What's Coming to PolyCUB
Hola everyone!
I was listening to Khal's podcast replay and learned that there are a few updates coming "soon" in PolyCUB.
Governance UI
The governance voting is currently being done manually where xPolyCUB stakeholders will have to send tiny corresponding MATIC amount transactions to vote for the vault they want to have more APR on. Snapshot is taken every week and the new APR changes get reflected on the farms after 24-48 hours.
- With the coming of the governance UI, one would probably just press a button corresponding to the vault one wants to vote. We shall see when it goes live.
- Khal mentioned that maybe, it will be out end of June. Today is 28th so we might see it anytime in the next two days. Hopefully it would roll out smoothly.
vexPolyCUB (Voting Escrow xPolyCUB)
A way to lock up xPolyCUB for a few years and use it in governance. Locking it up will give you more weight in the voting.
Example: If you stake 1000 xPolyCUB and lock it for two years, your voting power might be times 3 (1000x3 = 3000) compared to having just 1000 Vote Weight when it is not locked up.
Apparently, there will be a reward structure so "by locking your xPolyCUB, you get a lot more waiting in governance and more rewards on a single stake." - Quoted from Khal
Wen vexPolyCUB?
I didn't hear about when it is expected to come out but it might be within the year. I'm guessing some are waiting for the Collateralize Lending to come as well so let's see which amongst them will come first.
Goal for PolyCUB and CUB
It is worthy to note about Khal's vision for both PolyCUB and CUB platforms, and that according to him is "to generate long-term sustainable yields that you can rely on." Simply put, the goal is for PolyCUB and CUB to become reliable platforms with stable cash flow where investors don't have to worry about their stakes.
It's something to look forward to but of course, there is nothing set in stone. The protocols will go through the tests of time and circumstances and we hope that they will weather anything gracefully and will one day, finally become very sustainable and reliable in terms of yield, security and governance too.
As of this writing, the PolyCUB price has gained 16+% in the last 24 hours.
Graph from CMC
Meanwhile, the APRs on the Farms are still looking good. Was surprised to see that the liquidity on the pools changed in just about an hour, the pHIVE-pCUB liquidity increased from $190k to $221k and so as the other pools too, except for pHBD-USDC which remained the same.
That happened I think because the price of PolyCUB rose a bit. It was $0.165 when I first saw it while writing and as I finalize this post, it is now $0.185 so yeah, it also bumped up the liquidity in the pools.
And I'm still accumulating pCUB from my lone farmer. The amount below was earned by my little stakes in exactly 7 days. Small they are but will keep stacking them, claiming when they get unlocked from the vault, putting them into xPolyCUB and seeing them grow, slow yet steady. Who knows, a year or two from now, these will add up to my retirement funds, lol!
So yes, that's just about it for today. And of course, none of these are to be considered financial or investment advice. Thank you and cheers!
Logo/s, images and screenshots were from PolyCub and CMC. No copyright infringement intended. 280622/11:40ph
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I saw that update also I am really anticipating to see it come to life
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Let's look forward to them :)
!PIZZA
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Yeah we should. Have a blessed day today
Its looking pretty cool. I am looking forward to thre Governance UI update!
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Yeah yeah very soon
LOL !
Its on the Khalender!
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Alright then no problems about that
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I'm kind of starting to get excited for vex, if people are locking polycub for years it should help make it one of the most consistent and stable defi platforms out there.
Yes, hopefully it will become one :)
!PIZZA
Thanks for the pizza
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
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I hope it pumps the price a bit too, I am looking at a sick polycub portfolio...at least on paper, but the last eight days have been great!
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Hopefully it pumps a lot
Yep Yep to the moon!
:)
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Kasla napartak ti pinag ngato ti value na. Mayat manen :)
Wen ngarud, gulat ako hehe. Namin ano ak nag screenshot ta nagbaliw dagdagus
!PIZZA
Kasta kuma amin haha!
Hehe koma ngarud :) Pati Hive nginmato kalman. Han ko lang nakita this morning no isu ladta
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Isu met lang mejo nginmato battit ti value ti VP ko haha!
Pinapump sa kno ti Koreans hehe. Nag 70 cents earlier today. 62cents sa tatta.
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Ay o? Imbag man hehe.
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I guess I have to get into PolyCUB again. I had invested into the Splinterland pool a few months ago and there are so many good news around PolyCUB recently.
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
All the best to you :) I am on the stablecoin pool and thinking about getting into the PolyCUB-WETH pool.
Thank you for the PGM :)
!LOLZ
Stablecoin pools are always nice. I'm into one on Hive too. SWAP.HIVE:SWAP.BUSD
PloyCub-WETH sounds also good. I will look into it.
That's great, at least your farms are diversified :)
I moved into the stablecoin pool also for the bear market, but it has been a bear full of surprises!
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I think that's a good idea.
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Yay! 🤗
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I didn't know you gave out upvotes!
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More info why you see this.
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Thank you so much for coming over. I won the lottery today :) Cheers!
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Cool Post!
Great things are coming to PolyCub, the UI improvements are great and the formalization of Governance is great!
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Thank you :) And yes, the planned improvements are awesome.
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Your welcome!
:)
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farmgirl and her farming. I see the pHIVE liquidity building up nicely, which reminds me I need to check my pHBD stuff tomorrow.
Enjoy your day CJ:)
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Haha, thank you Tito Ed. Have a lovely night and all the best on your farms as well.
!LADY
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Thank you CJ, enjoy Humpday:)
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Good morning :) It's stormy here, some typhoon came
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Good afternoon to you CJ:)
Oh no, keep yourselves safe over there!
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Salamuch Tito Ed, it's just rain here in our town but I don't know if it is strong in other places. Hopefully not. Take care too :)
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Yes hopefully there will not be much damage CJ
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