PolyCUB seems strong in this Crypto Winter

PolyCub is a DeFi 2.0 Yield Optimizing Platform by Hive account@leofinance and this is the second defi project by them. Its built on the polygon network and earlier they had launched one built on Binance smart chain (BSC). When it comes to decentralized finance then transaction fee is an important part that most first consider while investing in the platform. It is because it's not one time instead every time we make some changes to the investment then we have to pay the transaction fee. For example, it is very high as compared to polygon on the ethereum chain and this is why many people avoid investing in such platforms built on the ethereum blockchain.

Polycub is defi 2.0

This is one of the platforms which offers much more and the kind of investment options. Its not just limited to yield farming as there are multiple options and even the governance part brings more benefits to the community. Now many projects introduce a governance model through which they try to make the project decentralized and for any chnage community members must agree to the same. For example, the splinterlands game is a project that does submit proposals to the community for any chnage and it gets implemented only if the community approves. Similarly, polygon also followed the same model Yield Governance and the community has the power to approve or reject the proposals. PolyCUB Improvement Proposals (PIPs) is the same thing that you can check out for more information

PolyCUB (POLYCUB) is the native token for the PolyCUB yield-optimizing platform. Users can earn POLYCUB by participating in any of the Kingdom vaults or by staking it into xPOLYCUB to earn the 50% fee penalty generated by other farmers who harvest their yield before the X-block locking period.

Stable Coins added

We have pools with coins like Hive, HBD, and even SPS which are the most used coins in the hive platform. There are pools with stablecoins like HBD and USDT and with such pairs, we need not worry about impermanent loss. Some people are not investing in DeFi because of impermanent loss but PolyCUB has solved this problem through the stablecoins pair.

PolyCUB Price

Here is the 7 days chart for PolyCUB and the price seems to be stable. I know that it has already dropped a lot as compared to the launch price but I believe that the initial price is always on the higher side. When more people earn the native coin then they start booking profit which pushes the price low and probably the same happens with PolyCUB.

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This is not financial advice but I believe that PolyCUB will grow once the market recovers and since a major stake is locked for the long term so this can be considered a plus. Buying now when the price is in the range of $0.02 can get us more coins and by depositing coins, we can earn up to
17.32% APR. This is not huge but surely not bad as compared to what banks offer. Most of the banks in India pay around 6-7% max per year and this is almost 3x of that earnings. Maybe the case that this apr drops further in the next few weeks or months but still it will be a better option to keep it. Here I am not considering the price appreciation that we are going to see once the market recovers.

Risk is involved with any investment that we do so with defi also we have the same risk appetite. I have seen higher risk with mutual funds also but with defi the good thing is that we can earn significant returns as compared to mutual funds or any other investment instruments.

Thank you