The debate to claim your PolyCub early or not is real.
And made worse when you have no idea what you are doing.
I've seen a lot of people questioning whether or not to claim their PolyCub early, or let it sit for 3 months so that they can stake it then.
The thing is, at the current APR, you can earn over 1000% yield by staking your xPolyCub and, if you have a little USDC to spare, you can earn over 2000% APR by building up your farm. So claiming early could potentially be much more beneficial in comparison to waiting out the 3 months.
I decided to take the plunge and claim.
I had roughly 46 PolyCub mined over the past few days. So unlocking them early netted me about 23 PolyCub.
I had also converted some Leo to USDC in preparation for growing my farm a little more.
So after unlocking my PolyCub I topped up my USDC - PolyCub farm:
And increased my xPolyCub staked to see what sort of earnings I can get here:
I'm curious to see how this plays out.
Will I see a better result after 3 months in comparison to holding out for my full amount rather than taking a penalty? I have no idea. Will I track it? Nope.
I did see someone comment that we'll likely see a large number of people claiming their mined tokens at the 3 month point however, which may have some sort of impact on yields and the token price. Will this happen? No idea.
I think claiming early is worth testing out however. A 1000% APR is way too tempting not to take advantage of.
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I also just claimed, who knows what works the best the whole drop is 8 days old.. and going on for 60, such an interesting twist.
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I’m sure someone will eventually do the math to work it out. That someone won’t be me though. :)
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I'm still holding off from claiming because my puny mind can't get over the fact I will have to pay a tax...
But damn, those 2000+% yields look so juicy.
Ahhh, what to do??!!
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Just cover your eyes and pull the trigger :P
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