💰 Earn 41.29% APR staking your $HIVE on PolyCUB!
Stake HIVE today on PolyCUB Farms for Higher Returns
Staking $HIVE on the Hive blockchain and curating with it gives a user about 10% APY as profit. That return is one of the amazing benefits of staking Hive. Unstaking Hive has a 13 week cool down period in intervals of 7 days. This long unstaking period has always been a feature alleged to prevent huge investors from buying into Hive since a whole lot of changes can happen in the crypto space within 13 weeks of waiting for staked Hive to become liquid.
The saving of HBD with 20% APY return has become the new cake of the Hive blockchain coupled with the fact that withdrawing HBD from savings takes just 3 days. @LeoFinance has always been a bridge builder for blockchains and offering sustainable and profiteering solutions for investors in the blockchains it like swith.
One of the lofty creations of @LeoFinance that has made investment in Hive assets (HBD and HIVE) more profitable than ever is the vault farms on PolyCUB DeFi. The PolyCUB vaults provides the possibility of staking HBD as pHBD in the pHBD-USDC vault and HIVE as pHIVE in the POLYCUB-pHIVE vault. These comes with huge returns of 20.4% and 41.29% APY respectively coupled with deep liquidity created for the assets.
Another very winning point for staking pHBD and pHIVE is that providing/removing liquidity is instant as well as wrapping/unwrapping HBD and HIVE into/from the Polygon network. This is against the 3-day and 13 week waiting period as obtainable on Hive blockchain.
POLYCUB is a Scarce Asset to Earn as pHIVE LP Bonus
I had shared thoughts on the reasons why every Hive holder should stake pHIVE on POlyCUB. One of the very crucial benefit of staking pHIVE on PolyCUB is that POLYCUB is designed to be as scarce as Bitcoin. In fact, owning POLYCUB now is as good as owning Bitcoin in 2010.
While this post has concentrated on pHIVE in the pHIVE-POLYCUB pool and how it would better Hive and Hive users, we shouldn't forge that POLYCUB was designed to be a scarce DeFi asset. POLYCUB was modelled after Bitcoin and it's not wrong to view it as a DeFi BTC.
We must not always forget that there are only 7 million POLYCUBs that would ever exist, and with the coming 7 more PolyCUB vaults which will struggling for POLYCUB yield, we see millions locked up shortly and the price would have been heading top its design $5.
We did get a reminder from LeoFinance on the tokenomics of POlyCUB in this tweet which read thus:
It just got more difficult to mine #POLYCUB
Yesterday you could mine 20,500 #POLYCUB per day
Today, you can only mine 10,250 per day
Next month, you’ll only be able to mine 5,125 per day
Are you staking HIVE on PolyCUB already or would you start now?