PolyCub Is Live - Some Tips for Setting it Up

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PolyCub IS LIVE! Some Tips for Setting it Up

The day is finally hear! I remember hearing about this and talking about it months ago and started to really plan for it four months ago. First off congrats to Khal and all of the LEOFinance team for the launch of another project! What started with just LEOFinance has now grown to multiple places such as Ethereum, Binance (CUB) and now PolyCub on the Polygon(Matic) platform.

I have to say with the launch of CubDEFI and the help from many people there I've learned a great deal that made setting up Polycub nearly question less. Of course I did have a few questions so this articles going to go over how to get started and questions I had.

Claiming Your Airdrop

If you have any CUB tokens on CUBDeFi that are staked into the CUB Kingdom, CUB-BUSD Farm or CUB-BNB Farm. These three places are where your CUB must be at work in order to count towards the airdrop.

You can either claim it on CubDeFi via the airdrop page > https://cubdefi.com/airdrop
or
You can claim it on the PolyCub claim page > https://polycub.com/airdrop

This will go on to your POLYGON (Matic) chain for your metamask or whatever wallet you are using.

If you need to setup your Metamask for Polygon I recommend this article here

How to Add Polygon Network to Metamask

Once claimed you now have some Polycub which can be sold, added to farms Polycub-USDC, Polycub-WETH are now all viable options with your Polycub. You can also add your new found Polycub into what is called the xPolyCUB. Here's the definiation of that and how it works.

"PolyCUB (POLYCUB) is the native token for the PolyCUB yield optimizing platform. Users can earn POLYCUB by participating in any of the Kingdom vaults or by staking it into xPOLYCUB to earn the 50% fee penalty generated by other farmers who harvest their yield before the X block locking period."

How To Wrap Your Polygon Matic

For me one of the places I wanted to invest in required WMATIC which is the wrapped version of polygon Matic. In order to do this I personally did it on Sushi Swap > https://app.sushi.com/swap By changing the bottom convert to WMATIC I was able to easily change my matic to WMATIC.
*I'm still unsure as to why it's labeled that way because Polycub is on Matic so you would think you wouldn't need to so that might be a FYI and miss type. In any case it worked for me and that Farm is now earning.

XPOLYCUB

xPolyCub is something brand new to the secne and I want to go over it a bit. xPolyCub can be found on the staking page here PolyCub Staking not only does it earn from the 50% penalty from farmers who harvest their yields early but they also earn much like how CUB does in Kingdoms like on Cub Kingdoms

If you have any questions feel free to drop them in the comments below. I know a good bit from the last DeFi launch and learned a good deal but of course I don't have all the answers. So if others would like to jump in on the questions from others below feel free to do so.

As information is confirmed I will also update this article so it can be a resource for others. Stay awesome my friends and happy earning on the Polygon(Matic) Blockchain with POLYCUB!

Posted Using LeoFinance Beta



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17 comments
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Thank you. Very useful piece. Happy polyCub's day!

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(Edited)

Thanks for the tips @bitcoinflood. After staking PolyCUB, we get xPolyCUB which is also liquid I guess. Can we further use xPolyCUB anywhere else? Any idea about this?

Posted Using LeoFinance Beta

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I think it's all set up but now I need Matic to claim the airdrop, it tells insufficient funds.

Posted Using LeoFinance Beta

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You can swap a little Hive for Matic and withdraw you matic to your polygon address.
Als can be don from hive engine. You need about 0.005 sometimes less to do 1 tx on polygon. So only swap for small amounts. Since the price for matic on hive is not that good.
DYOR no financial advice I transferred 1 matic in total and it will last for a while :)

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Those are some great tips. I had to go through a few different issues trying to figure things out and I learned a bit through the discord chat.

Posted Using LeoFinance Beta

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Allright thanks for sharing this, I will set things up tomorrow!

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Congrats on your startup. I am sure this is not easy. I know lots of people have been looking forward to this day.

Posted Using LeoFinance Beta

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This is literally, the toughest decision I've had this year lol

So I keep being a Splinterlands degen....

Or do I start diving into PolyCub more!

The struggle...

Posted Using LeoFinance Beta

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lol decisions decisions, I went pretty hard into CUB the last two months which is paying off decently now with the airdrop. Of course with any DeFi platform I kind of see Polycub prices dropping here at some point but they still have room to rise much like CUB did.

I said I would get my deck in Splinterlands maxed out. That didn't happen sadly as I pooled into some other newer projects but I'm thinking this month is time.

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Very informative. I am just getting started in crypto and this looks like a good one to dive into.

Posted Using LeoFinance Beta

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I have caught on the PolyCub news and super excited to get into it. I have a question though, when I am withdrawing Matic from Binance, do I select the Matic network to withdraw to? Will this result in the Matic landing up in my metamask wallet?

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Gotta check out. First I've heard or seen.

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