The title isn't a bad set up for a joke, it's the honest truth.
I became a dad for the first time a few days ago. My little girl decided to enter the world 3 weeks early which really took my wife and I by surprise. So to say that I have been distracted is an understatement. She's healthy, and beautiful, and we are completely besotted with her. And unsurprisingly, she is taking up 95% of our time, especially given that I still had a long list of things to get done before she was born... back when we expected her to be a late arrival rather than an early one.
Back on topic, today I decided to take a look at the progress that my farms have made. And to also get some more coins over to PolyCub to convert to xPolyCub and increase my coins staked here.
Let's check in on my PolyCub earnings
My earnings so far look like this:
I claimed around 45 PolyCub back when the APR for the PolyCub-USDC farm was around 2000%, and claimed these coins early (suffering the 50% tax). This allowed me to increase the amount in my farm while the APR was ridiculously high. I'm not exactly sure how well this worked out, but don't really care either.
So, at present, I have bordering on $50 in PolyCub locked in preparation for release in a couple of months and around $20 ready to harvest. This is while the price of PolyCub is sitting around 62c (quite cheap in my book).
Growing my xPolyCub holdings
I also converted around 110 Leo to PolyCub to take advantage of the high yield here:
So I now have around $60 worth of xPolyCub generating a nice 750% APR at present.
I am well aware that the amount of money that I have sitting in PolyCub is pretty minuscule compared to many, however this is my first venture into Defi so I was feeling very cautious at the beginning.
I also only need to pull out roughly $250 to get my money back. So, assuming that an increase in PolyCub value will occur at some point in the future along with the ongoing high yields that we are seeing (the USDC-PolyCub farm is currently sitting at 590% APR after the halvening today), I think that this is looking like a pretty good possibility.
The airdrop has also been a nice little way to top up my xPolyCub. While the amount received hasn't been massive, I have quietly been increasing the amount of Cub staked on CubDefi so that my airdropped amount increases slowly over the 60 day distribution period.
Overall, things are looking pretty good on the PolyCub platform. And if you've been following the Leofinance updates on PolyCub, you'll be aware that there is a lot happening on PolyCub right now. So we should see the platform getting a lot more attention in the coming weeks.
Happy farming!
