Hello Lions!
I'm extremely glad to be back on the platform and believe that it'll be better than the previous journey.
For some days now, I've been looking at the numerous achievements the PolyCUB project has attained since it's launch in early March and the only expression to this is, WOW 😲😲😲!
This just reminded me of the amusement and excitement that was around the LeoFinance ecosystem during the week of it's launch and subsequent events that took place, like the PolyCUB marketing week.
Today, I can say say that PolyCUB is where it is because of visionary leadership and administration. @khaleekazi and the LeoFinance ecosystem took advantage of the change in interest on HBD savings to 20%. This change saw a lacunar in the liquidty pools of the native HBD.
PolyCUB V2 Vaults: the Game Changer:
pHBD-USDC Vault
The arrival of pHBD immediately settled the liquidty challenge facing native HBD. This gives avenue for Hivers to wrap and unwrap pHBD-USDC vault from the Polygon network for just a little fee of 0.25%.
pHBD-USDC vault currently has an APR of about 29%, which is at $350k. This in collaboration with the 0.1 HBD fee for PolyCUB owned liquidity (Pol).pHIVE-POLYCUB. The next in line was the launching of pHIVE-POLYCUB. This came after the experiment of pHBD-USDC vault on the polygon network to know the extent at which the vaults could generate values as well as rewards to the PolyCUB project.
With the success of pHBD-USDC vault, everything became set for other vaults to take over the value hemisphere and bring returns to the PolyCUB.
It's so amazing to note that pHIVE-POLYCUB pools is at 89% APR and $154,000 worth of liquidty pools.PSPS-POLYCUB. pSPS-POLYCUB to me is the best vault, in the sense that it's on-chain token SPS is already a multi-chain token. It should be noted that some years back the SPS token was linked to Binance and Polygon before the further linking to PolyCUB on the polygon network. With the SPS having about 23% APR on-chain in addition to the about 101% APR on the polygon network, it has the capacity to surpass the other two vaults. pSPS is currently worth $27,270 worth liquidty pools.
Other PolyCUB Value Accrual Channels
- xPolyCub Governance. This is a unique design that has the abilities to direct and redirect the areas rewards can move to. The xPolycub governance vote is very active in recent times and still remains as a tool to measure the progress of PolyCUB yield optimizing goal.
- xPolyCub collateralized lending. This is one of the amazing features of PolyCUB project. This is because with this in place, holders of xPolyCub, can use their holdings to lend to other Hivers on the blockchain and still make more interest from the lending.
In the current vision of Khal is to incorporate PolyCUB V2 vaults into the collateralized lending project, with the vaults serving as synthetic assets that can be converted into lending assets.
I'll conclude by saying that, with all this in place, $10 PolyCUB is inevitable, it might take a little time but it's achievable in the nearest future.
Posted Using LeoFinance Beta
