PolyCUB is the hottest new DeFi 2.0 platform built by the LeoFinance team. If you haven't heard of it, I highly encourage you to check out the website and docs.
1 xPOLYCUB = 10 POLYCUB
The most interesting feature of the PolyCUB platform is the xPOLYCUB mechanic. This feature allows users to stake their POLYCUB in a single staking pool that earns fees from people claiming their 90-day-locked harvests from farming. When someone claims their POLYCUB from farms, they take a 50% penalty and that penalty is paid into the xPOLYCUB contract to build protocol owned liquidity. This creates a situation where the xPOLYCUB token can only go up in terms of POLYCUB value. This is not to say that the token can't go down in USD terms, because it absolutely can. The point here is that the longer you have xPOLYCUB staked, the more POLYCUB you can redeem it form. 
xPOLYCUB is a hyper-deflationary token that has a max supply of around 800,000. Every single day the ratio of POLYCUB to xPOLYCUB increases, and today it hit a major milestone. 1 xPOLYCUB = 10.03 POLYCUB. This is very important to look at considering the emission rate of POLYCUB is now rapidly decreasing. Every week, the amount of POLYCUB created per block is reduced until the second month. After the first month, the emission schedule is halved every month following. We saw the hyper inflation and selling drop the price of POLYCUB down to around 67 cents, but I think the FOMO is kicking in.
POLYCUB is just under $1 right now, and I think people are starting to realize the true value of this token. The only way to get access to the incredibly juicy xPOLYCUB rewards is to buy and stake POLYCUB. Keep in mind as well that we are only 9 days into the 60 day airdrop so there's opportunity to grab some CUB on Cub Finance then stake it. This will get you airdrops of POLYCUB every single day for the next 51 days. With the price of CUB down to 24 cents at the moment, I'd say if you're looking for a cheaper way to get POLYCUB.... This is the way to do that. I scooped some for around 20 cents yesterday to increase my daily POLYCUB drops. Every drop I get is getting thrown straight into xPOLYCUB because it will only increase. Another highly overlooked opportunity here is that there's only about $500,000 between the 2 farms with POLYCUB.
It's hard to decide where to park your funds really. I don't like having all my eggs in one basket, so I have some funds parked in the POLYCUB-WETH pool earning $2,321% APR. Yeah, that's right. There's only $267,000 worth of crypto in this particular pool which is honestly mind blowing. I guess more people are worried about parking funds in xPOLYCUB. Can't blame them there. I'm just ready for the mainstream marketing to hit. When articles hit Cointelegraph and Coindesk... I think we could see a lot of degens come out to play . These APRs in the thousands of percent won't last forever so take advantage while you can. The first of a lot of interviews went out yesterday with RiceTV, which has about 26,000 followers.
Not a huge audience, but it is a start. I encourage all of you to go drop comments on the video to spread awareness. We don't want to be lonely on the moon. Or do we?
Can't wait for more marketing to go live. It's gunna be a fun ride.
Thanks for reading! Much love.
Links 'n Shit
| Play to Earn | Read emails, Earn Crypto | Get free crypto every day | Get a WAX wallet |
|---|---|---|---|
| Gods Unchained | ListNerds | PipeFlare | WAX.io |
| Splinterlands | GoodDollar | ||
| Rising Star | FoldApp |
