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RE: 5 Reasons Why You Should Invest in pHBD-USDC Pool On PolyCUB

in LeoFinance • 3 years ago

I think

  • ppl still have the skeptical about pCUB price and lock period 90 days. Ppl want fast money and don't like 50% penalty (like me, I don't like penalty so I keep all my locked pCUB)
  • The APR is reduced so quickly. If we add more LP, then APR will be reduced more. If it's reduced to lower 40%, ppl will want to put HBD in saving account and get monthly return instead of waiting for 90 days.
    image.png
    (this pic is from this post by @l337m45732)
    image.png

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3 years ago in LeoFinance by
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     3 years ago  

    Also, currently the harvesting doesn´t work at all.

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       3 years ago  

      Harvesting is working fine. Just do it from the main page.

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       3 years ago  

      Yepp. It works!

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         3 years ago  

        It workes, but the harvested coins do not show up in the "locked pCUB balance", I lost >30 already by failed haervests. Need to go out from all pools if this continues.

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           3 years ago  

          That sucks mate. Did you try checking with the team on Discord? Create a ticket maybe. This shouldn't have happened!

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             3 years ago  

            I am tired of this, I am out now of the farms. But I have another problem. When I want to remove my liquidity on sushi.com, there is only (after my pools->manage) the option to add liquidity, but not to remove ☹️.

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             3 years ago (edited) 

            Check your transactions on Polygon scan using your wallet address and see how much you currently hold. If you are out of the farms, you funds should show up there I guess.

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               3 years ago  

              😂😂😂 Thanks for sharing.
              I don't know about it.
              So it should be the main reason why the LP value didn't increase at all

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                 3 years ago  

                Fair points. It's definitely going to be interesting when more liquidity flows into the pool.

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                 3 years ago  

                From what I heard from Khal, they will make sure the APR is above 30% but I don't expect more than that.

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                 3 years ago  

                Valid points mate. Not many would like to lock their yields for so long. Once the governance features are out, I am sure many would want to change this.

                The APR can go down till 30%. As @jfang003 mentioned, it shouldn't go lower than that to make it competitive with HBD savings.

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