With yesterday's -10.5% dip in $POLYCUB price to $0.223439, it's obvious that the asset is rallying in its lows and preparing for a price flip. Plunging from an initial price of $3.90, POLYCUB has made a downtrend cumulating to -94.3% over 50 days to its percent price and it looks like the bottom has been reached.
The 50-old PolyCUB DeFi prides as a novel creation in the DeFi-Verse with a unique combination of DeFi 1.0 and DeFi 2.0. Bonding, xPOLYCUB governance, collateralized lending and more are the features that make PolyCUB stand out among other DeFi options and that contributes to making POLYCUB a really scarce DeFi asset in the near future, each time we're conscious of the fact that there'll only be 7 million POLYCUB that would every exist.
The PolyCUB governance creating added utility for xPOLYCUB will make xPOLYCUB more bullish in that communities leveraging PolyCUB DeFi would need more xPOLYCUB to vote for PolyCUB LP rewards distribution to their favour. This utility is primed to bring more crypto whales to PolyCUB for the amazing profits underway, especially with a scarce asset like POLYCUB at the center.
The just concluded governance voting for claim days adjustment has revealed why every PolyCUB investor should hold more xPOLYCUB to be able to have a voice in the PolyCUB governance ad resource sharing. A persomnal report by shows how the xPOLYCUB holdings distribution influenced the outcome of the voting results.
The explanations regarding the backing of pHBD on a 1:1 ratio with HBD on Hive has cleared some doubts, thereby, making PolyCUB more appealing to investors. pHBD-USDC already stands at $306,410 liquidity.
How to convert your LEO to POLYCUB
LEO is a layered token on the Hive blockchain as blogging rewards for cryptocurrency and finance contents posted on leofinance.io. The LeoFinance has built cross-chain bridges making it possible to move assets across different blockchains. I've decided to move some of my LEO earnings from Hive into PolyCUB to stake for more xPOLYCUBs for future governance voting participation.
I'll give a simplified guide in this post on how to convert $LEO on Hive to pCUB on Polygon network for DeFi participation. I took screenshots of every step taken and its simple as a, b, c.
- Log on to https://wleo.io/polygon to wrap your LEO to pLEO
- Copy your Metamask wallet address which is linked to PolyCUB in the "LEO to PLEO" form below and click "submit".
- A dialog box appears, there, insert the amount of LEO to be wrapped. Remember that 1 LEO would be charged as the wrapping fee.
- You receive a prompt on how many pLEO would be received. Confirm and click "Ok".
- Confirm that pLEO has landed your MetaMask wallet. That happens in few seconds.
- Follow this link to the sushiswap interface for pLEO and POLYCUB
At the time of making my transaction, 200 LEO was worth 131.64 POLYCUB.
- Confirm the conversion and click "swap".
- Click "confirm and authenticate transaction with Metamask.
Your transaction gets submitted and can be confirmed in the Sushiwap explorer.
- Confirm that your POLYCUBs is in your wallet.
- Head to https://polycub.com/staking to stake your POLYCUB.
- Click the "+" sign to stake your POLYCUB into xPOLYCUB
- select your POLYCUB quantity and click "confirm".
My 131.4 POLYCUB was staked to 6.3 xPOLYCUB added to my xPOLYCUB quantity. Presently, xPOLYCUB/POLYCUB ratio stands at 20.82 and this means that in the future, I'll be able to have more POLYCUBs back when xPOLYCUB is unstaked.
At $0.22, POLYCUB is so undervalued with the utility is has as well as XPOLYCUB at $4.62. I feel now is just the best time to load up one's PPLYCUB and xPOLYCUB bags while the prices remain low.
Learn more about POLYCUB - the Best Sustainable DeFi?
These posts would be of benefit in explaining more on the DeFi 2.0 pioneered in PolyCUB and how it plays out as a game-changer in the DeFi space, optimizing yield and serving long term decent profits to investors. They are:
- Why Would Anyone Buy POLYCUB 1 Year From Now?
- Introducing the PolyCUB Roadmap | xPOLYCUB, Bonding and Collateralized Lending
- PolyCUB | Emissions "Halvening" In 2 Hours and the Future of Sustainable DeFi Through Utility AND Scarcity
- Bitcoin Moguls now know and demand PolyCUB
Make your money work for you on POLYCUB - PolyCUB is the best DeFi lending platform in 2022
Are you yet a part of this fast evolving change in the cryptocurrency industry. The earlier the better!
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About me...
I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.
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