The Metamorphosis Of The Digital Asset Cub
So today i decided to talk about one if leofinance products CUB which was the foremost method with the leofinance development created for the sole aim earning more digital assets for providing more liquify for the pool. Before we go further let’s just share some light on what Cub and Cub finance is all about.
Cub is the native token for the Cub finance which CubFinance is a DeFi platform that operates the Multi-Token Bridge (MTB). The MTB allows derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets.
Fast forward, the leofinance development team saw the need for an upgrade with the release of PolyCub which it’s regarded as the king of defi2.0 has really pointed the value accrual and APY towards the right direction, with the quest of the team trying to solve the demand and supply issue with the hive blockchain currently face.
They took their first step further in creating xPolyCub which is said to be earn when you stake PolyCub, which now the leofinance development team had made it possible where by creating another opportunity for it’s investors to earn by introducing a scenario where by your xPolyCub is staked or locked in a vault for a lengthy duration and during this period the user or investor earns vexPolyCub.
It’s really amazing to see that the team is always a step ahead when it comes to situations as this, and consistently introducing an avenue where these product can evolve.
If you seen this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
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.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Posted Using LeoFinance Beta
Thanks @hironakamura, newbies seems to be confuse with the intricacies sometimes.