2). Also not an issue at current prices - in the scenario you described of POLYCUB going up significantly, say 10-20x: this would also increase the yield APY on all vaults as they are paid in POLYCUB
Well, I don't know the exact figures of how much POL+MTB is earning each month. But the second scenario doesn't need POLYCUB to go 10-20x. It could just edge that point of only being able to pay the 20% APR. If this continued for a few months I could see it affecting the farm yields negatively.
The probability of it happening is low, but still, I think it is something to be considered and have an action plan against.
Thanks for your time!
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At current prices, the max that could go in is the max of the current TVL of xPOLYCUB. If we have a 100% staking rate, then that’s $800k staked in vexPOLY that needs 20% yield.
Current rates are well surpassing these figures. We do really need to release a report on PoL and MTB earnings. I think people will be blown away once we do.
Was waiting for these specific mechanics / UIs to be released. We should have our first monthly report out soon™️
As always, I appreciate the questions and agree with you - we always need to think of these scenarios and have good plans set out proactively 🦁
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