RE: Why Taking Quick Profits May Be a Bad Strategy for PolyCUB?

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Still can't see beyond a highly structured ponzi scheme, sorry. There is zero utility atm, IMHO.

I can understand the original AMMs on each chain, some evolution AMMs that can include cross-chain bridges, or incentivized LPs of gaming tokens to create liquidity (Katana pools in Ronin , Mobox internal pools or DEC pools for Splinterlands)

But this... AAVE, Sushi, 1Inch, Cake, Goose, Curve, ApeSwap, Autofarm... There are just enough, IMHO.

Happy to be proven wrong, ofc, not looking to be trollish or disrespectful. Just my impression. Heck, even CUB has more sense almost one year ago. But now? Are we going to be talking also another 6 months when we port Cub to Terra ecosystem (which is something that would happen eventually)? Port to Avalanche? Cardano? etc etc? What are the specific and tangible profits? No tokenomics wizardry. I mean profits. Money going from one protocol/system to Cub coffers. What is the point?

Sorry for the rant.

Posted Using LeoFinance Beta

hive-167922 leofinance
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Personally I see CubFinance as the home base of these LeoFinance defi ops. And I won't venture too much in additional launches unless I really like the model and the blockchain where it's launched.

Benefits to CubFinance (and to some degree Leofinance atm) are the following, in my opinion:

  • linkback to home base from additional platforms, which might bring some additional investors from the respective ecosystems
  • burning CUB through LeoBridge, and the more ecosystems it will include the more used it will be and so the fees may become significant
  • once the bridge to Hive will be created, wrapped versions of HIVE (and possibly HBD) will likely exist on all those ecosystem; plus the potential to have a native HIVE on Thorchain, maybe, since Thorchain integration is the next target for Khal after Polygon.
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