How To Best Prepare For The Launch Of PolyCub
How To Best Prepare For The Launch Of PolyCub
To start off this is pure speculation on my part and what I feel is a great way to be prepared for when Polycub launches. Of course this will be different for everyone so do your own research and make your own choices as well as understanding the risks before you invest.
*This article is for entertainment purposes only and not financial advise.
Many Aspects Will Change
With the introduction of pCub or Polycub many other aspects are going to change in the DeFi landscape related not only to CUB Defi token but also the LEO token as it will also be able to be wrapped into pLEO and used on the Polygon network. This opens LEO up once again to another rather substantial network including a lower cost option towards Ethereum.
One of the biggest shake ups to CUB will be the introduction of the pendulum swing. This incentive pendulum sounds like it will be based off of the Thorchain system.
The Full Details of that can be found here: Thorchain Incentive Pendulum
In the case of CUB it sounds like it will be swinging rewards from Farms to Kingdoms and then back. Many people might take this as APRs are going to drop on farms and dump into kingdoms and that's the end of it. That's NOT how a pendulum works lol This swing effect will push back and forth which should create people moving funds from Farms and Kingdoms. The benefits of Kingdom however is that CUB is actully burned and also bought back on this system creating value within the token.
From that we will also I believe see the introduction of new farms or kingdoms that use the new token or have cub as part of the new polycub system. I'm not sure on the details on that however I'm stocking up on all aspects at the moment.
The Unknowns and What You Should Have
There are three core tokens and up to five that are all involved here. It's pretty wild when you think about it. The list is as follows.
CUB
pCUB
LEO
Binance
Polygon(matic)
I would recommend having easy access to all of these and some form of liquidity in order to be able to take action fast. Now of course you don't need ALL of these in order to take part but I like to leave my options open personally and jump on opportunities as much as possible.
Having easy access or some of this on hand that is liquid will help you be able to act fast. We all know that when a new DeFi platform launches often times that first 12 hours is critical for those crazy high APRs.
Key Notes I'd Like To Mention
It seems like there will be a 60 day airdrop for those who have CUB in Kingdoms or Farms (aka WORKING Cub not ones sitting in your wallet) This airdrops I believe will be around 0.15 pCUB per CUB
It also seems like Polycub will have a staggered launch much like CUB did. Where in the first week the highest amount of pCUB will be printed and then drop by one each week after that ultimately resulting in 1 new pCUB per block much like we have on CUBDeFi right now.
Now I could be totally off on this but Polygons blocks are 2.3 seconds in length which means it's 0.7 seconds faster than that of HIVE. I believe that means we should prepare for an even higher amount of printing compared to the CUB token.
As I stated above this is a lot of speculation things can change and I'm going off of information collected so I can best prepare for it. Even though I feel like I've been preparing for it for months now.
I'm also curious to see if we will see Splinterlands SPS token some how involved with this which could be interesting.
Do you have a game plan for PolyCub? or questions about how it will work? Drop them in the comments below.
*Special Notes
PolyCUB will be dropped into the same address you are using on CubDEFI
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I have a matic wallet which I access on MetaMask with the same wallet ID as I use on BSC. Does it make reasonable sense that's where my polycub will be dropped?
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That's actully a good question I remember brining that up months ago and we should follow up with that on the next AMA for sure. I for one keep each wallet separate so I have one for Ethereum, One for Binance and now one for Matic. I would guess it would be airdropped to the wallet that has CUB on it and you're using on CubDeFi would make sense so might be worth having some matic in that one as well to swap between the wallets. Ah cross chains need to be better lol
I verified in Leo's discord. That is how it will work. Same wallet address!
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Awesome I'm going to add that into the article thank you!
You are right @bitcoinflood. The average blocktime has been 2.3s but suddenly it started to rise towards the end of February. https://polygonscan.com/chart/blocktime Mostly it stays between 2-2.5s.
