Is Polycub is getting prepared for bull run?
At current market scenario when everything is going in dip , so polycub price is not giving uptrend is not worrying and it look like the dip of the polycub is at 13 cents and it was recorded before Terra-Luna fiasco.
Look like Polycub was recovering and reached around 25 cents and look like it get dip with Terra-Luna fiasco that dipped the whole market and dragged the whole market to bear and in current state it is not even sure that how long this bear market can go as BTC is keep oscillating around 30K USD so any jump in crypto market might help up in going up the Polycub too.
Is Polycub growth is dependent upon bull/bear market?
Since Polycub is a platform where users are providing liquidity as well swapping the tokens. While Liquidity provider earn the polycub but in same time they also earn transaction fees that is distributed to the pool.
My understanding is transaction fees is fixed on percent instead of fixed Dollar value , so pool value in Dollar will also increase less.
But , if Pools are consists of the stable coin - stable coin , then transaction + all other fees (wrapping , unwrapping and Bridge fees are not dependent upon market and platform will earn same in each transaction unaffected by bear market.)
So making deep liquidity pool in stable coin (pHBD - USDC) and having more transaction in stable pool will make Polycub unaffected by bear market.
How much Polycub is really available (Deflationary mechanics)
Token value is really dependent on it's usecase and the demand for that use case. Token Supply also plays a great role in it. Looking at Polycub , it is evident that almost 4 million Polycub is locked for xPolycub and close to .5 million Polycub is locked in Polycub-USDC pool. So look like only less then 3 million Polycub is currently available in market and total supply and emission will stop and platform will turn into Defi 2.0
Real growth might kick in Protocol owned liquidity.
I am expecting some strong growth once platform switches to Defi 2.0 and Protocol owned liquidity where the profits of the Protocol owned liquidity will be used to buy Poly cub and boost it's price. Current price of Polycub is look to me to go for upward trend only.
More pool , more transaction , more growth.
I feel though SPS and HBD pool are great but still they are competing and try to provide better APR then the existing APR but just imagine if team start giving some APR in combination where earning and pool are non-existent. Let say to start the POOL of LEO-DEC , I see this currently non existent and lot of user will be liking to transact in this pool that will give deep liquidity and nice amount of transaction to the pool, increasing the overall value of the pool.
There is still option to start many pool and I am little surprised that no Hive tribe is interested to put their token in the polygon chain that will give them some exposure outside the Hive too.
It might be early to predict but may be correct time place my bet.
OK, unless the Protocol owned liquidity do not come into action, it is little tough to estimate that how much it will boost price, but seeing the current price and future roadmap, I am putting my bet on it.
If you like to visit the platform then can visit it at https://polycub.com
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