In this clip from one of the past AMAs, we talk about the complete 180 we're doing on PolyCUB in terms of how the vaults work.
We've seen how Kingdoms work and seen how much value they've generated but, since the release of pHBD, we've seen a substantial increase in the total value generated for the Protocol Owned Liquidity.
This sudden increase has made us even hungrier to grow the total liquidity and even gave us a few ideas on how we're going to do so.
We've got a solid model we've built for deep utility and intense scarcity. With only ~7 million PolyCUB available, it's an intensely scarce asset. The thing that amplifies value is that you have scarcity and you build extreme utility for it.
What we're doing with PolyCUB governance, collateralized lending, and other features on PolyCUB is building even more utility for PolyCUB. When utility meets scarcity you have number go up!
We're going to start migrating every vault on PolyCUB to look like more Thorchain with each of our vaults will be backed by PolyCUB.
We talk about this and more in this clip from the Weekly AMA!
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