Why nobody is staking? The volume locked did almost not increase at all since 2 days. Very strange.
Regarding 5. This is not a pro, but a con argument. pCUB is very speculative and on a clear downtrend. Sure, no impairmentloss by staking pCUB, but if the price is going down, it has the same effect.
Super strange! That's what I am wondering about.
Maybe because on Hive the barrier to enter DeFi outside Hive is way too high. That is why I wrote this blog. To tell people about it and hopefully, they dig in. They would be doing a charity to everyone on the network by doing so. Also, it's the safest pool to invest in for a newbie to DeFi. And you can earn extra APR, mostly above 30%. Half of my HBD earnings from my blogs will go into this pool for sure.
I will also wait for the marketing campaigns done on this by Leo Finance team.
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Regarding pt. 5, I know pCUB is speculative by xpCUB is not. The number always go up since the vault autocompounds your earnings. Obviously it's a long-term play and personally, I am not looking at the price much.
Moreover, when xpCUB lending is launched, you will be able to use your stake as collateral to get instant crypto loans that are self-paying. If the price of PolyCUB keeps going down, you will take some more time to repay. The only debt is time.
There's a risk of price swings, no denying that, but the future value prop is high. That's my personal opinion though. NFA. xD
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I think
(this pic is from this post by @l337m45732)
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Also, currently the harvesting doesn´t work at all.
Harvesting is working fine. Just do it from the main page.
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Yepp. It works!
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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.
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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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 ☹️.
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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😂😂😂 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
Fair points. It's definitely going to be interesting when more liquidity flows into the pool.
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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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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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Are we saying that the rewards are paid out in pCUB alone? I have to agree with @stayoutoftherz on point 5 if so. Farm tokens with no particular use case seem to always trend lower, if they are being printed to just pay rewards then it's no surprise. It's a start though, hopefully the first of many defi projects for HBD though it wont be easy.