 cents and $1.00.
Of course, it must be mentioned the PC-xPC ration keeps increasing. This is now at 11.60. Each day it is going up roughly .80, a level that will keep decreasing over time (the daily increase).
The deflationary nature of the POLYCUB token is moving ahead quickly. It is operating on an accelerated deflationary schedule to reduce the creation of new POLYCUB. Much of the supply will be issued in the first two months.
Many still are taken aback by the Leofinance team going in "so many different directions". Why not just focus upon one thing? That is a sound approach in many instances. However, this negates the ability to leverage one aspect of the ecosystem against the other.
Here is where the true value of Leofinance and all that it is creating enters the picture. When dealing with a complex system, growing organically, at some point the goal is to experience convergence. When that happens, things go exponential.
Leofinance is working in that direction.
Here is how it is normally phrased:
“Our ultimate ambition with the LeoFinance Web3 Ecosystem is to expand the width and depth of our community. Width means getting new users, and depth means achieving more and more levels of opportunity to enrich our users and create abundance for our community."
None of this is operating in a vacuum. Polycub is not separate from Leofinance. They are all part of the same entity. The key is to keep extending the tentacles of Leofinance out to reach more people. While the majority who are interested in DeFi/yield farming might never care about blogging, there is a portion that might.
More importantly, as we see, the bloggers can, over time, get more involved in the DeFi aspects that are offered. When it comes to enriching the users, this is exactly what is meant. Buy some CUB, get some POLYCUB, stake it to xPOLYCUB, and watch the value grow.
How often do we come across articles discussing the idea of long-term thinking when it comes to Leoinance (and even Hive)? This is a process. We know cryptocurrency is filled with hype. Many feel that is a validation of value when, to be honest, it tells you nothing.
Anyone who lived through the dotcom era will remember money tossed at projects that were being bid to absurd levels. The challenge is most of them ended up doing nothing. What was promised was not delivered. Of course, whatever money was put in was lost.
We saw the same thing during the ICO days. How many great sounding projects were there that are still floating around today? The answer is very few. Long-term turned into 6 months of updates before disappearing.
Unfortunately, can we saw DeFi is really any different? Most involved, both investors and project teams, have short term focus. This leads to investors getting great yields before dumping the token. Of course, this is offset by the rugpulls put forth by the different project teams. It is an insane cat and mouse game.
Here is how Leofinance answers that:
By leveraging their carefully crafted mechanics, the team believes they are well equipped to drive long-term growth in an industry lacking in long-term thinking.
Something that many of us can agree with.
Sustainability is something that few discuss in the cryptocurrency world. Sadly, it is filled with quick hit artists. Leofinance is building applications for the past 3+ years, how many projects can say that? How many DeFi platforms have that kind of track record?
Of course, those reading this who are part of Leofinance know this is preaching to the choir. We all know the reputation of the Leofinance team. There will be no rugpulls nor will they fail to deliver. While things can be delayed, that is not due to a lack of effort (nor ability). Simply put, stuff happens in the world of development.
Long-term thinking means applying basic business building skills. Marketing is not hype. Anyone in this field knows that the quickest way to kill anything is to market the hell out of something that is crappy. That only drives people to realize how bad your product is.
A lot of effort went into developing some basis for what we have today. Some important pieces are in place. This means that the marketing that is done could have a much greater impact. Remember, we are not just after people who are into DeFi. Leofinance has a number of other applications including a way to earn rewards through social media engagement that could hold appeal to a lot of people.
The marketing push is now on. Here is the first article, published on Cointelegraph.
It is the first of many. By the way, the quotes in this article are from what was published there. Give it a read and forward to all your friends.
If you found this article informative, please give an upvote and rehive.
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