LeoFinance ecosystem has been exponentially growing with beneficial products on Hive, Binance Smart Chain, Ethereum, and Polygon L2. While blogging, micro-blogging and De-Fi projects are developing separately, the use cases of the products become quite useful for the Hive ecosystem.
The Farms on PolyCUB consist of Hive blockchain assets and PolyCUB & Stablecoin pools that bring many opportunities for those who want to get maximum yield on their savings. On PolyCUB, you can pool your Leo Token, HBD, Hive and SPS tokens to receive decent APY on pools.
PolyCUB Token Gets Stronger
Since the start of May, the whole crypto ecosystem was shaking due to global risks, problems in economies, and LUNA FUD. Yet, the performance of PolyCUB has diverged from the downtrend that the cryptocurrencies followed. I can easily claim that those who hold PolyCUB think that the token is still undervalued.
As you can see above, the token has gained around 25% value though it was a tough month for us. How about the amount of money needed to test the All-time-low level for PolyCUB?
According to Sushiswap rates, ~ 24,000 USDC is needed for PolyCUB to test the lowest price levels of all time. Nothing is impossible in crypto but, considering the scarcity of tokens and firm steps in the uptrend, investors do not want to sell cheap PolyCUB to market while they are getting juicy APR!
TVL Targets for LeoFinance Community
The TVL goals are the first challenges for the size of pools on PolyCUB. When these goals are achieved, the money flowing into PoL will increase gradually to have a positive impact on the price and the APR on PolyCUB pools.
POLYCUB may be $0.15 now, but the limited 7M tokens that will ever be minted will always rise in value over long timeframes.
Basically, the more growth the project gets, the higher return of an investment will be received by the community as the PoL is working for this purpose 😎
The targets for May:
pHBD-USDC: $500k in liquidity
pHIVE-POLYCUB: $100k in liquidity
pSPS-POLYCUB: $100k in liquidity
I think these targets can be easily achieved in 10 days before June 1. Until now, I have witnessed the growth of 3 pools since the morning.
In the next few months, the only way to earn POLYCUB will be through the buyback and redistribution of value accrual from the above 14 methods (+ any other V2 vaults we add between now and then).
Personally, I am satisfied with the nice return on my investment on these farms. Considering the trend of PolyCUB token, I'm not stressed out with non-stablecoin liquidity pools, as well.
Just take the depressed market conditions and the performance of the PolyCUB token and try to foresee the potential of the gains in the bull run 🤩 I think the first month of the challenge will be successfully done before the deadline. I'm up for it ✌🏼🦁
Do you accept the challenge?
Share your thoughts with us 🐾💎
Posted Using LeoFinance Beta