It is great to see this step forward. We now have another leg in the expansion of both Hive and Polycub.
Hopefully this fills up quickly and another LP can be quickly implemented to BSC.
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This is our vision of the future for PolyCUB: a whole new set of vaults that are all paired with POLYCUB. The only exceptions being pHBD-USDC and pLEO-WMATIC.
Every other vault will be paired against POLYCUB. That's an incredibly bullish outcome for the native token of the platform. This means that value is accrued in 5 ways on all these vaults - generating massive revenue and also generating liquidity with every $1 that is LP'd on the platform for yield.
This makes PolyCUB look a lot more like Thorchain
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This makes POLYCUB as bullish as RUNE. I forgot that PolyCUB was modelled after Bitcoin.
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Do you mean a bHIVE-CUB pool on CubFinance?
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Yes although no word on the pair but a bHIVE LP over there.
What is being created on Polygon will be replicated on BSC. So yes, there will, at some point, be a bHIVE LP. It is only a question of how soon.
To me, the quicker the pHIVE LP fills up, the greater the chance the development team can look at adding that option to BSC.
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Think of PolyCUB in a lot of ways as a testing ground for us to deploy contracts and methods of value accrual. We're testing these now and then back-porting them to CUB (BSC) when we see how well they perform.
In our opinion, the new V2 vault direction is going to make POLYCUB multiples more valuable. As we see this play out and confirmed in reality (it's on its way to playing out as we speak, as POLYCUB is up nearly 2x on the week), we'll be deploying the same strategy on CUB (BSC).
That means:
All connected seamlessly across BSC and Polygon through LeoBridge which also means massive trading volume = massive value accrual for the LEO token itself.
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I just hope The port of the PolyCUB functionalities to CubFinance would be as healthy as we have here on PolyCUB and even better.
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I see the pHIVE liquidity grow faster than pHBD, especially now that HIVE is dipping. Reaching $1 million size of liquidity could be possible in a month time.
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Definitely,good to see more utility coming to the community,I sincerely hope this also have a massive effect on Price of the token too
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