The Power of Stablecoin APY - Unveiling the Yield Optimizing Abilities of PolyCUB, xPolyCub and pHBD-USDC + Up Coming Projects on LeoFinance Ecosystem (pHIVE and pSPS)
One of the greatest mistakes most people make in the cryptoglobal is to neglect the fact that judging a crypto coin or stablecoin from a far (in terms of the current price) is very risky. I believe that one of the ways to overcome one's fear in making investments in a particular token is to cut a chunk out of the whole and invest in instead of completely regretting not investing at all.
PolyCUB has been facing this neglect from mostly people who aren't in the LeoFinance ecosystem. This is because many think that they didn't get enough from the Cub farming platform. But non of them have checked the reason why Cub is still in existence up to today. Although most of them don't know or intentionally refuse to see the goodies in front set by the same Cub Finance.
The arrival and the happenings around PolyCUB have changed the spectrum of how people look at the LeoFinance farming Apps. This is because whatever that works out for PolyCUB and also be replicated in CubDeFi, bringing us back to the senerio of how a father takes care of his child and in old age the child (an adult) inturn takes care of the father.
It should be noted that the @leofinace team is test running different platforms under PolyCUB in order to bring the ones that are very productive into CubDeFi, of which pHBD-USDC vault is part and parcel of.
The pHBD/USDC pair on Polycub has been doing surprisingly well. The peg keeps breaking to the upside because it has so much demand. Pretty good sign, but it may be short lived as the halving event for Polycub approaches. We'll see how it works out.Source
It's really cool to invest one's money into PolyCUB at this moment because of the dip in price. Like it's said above, once the halving sets in this might not go well with people who intends to invest in PolyCUB. So, only the wise can take this advantage.
That being said, pHBD/USDC has crazy high demand and volume. It's very obvious that this pair was a really smart move. At these levels, 7% APR gets generated JUST FROM EXCHANGE FEES. When we consider that exchange fees are crazy low like 0.2%, that means that volume is so high that if we had an entire year of volume this high the yearly volume would be x35 times larger than the ENTIRE MARKET CAP of the LP. LOL... that's insane. Clearly users on Hive really enjoy having this connection to USDC and the Polygon ecosystem. Nice work.Source
One of the amazing thing happening around the LeoFinance ecosystem is the pHBD-USDC vault and it's super amazing to note that apart from the 57.98% APR on interest in pHBD, there's an APR of about 7% on wrapping and unwrapping pHBD-USDC vault. This is bullish because when placed side-by-side with the APR on LeoAds (LP), you'll observe that the pHBD-USDC vault exchange fee is super better than the APR generated from LP. All of these revenues are coming directly to PolyCUB + right 0.25% on PolyCUB owned liquidity (Pol)
The LP is also generating a nice income for the Vault (POL: protocol owned liquidity). In theory, assets in the vault will just keep getting larger and larger, and the yield generated from the assets will sustain the entire network... forever. That's the theory anyway. Still, within the context of the pHBD/USDC pair so far is working out surprisingly well despite the predicted dwindling market cap of polycub.Source
The accumulation of all these revenues is what makes PolyCUB to be unique and this will also bring out the long term yield optimizing abilities hidden in xPolycub.
We're anticipating the arrival of two unique additions to the pHBD, which is pHIVE and pSPS. This will be a conglomeration Yield processing platforms that will generate yield in areas such as Polycub owned liquidity (Pol), percentages on APY and APR.
Posted Using LeoFinance Beta