Most people don’t know the insane opportunity that comes with Defi yet, and it’s not their fault, because information and knowledge is power, when you don’t know it, you don’t know it. Well, you are lucky to have come across my blog, if you are a consistent reader of my blog, you will know how much I emphasize DeFi, and how it’s one of the best creation off crypto. It rewards you for staking and providing liquidity which is an opportunity you can hardly get anywhere.
We are lucky to have the opportunity of polycub and lucky to have a team that is determined in making polycub a huge success for all its investors. Ever since the launch of polycub went live its been one utility added every time and the beauty of this is, it’s on the polygon blockchain. If you are conversant with DeFi you will notice how gas fees is sometimes an issue but on polygon it’s a different ball game because it’s extremely cheap.
Polycub & Providing Liquidity
Some of you may not know this, but do you know that you can provide liquidity on polycub and have a chance of sharing $500. Yep, it’s true, do you know that if you had provided liquidity in the past as an early investor on polycub you also get a chance. The Leofinance team have decided to set up a challenge for liquidity providers to have the chance of sharing $500.
This liquidity is only for three liquidity pools which are:
pHBD-USDC
pHive-Polycub
pSPS-Polycub
I love the pHBD-USDC Liquidity pool so much, majorly because it consist of StableCoins and the APR is amazing, imagine making over 30% APR for a less risk investment. The team had a liquidity goal for each of these pools but unfortunately they haven’t attained it yet. I remember the team talking about having a massive PR for the pHBD-USDC liquidity pool but only if it gets to $500k. It’s not there yet, but in my opinion, the team has done really great for theirselves because pHBD-USDC liquidity goal is less than $200k away from the goal.
If you are a newbie, then you should check this out on tutorials on how to provide liquidity. If you an oldie then all you need to do is provide liquidity.
Getting A Chance To Share $500
First it’s right to know that this contest is about to end and it’s ending 31st of May, but the opportunity to share the $500 will start June 7th. So you have just few hours left to be part of this contest. This contest is expected to be fair and honestly, it’s a win-win kind of contest. You don’t have to be a whale to win this contest as it’s going to be based on raffle draw. Raffle draws is just a fair way of choosing a winner, and you participate in this contest by having a raffle ticket, how do you get a raffle ticket?
You get a raffle ticket by providing liquidity in any of the stated liquidity pool with at least $25. Every $25 liquidity you provide, gives you 1 raffle ticket. If you provide $50 it gives you 2 raffle tickets. But if you provide $49 liquidity in the pool, you will still have 1 raffle ticket. So the higher the value, the higher your raffle tickets, the higher your chances of winning. So to increase your chance, you need to buy more, but in raffle draws, anything can happen.
If you are among the early adopters, for every $50 liquidity you provided, you will have 1 raffle ticket. So you also get a chance to share the $500.
A Win-Win Situation
It’s a win win situation because you you earn massive APR for providing liquidity and you get a chance to share $500. So it’s a big win for you. After providing liquidity, all you have to do is go to this post by 