PolyCUB is such an interesting platform. Right now, we are in the early days of high levels of volatility and even higher levels of APY.
If you've been following along with AMAs and our regularly scheduled podcast clips, then you'll know that we built PolyCUB to be the first ever, truly sustainable DeFi Yield Optimizer.
We're calling PolyCUB a "DeFi 2.0 Yield Optimizer" for a reason. We spent 7 months researching, designing and ultimately developing what is https://polycub.com today. It's an incredibly complex platform with a diverse ecosystem of opportunities.
The most important feature of PolyCUB is sustainability. 1 year ago (to the day) the LeoTeam launched CubDeFi.com and built a yield farming platform on the Binance Smart Chain.
We proved that our community could branch out to an entirely new blockchain of opportunities and capture TVL and real-world adoption. Our community grew and many early investors in CUB outperformed the rest of the DeFi world. Having trust in a platform and pooling early and pooling often proved to be incredibly fruitful over the 12 months that followed.
What we learned from CUB is what led us to develop PolyCUB: a truly sustainable DeFi platform.
Sustainability is the key and that is why you'll hear the LeoTeam talking about it so frequently when it comes to PolyCUB.
How Sustainable is POLYCUB?
PolyCUB's sustainbility as a DeFi token relies on several factors. Namely, Protocol Owned Liquidity, xPOLYCUB Staking Rates and the Supply of POLYCUB Dwindling over time and becoming extremely scarce (much like BTC).
just put out a research report on POLYCUB's limited supply and the emissions curve.
This is pretty incredible once you understand it - POLYCUB's emission rate drops off a cliff post-launch:
What exactly does this mean for POLYCUB?
It means that earning POLYCUB right now and staking it as xPOLYCUB is incredibly rewarding. The earnings rate for POLYCUB is going to drop dramatically over the next 4 weeks and after that, it is further reduced in half every single month.
30-60 days from now, earning POLYCUB is going to be extremely difficult. POLYCUB is designed to be a radically scarce DeFi token.
Early Mining
If you've been on the Hive blockchain for a long time, then you'll remember controversy over "early miners" or "ninja miners" of the coin. This refers to the initial weeks and months of the blockchain when you could earn VAST quantities of STEEM (HIVE) for very little effort.
In fact, this is the makeup of pretty much every token in the crypto industry.
Early BTC Miners earned thousands of BTC per day by mining Bitcoin before it was popularized. The subsequent halvenings have reduced the BTC emissions drastically and now it is very difficult to earn thousands of BTC.
The "mining difficulty" of POLYCUB is constantly getting more diffuclt.
Mining it now is incredibly rewarding - buying POLYCUB and staking it in:
- xPOLYCUB
- POLYCUB-USDC
- POLYCUB-WETH
- or LP'ing any assets on Kingdoms / pLEO Farm
What we've done here is create something akin to a simulation of early BTC mining pre-halvenings. What you're doing is earning an incredibly scarce coin in the early days of its existence.
But Ser, Wen Number Go Up?
This is what we all want to know. Numbers going up is the key to hype cycles and getting people involved from the outside and inside.
In xPOLYCUB, users have enjoy ridiculous levels of wen number go up. This is because xPOLYCUB earns both regular APY from the platform + early harvesting penalties from other users who are staking assets.
The POLYCUB / xPOLYCUB ratio is constantly going up, wrote a great post on why hodling xPOLYCUB is the diamond paw's dream staking scenario:
@taskmaster4450le/never-sell-your-xpolycub
Why Should Anyone Buy POLYCUB and Stake it Today?
This curve - when coupled with Protocol Owned Liquidity, xPOLYCUB dynamics and the imminent release of POLYCUB bonding are why I think POLYCUB is an incredibly important token to buy and stake right now.
I've been personally buying POLYCUB and throwing it straight into xPOLYCUB. Hodling about 15% of the entire xPOLYCUB pool.
We didn't spend the last 7 months sitting on our hands as a team. We spent the last 7 months deeply studying the changing tides of the DeFi industry.
The key to PolyCUB is sustainability. We set out on a mission to create a sustainable base for LEO and CUB on the Polygon blockchain. Our aim is to continually replicate this model but most importantly, focus on sustainability for each base.
POLYCUB is designed to go up in price in the long run.
In the early days - as you can see with this emissions chart - it's designed to distribute POLYCUB as wide as possible to as many users as possible.
High POLYCUB emissions in the first 4-6 weeks are the key to distributing the token to a wide set of diamond paws.
As we move past the first 4-6 weeks, we're going to see some interesting sustainability mechanics start to take hold.
Lots of volatility out there right now and I know a lot of people get scared wen they see numbers going down. If you focus on the emissions and the actual deep mechanics of the platform though, you can see that staking POLYCUB into xPOLYCUB actually thwarted the vast majority of this downward trend in the past 24 hours (as sniping bots who sniped the launch sold tokens on the market yesterday).
Most pople who are paying attention get this, I see a lot of posts from people like and
talking about the long-term viability of POLYCUB.
The extremely limited supply is going to play out beautifully. LeoTeam has been tracking PoL and it has been on track to reach our sustainbility targets for the long-run of POLYCUB. I believe we've built something truly innovative in the DeFi space but this experiment will have a lot of volatility for the next 4 weeks.
For me, the key is to stack POLYCUB in xPOLYCUB and wait for emissions to drop off a cliff. That's the simple 💎🐾 path to profits 🚀