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).
@dalz 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, @taskmaster4450 wrote a great post on why hodling xPOLYCUB is the diamond paw's dream staking scenario:
https://leofinance.io/@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 @taskmaster4450le and @dalz 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 🚀
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I would argue that the decreasing supply and increasing price will play out as expected if we manage to create additional demand through words of mouth and aggressive marketing. As always, new players looking for safe protocol and long term development could help push it forward. Diamond paws with xPolycub until then. Buy more CUB :)
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I'm wondering is the supply cut to extreme with the halvening each month. There is a space to tweek that curve and see how it goes. Needs to be tested for real, so curious how this turns out :
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I'm also wondering how will the incentives look like once extreme emissions are over. Right now it's a no-brainer for people that already have positions on Curve and Sushi but that quickly changes if you cut the APY during a very short time frame.
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Going to have to get a lot more money involved although the bonding might be a feature that really does generate revenues for all the different holdings.
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This is Blogging into Multi Chain DEFI is such an amazing concept. People get the chance to learn to so much without taking substantial risk.
Leo Finance is just the best way to start and learn about DEFI.
I agree, there’s definitely some tweaks we can make to the platform mechanics. We modeled this out six ways from Sunday but in practice there is often a difference than in theory.
I think PolyCUB is performing incredibly well from a PoL and mechanic perspective. Far better than we even predicted. I think the price will reflect the extreme choke on supply in the long run. It’s going to be a fascinating experiment to watch play out!
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So far so good :)
What will be the base value after the purple line? I think we hit the point "penalty fee" will be much lower than waiting the 90 days.
Not sure when we hit it, but there will be a point.
And then is the question what happens.
Because at this point polycub farm dynamics change.
and USD/polycub can become more popular.
What ends up in higher price? I mean farming high stakes will become very difficult for newcomers.
polyCUB have been amazing and everyone is happy about it and the sustainability is awesome and impressive which I believe the leo team have worked extremely hard to see the success achieved am so excited. Kudos to the leo team
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And to what extent has this sustainability been proven so far?
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The progress of how it all going is really awesome which I believe many will benefit from and the leo team have been on it for a long time which we are experiencing the impact now and it is really massive
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Good question.
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Involved with WLEO's LP from Day 1, CubFinance from Day 1, and now PolyCub from Day 1, I can definitely reinforce the idea that great progress is being made.
No question in my mind that PolyCub, linked to the 60-day airdrop on our stake in CubFinance, is the best yet!
I will be paying close attention to your analysis, over the coming weeks, as to whether PolyCub meets your sustainability hopes. And then, in turn, anticipating the launch of new EVM-based versions, ASAP on the Khalender ...
Onward and upward! 🦁🚀
P.S. You may wish to edit this typo ...
... assuming you meant emissions, as I think it will lead your readers to a quick double-take ... "what?" ...
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Satisfied with my airdrop quota for the next few months, I did some PolyCUB purchases on Sunday and now I'm enjoying my xPolyCUBs that will multiply for the next few months.
I am concentrating my funds on buying CUB 😊
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What's a great dynamic with polyCUB and everyone was so happy about which the sustainability is very impressive which I believe that the Leofinance as a whole have done a great work to achieve such of goal. Good job done from the teams
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 🚀 — a word is enough for the wise . I’m copping this advice ! Leofinance has done a tremendous lot in getting one familiarized with decentralized finance.
I have been staking everything I get from the airdrop into xPOLYCUB myself. I'm nowhere near a 15% stake although I would have loved to get there if I had enough funds to pull it off.
Have you tried getting the attention of some DeFi investors. Jesse Eckel is a great place to start IMHO. He has beena very transparent content creator and he makes weekly posts asking from the community about interesting projects to invest in. He invest in some of them and tell the world about his journey. We should try and make ourselves known in the comment sections.
!PIZZA
https://www.youtube.com/post/UgkxXn_jj_5pHTcuhdSnPvMf8Ni_jnRNb3H1
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We will see how it works out. The deflationary nature of the token is certainly of interest. We will have to see what the long term viability of this truly is. Will the management fees eat up enough POLYCUB to pay out the different pools/kingdoms?
That is the major question as the emission rate goes down. What is the lure? Perhaps the Bonding will provide a lot more activity.
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This is my question as well. I get the whole RFV and "number go up" part of it, my question is why will I want to buy (or own) this a year from now?
I mean, I'm buying CUB 1 year later for APYs and airdrops. Just wondering what those will look like a year from now for PolyCUB.
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Hi, is it possible to track the count of number of unique accounts mining CUB and POLYCUB?
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Interesting dynamic and mechanism with PolyCub. Love the fact that it's sustainability was put into consideration during creation. Been converting my PolyCub to xpolycub since day 1. I see a very bright future here. Glad to here at such a time
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I agree 1000x. Oh wait, I meant 1000%. I guess 1000x is good too though.
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The best thing is mining gain but sometimes we have issues about gas fees when bee use metamask swap, it's best project investment
No kidding! This is the best time to stake as much as you can and see your xPolyCUB grow exponentially overtime. 🔥 💎🐾
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The data and all says it all. It is indeed a DeFi project of a kind. Really well thought system. It's sustainability according to the maths is admirable. Maximizing the opportunity I have now by converting polycub to xpolycub
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Been harvesting, claiming airdrop and all for this. This is truly the best thing to do. Would be interesting to see how it all goes in the next couple of weeks
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The first to join a project have always made more profit. The limited supply and scarcity of PolyCUB indicates that it may be valued even more in the future. To have more PolyCUB, those who start mining early can earn more profit for the future.
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Coming out as the best In time of ApR and it ability to stand on it own
Best time to enjoy the high APY. Polycub has so much potential.
Staking polycub as xpolycub is really cool and more profitable.
Thanks to the team for all the efforts they are putting in this Project. ❤️
The project is indeed a great achievement for me dis year which the team worked hard towards it by making it sustainable in the blockchain and also staking to earn more rewards which I intend buying and staking more cub to benefit more from polycub.
Yes it is true , because I believe in polycub platform is one of the best platform so far.the high level of volatility and high level of APY really encourage us that we are in best platform.it is just a matter of time it will still rise more than this.
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All the early investors in xPolyCUB should have reasons to feel great about it after the initial volatility passes.
That's great hodl, but still curious how the supply will be halving Bloch every month and weeks
I‘d like to swap through all the popular chains via the Leo Bridge, that‘ll be awesome as hell!
I suppose the question for me is: why buy polycub? If the answer is just to get more of it or earn other rewards I think it has a utility problem
Interesting info, have a nice day
In the meantime, I can only say chapeau. The Fomo-generating machinery is running at full speed. Let's wait and see what happens.
P.S. Find the error:
Since my last question was not answered: CUB staked in DENs is not counted towards the airdrop, right? Because it shows DENs will get airdropped on cubdefi.com - just to make it clear.
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No the dens do not get anything anymore. They are also not getting any ROI on the CUB staked in there. The switch to Kingdom and V2 was required.
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Start of May is going to get very interesting. I'm sure over these next 50 some days there are going to be some awesome deals on Polycub for those long term holders
I still can’t claim, there’s an issue, the button is grey, I have lost precious claming and staking days by this… Can you help me, please?
Basically #hodl, check
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This is it. The DeFi project that looks into the future. CUB is unlocking the yet unseen possibilities of the DeFi world. Go LeoFinance!
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I think we are all still starting to understand this but will XPolyCub hold it's price in a years time. I thought we may see an XPolyCub Pool to add more relevance for staking .
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