Decentralized finance (DeFi) popped its head up around 2020 and after a period of two years, users have resorted to exploiting this ecosystem. DeFi 1.0 created earning opportunities and liquidity for users, DeFi 2.0 even amplifies these possibilities.
PolyCUB is an ecosystem that optimizes yield in a safe and easy way for decentralized finance users to utilize and earn on the polygon network. It is the first ever DeFi 2.0 yield optimizer currently in play. It is a merge between decentralized finance and 2.0 protocols with yield optimization. PolyCUB isn't your regular yield farming optimization platform.
It has successfully forked the xSUSHI staking contract and added it to its platform. As a matter of fact, in addition to the yields that are generated via base platforms such as Sushiswap, the ecosystem pays yields to users in the form of PolyCUB tokens https://coinmarketcap.com/currencies/polycub/
An added advantage! I guess the next question on your mind is:
Who Created PolyCUB?
PolyCUB was fashioned by LeoFinance project which has single handedly built and developed over a dozen apps on the crypto space over a period of thirty-six months. LeoFinance is currently developing blockchain applications such as LeoFinance.io, PolyCUB.com, Cubdefi.com and so on.
LeoFinance has built social apps on the BNB blockchain although PolyCUB is on the polygon blockchain and after spending several months researching about the next stream of solutions and taking into cognizance decentralized autonomous application (DAO), it fine-tuned the results of the findings and applied them to its objectives. In essence, to help build a sustainable DeFi 2.0 yield ecosystem on the polygon blockchain
With the automatic compounding nature of the ecosystem, farmers can earn yields from platforms such as Sushiswap which are immediately added to their balance. The new balance is withdrawable at any time.
As a farmer on the ecosystem, you can earn yourself PolyCUB tokens by staking LP tokens. The stakes LP tokens are locked for X blocks. Although you can access and withdraw your stakes if you do that before the X block locking period, then half of the harvest is returned to the xPOLYCUB contract.
PolyCUB Token
Cub finance was formed by LeoFinance in 2021. CUB Is the native token of the network. LeoFinance made an airdrop of the native token to holders of Leo and users who farm on Cub Finance at the rate of one SUB per every newly created block. The new minted CUB is then added to the reward pools on Cub Finance.
Furthermore, as Cub finance operated, on the polygon network PolyCUB has its own token called PolyCUB. As a matter of fact, there was an airdrop of the tokens to holders just like cub finance did. https://polycub.com/kingdoms
How PolyCUB works?
It uses kingdoms which operates as a cross-platform opening for yield that permit users to earn through Base APY first from the native platform and PolyCUB APY.
Kingdoms permit users to stake tokens via the network on other yielding ecosystems such as PancakeSwap. Kingdoms as auto-compounding in essence, there is a cycle of investments and reinvestments automatically.
Considering the operational model, long-term earning sustainability is a certainty via PolyCUB’s scarcity model. The token of the app operates similarly to Bitcoin’s.
PolyCUB is designed to receive value, making sure that the necessary deflationary pressure is implemented during distribution. In lieu of this, xPolyCUB is a good recommendation for people planning to hold their assets for the long term.
Practically speaking, users who stake PolyCUB as xPolyCUB in a sole staking pool will for a long time hold a plummeting asset.
The tokenomics redistribution goes a long way in ensuring the prospective value of the ecosystem. As I previously explained, Kingdoms permits users to stake variety of tokens and earn yield as automatic compound returns. This further allows them to increase their earnings with the barest effort. The resultant payouts are split 90/10, making sure that ten percent of the proceeds are redirected to the contract of xPolyCUB.
The platform also uses a curve-style harvesting penalty method. Users can opt to wait 90 days for their harvests to “unlock” and be claimable, or they can instantaneously claim their harvests but pay a 50% early-harvest penalty to xPolyCUB holders.
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