Morning
So, the PolyCub dip continues, $0.579 at time of writing. Whereas as it pains me to see the price dipping, but a part of is happy because the dip is allowing likes of me to fill their PolyCub coffers as much as we can. I don't know if the bottom has came or yet to come. But if you are a diamond paw, it doesn't matter(at least for now) where bottom lies. Currently, I own 0.04% of the XPOLYCUB pool, but am hoping that my share will improve as I continue incrementing it with airdrops and fresh purchases.
I feel sorry for the oblivious Polycub dumpers, who don't know what they are dumping. They are going to be sorry, trust me. Halvening to 2 Polycub per block happened just a few hours ago, with next halvening scheduled to happen next week and then every month and so on...Not so difficult to understand Polycub is gonna be a scarce asset, especially with XPOLYCUB in place, serving as a blackhole.
Yeah, as we continue filling our coffers with PolyCub and staking it in XPOLYCUB, it is fascinating to see that ratio rising perpetually. Currently, XPOLYCUB stands tall at 17.6. This reminds me of the first day of PolyCub launch, when PolyCub was around $4. So, those who had put PolyCub in XPOLYCUB back then, would still be in profit(≈2.5x), even though the price has dipped significantly.
The more the weak paws sell out of greed or panic, the more richer diamond paws are getting. One thing best about all of this is, XPOLYCUB rising is a mathematical certainty meaning nothing can avoid it(albeit can be slowed down). There are always going be people dumping out of greed, panic or necessity, ensuring XPOLYCUB holders continue profiting.
We have been recently given a glimpse of future, with Bonding just around the corner and may be the Collateralized Self Paying Loans on xPOLYCUB Stake next. I am not surprised to see Collateralized Self Paying Loans on xPOLYCUB Stake, especially with Khat et. al. being a big fan of Rune Finance.
The more I look into, the more it becomes clearer to me that XPOLYCUB is going to an asset to hold on to. Imagine getting 150% loan on your XPOLYCUB stake, without having to worry about paying back.
With XPOLYCUB showing no signs of slowing down, I am always confused about harvesting pools yields early(paying the early harvesting penalty) and staking them XPOLYCUB. On one side I would have to pay the tax and on other side XPOLYCUB continues rising. Difficult decision!
Happy Hodling!
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!hivebits
I am with you on this. I keep buying a bit each day and adding to my xPOLYCUB stake. This is going to be massive over time.
We will just have to let the clearing out take place. As the protocol gets filled with more "ownership" in the LPs, then we are going to see things solidify.
I wonder how many will use the bonding to start.
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Bonding is a clear gain at least for the users.(7days is too short)
I see many folks start jumping on it, including myself.
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where is everyone buying the polycub??
i can't seem to find it on sushi
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You need to add the polycub token manually.
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