The PolyCUB HBD (pHBD) on the polygon network is very unique in the transformation of what's happening to the market price of crypto in general most especially to hive.
To place one's mind on the current hive price is the beginning of hypertension. One of the ways to help oneself in this dip season is to pull most of ones savings on the hive blockchain into pHBD and pHIVE.
This is because, pHBD-USDC vault is currently giving an amazing rewards in terms of APR and APY. This amazing interest in just wrapping HBD into pHBD has proven that irrespective of the current hive price, we on the hive blockchain are having a great time here. It should be noted that the entire cryptoglobal is experiencing hard times and the only solution to this is to grab the opportunity placed by the LeoFinance ecosystem through pHBD-USDC vault.
If the HIVE Ecosystem collectively has the goal for the HIVE price to moon and HBD to get a lot of attention in the mainstream, a massive pHBD liquidity pool is needed somewhere.
PolyCub already has a great model for long-term yield which makes it the perfect place to Pool HBD for big yields - right now, you can pool HBD as pHBD-USDC on https://polycub.com/farms for 40% APR!
The LeoFinance team have solved the supply challenge by providing liquidity pools on the Polygon network through pHBD.
I just I had a chart with @khal some minutes ago and the discussion was based on the APR that pHBD-USDC vault offers and I realized that what is displayed on the Polygon network isn't the complete APR, which means investors on the pHBD platform are earning more rewards than what they're seeing, this is his point:
Haha exactly. And the UI doesn’t even display the built-in trading fee APY which has averaged 3-12% APY.
So the real APR for being an LP is around 3-12% APY + 40% APR. truly amazing.
With the additional 3-12% APY + the current 40% APR, one has the opportunity to still earn rewards amidst the current situation happening around cryptocurrencies in terms of the dip.
This pool is likely to become the most used placed to stake and earn yield for HBD holders. Hive whales will be attracted to this because they can earn higher yields than the on-chain savings rate + have the added benefit of bolstering the onramp/offramp liquidity for other people to buy/sell HBD to get involved in the Hive ecosystem from the Polygon network.Source
It's worthy to note that, the interest rate of pHBD when placed side-by-side with that of the native HBD, pHBD will attract majority of the Hive Whales, which means more progress for pHBD and PolyCUB in the nearest future. Remember that the targeted liquidity pools by the @leofinance team is about 5 million liquidity, so with the influx of hive whales into pHBD, then we can say that this goal will be achieved sooner than expected.
Make no mistake, pHBD is already the premeire place for "DeFi Normies" to get involved in HBD. We're seeing daily trading volumes reach as high as $72k on pHBD-USDC.Source
This trading volume on pHBD-USDC vault on a daily basis is super amazing. I believe that what attracts potential investors is results and pHBD has the results in place.
I'll finally say that, pHBD offers the general public and those on the blockchain the opportunity to earn the following 3-12% APY + 40% APR, wrapping and unwrapping fees of .25% on PolyCUB owned liquidity (Pol) and even a greater yield on stakes.
Posted Using LeoFinance Beta
I like you laid this out. It's hard to keep up with these nuggets of info.
Posted Using LeoFinance Beta
In a nutshell, the rewards that's expecting to accrue from this pHBD is unveiling itself as the day goes by and more values will come up a the day goes by.
Posted Using LeoFinance Beta
I put in $100 worth of hive on day 1 and split it. It feels like I'm not profiting and miss my hive. But I want to learn about defi when leo projects start. It's a difficult for me to understand. But I'm in it!
Posted Using LeoFinance Beta
Thank you for putting these out :) The pool is something not to be missed indeed.
Posted Using LeoFinance Beta
do the calculations take into account the reward 30 day lock up/
You can take your earnings from day 1 but lose 50%
or
Leave them for 30 day but risk token devaluation
Day 1 rewards were paid when polycub was .244 cents
After 30 days the price could be down to .15 cents