pSPS is now Live on Polygon: pSPS is the best PolyCUB Multi-purpose value accrual channel on PolyCUB
The wrap version of Splinterland on Polygon network is now live and this is in addition to the already launched PolyCUB DAO (pHBD and pHIVE). The arrival of pSPS means the completion of the PolyCUB V2 vaults, which means we can now start counting our rewards as the day goes by.
pSPS like it's predecessors (pHBD and pHIVE) is to create more values for PolyCUB and it's holders as well as provide more liquidity pools for the on-chain Splinterland token.
Splinterlands and their SPS governance token have seen a dramatic level of adoption over the past year. It's incredible to have a front-row seat to see them reach massive levels of success. We created an SPS Kingdom on Binance Smart Chain (BSC) a while back to support SPS when it first went live and got adoption by Pancakeswap as a Farm.Source
It should be noted that this isn't the first time for the native Splinterland SPS token to gain mass adoption on other blockchains, because the SPS token has been on the Binance Smart Chain platforms. Being on the Binance Smart Chain simply means that there are other liquidity pools covering on the Splinterland token and what pSPS offers the token is what's known as derivations not native assets. It's important to keep this in mind - especially when Splinterlands operates their own SPS on the Polygon network.
With this in mind, pSPS is a wrapped version of Hive-Engine SPS. It allows you to seamlessly wrap and unwrap SPS into pSPS from Hive-Engine to Polygon and vice versa.Source
One of the gains of PolyCUB to pSPS is the wrapping and unwrapping fees that's attached to the pSPS on the Polygon network. With PolyCUB owned liquidity (Pol) fee of 0.25% on wrapping and unwrapping pSPS, PolyCUB tends to move a step forward to its destination as a yield optimizer.
Why is pSPS the best PolyCUB V2 Vaults
One of the unique features of pSPS is that it has already been massively adopted by the Binance and Polygon smart chains prior to the launching of pSPS on the polygon network.
It should be noted that, Splinterland SPS is already available on the polygon network. What pSPS is doing is to add more values to Splinterland community as well as expose PolyCUB to other smart chains to add more values to it.
Unlike the native HBD, which lacks liquidity pools and it's mass adoption on the mainstream cryptoglobal is limited, SPS is already available in other smart chain networks, giving pSPS the avenue to smoothly gain values.
Remember that the cryptoglobal is moving fasting and gaining weight through blockchain gamings and since Splinterland is a gaming community, pSPS stands a chance of adding more values to PolyCUB, then any of the previously launched PolyCUB V2 vaults.
What PolyCub needs now is the complete support of the Splinterland community to help pSPS grow according to plan.
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