The New Direction of PolyCUB - Building Multi-chain Bridges Around V2 Vaults

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Greetings to my esteemed Lions 🦁 on the LeoFinance ecosystem and the entire hive blockchain. It's a new day and it's time to expose more light on the values of PolyCUB and how it can change our financial fortunes in the nearest future.

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A good investor is kin at what value he or she can get for their money. Value to me is everything when it comes to investments.

If you want to talk about value, then talk about PolyCUB. This is because the arrival of PolyCUB in early March, changed the gimmicks of LeoFinance ecosystem. From that period, till now PolyCUB have brought thousands of dollars to the LeoFinance platform.

What's the new direction for PolyCUB
PolyCUB new direction is simply the continuous value create through the PolyCUB utilities.

Prior to now, the ideas around PolyCUB was to create a yield optimizing platform through management fees which amounts to about 10% of the entire project.

The new direction for PolyCUB started immediately the idea of providing liquidity pools for HBD on the Polygon network in what's is popularly known as PolyCUB HBD (pHBD).

pHBD saw the swift migration from creating values through management fees to creating values through a multi-chain bridges that's linked to PolyCUB and works through the PolyCUB owned liquidity (Pol).

We've seen how Kingdoms work and seen how much value they've generated but, since the release of pHBD, we've seen a substantial increase in the total value generated for the Protocol Owned Liquidity.
This sudden increase has made us even hungrier to grow the total liquidity and even gave us a few ideas on how we're going to do so.Source

Anyone that values the PolyCUB project, will know that there's massive values created by just $350k liquidity pools for pHBD, meanwhile, the entire expected liquidity pools for pHBD-USDC vault stands at 5 million.

PolyCUB Building Multi-chain Bridges
With the rate of acceleration taken by pHBD and other PolyCUB V2 vaults, more multi-chain bridges needs to be built around PolyCUB.

Like in the case of Thorchain, everything is built around it's native token RUNE.

RUNE can be traded with US dollars (USD), Bitcoin (BTC), Ethereum (ETH) or a different crypto.Source

This is the way the LeoFinance front desk have projected or designed PolyCUB to work, with PolyCUB being able to perform every transactions including: Bitcoin, Ethereum, Litecoin amongst others.

PolyCUB being the center of gravity, will earn rewards from all the above listed smart chain networks and still create more yeild from PolyCub owned liquidity.

Incorporating the PolyCUB V2 Vaults into the Multi-chain Bridges
One of the ways to incorporate PolyCUB V2 vaults into the said multi-chain bridges is through providing liquidity pools for relevant native Hive tokens. What I mean by native Hive tokens is simply HBD, SPS as well as Hive itself.

At the moment, the LeoFinance team have provided liquidity pools for HBD, Hive and SPS on the Polygon network, although there are still some Hive Engine tokens that needs to join the PolyCUB liquidity wagon, such as BEE, CTP and even the Cent token.

Currently, pHBD seats at about $350k liquidity, pHIVE at $154,779, while pSPS at $27,270. Apart from pHBD that have a targeted 5 million liquidity pools, pHIVE and pSPS, should have above the current liquidity pools in dollars.

I'll finally say that, the new direction for PolyCUB is to continuously create values for PolyCUB and position PolyCUB to hike above $10 in the nearest future.

Posted Using LeoFinance Beta



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