With PolyCUB, we're launching one of the most important and rigorously developed applications the LeoFinance Team has ever built.
Along with this, we're testing a theory: creating a multi-chain CUB-iverse.
We're taking CUB to Polygon by creating a "Polygon" outpost called PolyCUB.
This outpost is intended to be a self-sustaining base on the Polygon blockchain. The base has its own rewards token that is extremely limited in supply and has a variety of highly important mechanics that are all designed to make the token scarce and actually increase in price due to an accelerated model of Bitcoin-inspired halvenings.
PolyCUB's token supply halvens every single month which means that it only takes a few months for the incoming supply to become so low that Protocol Owned Liquidity - another mechanic we've built into PolyCUB - will actually flippen PolyCUB's inflationary rate.
Eventually PoL's income is used to buy POLYCUB and distribute it as APY to all the vaults on PolyCUB. Making POLYCUB self-sustaining and actually deflationary over the long-run.
We're testing this theory with PolyCUB and if it plays out according to plan, you'll see CUB expand to every single EVM out there with a "PolyCUB" cloned outpost!
It's a pretty incredible future when you sit down and really think about it. We're taking CUB to a whole new level with all of these outposts connecting back to it via airdrops and LeoBridge.
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.