My strategy with PolyCUB is simple. I will stake my PolyCUBs into the new Kingdom and let them compound :') just like CUB Kingdom. 😋
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no conocia nada de este proyecto🤓
Is my thinking that we'll also be getting a pCUB:USDC LP on the right track?
If so, it might be worth having some USDC ready in your Polygon wallet too.
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Good point, from what I understand but haven't done much with it is your impermanent lose on a stable coin such as that pairing is less? or less risk?
There's less downside risk when pCUB is dropping.
But less upside to be gained if pCUB is ripping.
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The people doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved deeply with her group and @fyrstikken . Her discord is Battleaxe#1003. I cant prove she is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing it. I was drugged in my home covertly, it ended badly. They have tried to kill me and are still trying to kill me. I bet nobody does anything at all. Ask @battleaxe to prove it. I bet she wont. They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
Does cub really matter to have this give away?
Yes
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Ohhh probably I will try getting some
yep it needs to be active in one of the farms or kingdoms I do believe in order to be counted over the next 60 days
Ohhh so if I don't get a cub within the specified time I wont be eligible?
I believe ever day for 60 days a snapshot is taken so you do need to have CUB in the kingdom in order to get any of the airdrop over those 60 days. You can add to it each day. Or when Polycub goes live of course you could buy polycub or add to the farms and kingdoms there and earn polycub.
Alright then no problem I will try and get it done thanks
So only active CUB qualifies for the PolyCUB airdrop, and active CUB is what's in the Farms or Kingdoms. CUB under the mattress or in a wallet doesn't count; it's CUB which is being used for something.
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Yep per their article here https://ecency.com/hive-167922/@leofinance/introducing-the-usd1-000-000-polycub-airdrop-to-cub-stakers
The three that are counted are
CUB Kingdom
CUB-BUSD Farm
CUB-BNB Farm
I'm an idiot so go slow with me man lol
But is the easiest way to take advantage of the air drop...Simply staking pCUB on CUB in a Kingdom?
The airdrop will be based on CUB token on CUBDeFi. So any CUB that is within Kingdoms and Farms actively being used I 90% believe is what will be counted towards the air drop.
Thanks for the tips
I'm a simple man so I'll probably just stake my polycub and let it grow
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I feel that, I'm a hodler as well but the cool thing is it seems like Polygon will be actully leaning towards rewarding hodlers a lot more which is cool
ok, so I am discording a little with Khal. I am going to claim my airdrop and stake it. That part I get.
What I'm not clear on is what to do with my old leo. He says to wrap to pleo and stake to pleo-matic. I suppose that means I wrap, then sell some of my pleo for an equal amount of matic and stake to a farm? I'm not sure on how to do it or if I wrap to pleo just stake that somehow. I hate to wrap my regular leo so I will just take maybe 2000. Do I have the process right?
Also what about just staying in Leo all together? Not sure why leo will increase in value.
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LEO has many cases.
LEO token itself is used on LeoFinance for voting power and curation
LEO token can also be used on Diesel pools here on Hive
bLEO is wrapped leo on the Binance smart chain used on CUBDefi.com
wLEO is wrapped leo on the Ethereum network (I think it's used in gysers but I haven't explored any of that myself)
pLEO coming soon is wrapped leo on the Polygon network.
You could take LEO you have and wrap it into polygon (pLEO) if you want to use it in the Polycub defi platform *There might also be an option in one of the CUB kingdoms once launched but I'm unsure on all that till it goes live.
The reason why LEO could increase in value is there's more utility to it. I personally don't see LEO token itself pumping too much though.
When CUB launched the airdrop was based on how much staked LEO you had which is why it pumped that price to over $1
This time around however CUB is the token you need for the airdrop so CUB most likely will pump (and has a bit)
Hope that helps clearing up some things.
I set up Polygon on my Metamask account a while back and I have enough to cover any transaction fees. So I think I will just play with the airdropped PolyCub and just watch how things go.
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That's pretty much the road I'm taking as well