This Polycub feels different from the last time
I like to think I’m a simple person, I like simple things and interestingly, quite contrary to most people, I found the Polycub user interface to be simple enough to use, except ofcourse the “claim button” which seems to be a general internal issue.
In my opinion, I’ll say the launch went on smoothly and it sure feels good to have those early $Cub days feeling again.
I started up with pooling about $800 worth of asset in the Pleo-Matic farm. I had to sell off my Plot of splinterlands at around $350, sold off few hive engine tokens lying around, sold some DEC, added some HBD and came up with a total of around $410 to complete the Matic side.
For the PLeo side, I powered down a bit of the Leo I’ve had powered up. My plans for 10k Leo power has therefore taken a little break, hopefully my ventures are successful, I’ll build back at even a faster rate.
My HBD withdrawal arrives in a couple of hours, I’ll be buying back my plot of Splinterlands and replace other tokens with it. Hopefully I can resist the temptation to use it to add to my LP position rather than use it to recoup my portfolio, heh.
Feels different than the last time
I don’t know if it’s just me, but this time feels different, I can vividly remember the first CUB platform, many of us didn’t have as much knowledge as we do now. Now, we have more experienced dev team, more experienced users and vastly improved tokenomics to work with.
I like the concept of the 50% tax on early conversions that is directed to xPolycub stakers, keeps people within the pool, and gives more incentives to further stake Polycub for even more juicy APR’s. This is something that was missing in the first Cubdefi platform and I feel it is really important to the success of Cubs tokenomics
However, it is interesting to realize that the best and most rewarding farm in the whole of DeFi is right within reach. The over 3000% APR in the PLeo-Matic farm is just wow, and as you can see, Leo is responding to this quite well in the markets. I mean who doesn’t want such amazing APR.
If you also look at the stable coin side, Polycub is giving the highest APR on stable coin staking in any legitimate DeFi farm in the space.
I like it, I should have a ton of stables in here, I’m super tempted, aren’t you? What I even find most interesting is that I have no fears for rug pull. What’s most interesting to you about Polycub?
Posted Using LeoFinance Beta
What is PLeo? I don't know it. What do you suggest to do with HBD? I have HBD over 100 and all in savings. Sometimes, I think to convert them to HIVE when the price is down.
PLeo is the polygon version of Leo, it just got launched with the Polycub platform. The APR is insane.
I’ll say you should keep growing your hbd savings gradually while also simultaneously growing your Hive holdings. It’s good to have both at hand.
Alternatively, If you can properly time the market, you can use the HBD to buy hive when it’s low and sell when it’s higher, to increase your HBD’s. But timing the market can be very tricky that’s why it’s not always encouraged.
Posted Using LeoFinance Beta
Thank you for the explanation
You’re welcome :)
There is a lot of things to like about Cubfinance and what is happening with it now. We are seeing the expansion of things in a big way.
Posted Using LeoFinance Beta
And I’m super grateful to be here for it all.
Posted Using LeoFinance Beta
I think we are already experienced for CUB launches 😂
PolyCUB is an absolutely self-sustaining and profitable decentralized finance platform. Next ones will be even better !!! 🦁
Next ones will even be better!!!!! This makes me so excited and I’m anticipating them already.
Posted Using LeoFinance Beta
Aped into the stablecoin kingdom after reading this. No idea why I didn't think of this earlier. Thanks!
Posted Using LeoFinance Beta
Heh! Happy to see that. It is too tempting. I think I might just follow suit
Posted Using LeoFinance Beta
Happy farming!
Posted Using LeoFinance Beta
I like that this is just the first expansion of Cub Finance onto another blockchain. The base for expansion to other chains like Avalanche, Terra Luna, Thorchain, etc... That will all be airdropped back to the CUB stakers.
Posted Using LeoFinance Beta
Sweet sweet music to my ears.
I love that all the expertise and lessons learnt from this launch will be ported to the next platforms and they’ll be even much better than this one. Sweet stuff. Onwards
and upwards!
Posted Using LeoFinance Beta
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It’s actually the right time to smile to the wallets for those who have enough capital to stake . Happy Farming Season!
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