It happened just a few hours (maybe minutes) ago that the block rewards on the Polycub Defi platform dropped from 4 to 3... That's nothing unusual, but something that was projected to happen after the second week of the token existence... Firstly, it dropped from 5 to 4 a week ago, and it will drop further in the next week... and a week after that...
What does that mean to investors on the platform? Well, if you are in the Defi space for some time, you have probably noticed that most of the "native" (or better-said, platform) tokens are heavily inflators... That has sense if you are creating the platform for short-term gains, but we know that LEO guys are doing this for the long term... Knowing that it's not a surprise that CUBDefi.com is a year old and it's still alive and kicking... Making profits for the investors, while many other Defi platforms have died a long time ago...
Screenshot from website
On Polycub, there is a different logic behind the scenes... The Polycub token is designed to be like it is, printing fewer and fewer tokens as time passes until the end of the mint! Yes, you heard it well, there will be an end of Polycub "production"... In those moments, funds collected during the minting period will buy Polycub from the market and pay out the investors...
I will not go deep into the mechanics in this post as you can find them in a lot of posts, but I would rather check out what happened a week before when we had the first block rewards reduction... Check out this chart...
Screenshot from website
The first reduction happened on March 12th... Even if you don't know to read the charts, you will understand that the price changed the direction... Will that happen again in the next couple of hours? We will see...
Two things are certain... The first one is that we are "mining" a more scarce asset every next day, and the second is that the APRs on pools will drop down a bit... Both things are certain and expected... Let us see what the will future bring...
Thank you for your valuable time,
ph
If you want to support my witness, you can do it by voting for here https://tribaldex.com/witnesses, or just scan the QR code down below...
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
You can also find me on LEO Finance .:. Twitter .:. LBRY