PolyCUB is still maintaining it's spot as the best DeFi 2.0 Yield Optimizing Platform through xPolycub Governance: My Take on Why 30 Days Claim is the Best

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PolyCUB from it's inception has been projected as a yield optimizing platform and one of the ways to prove that is through constant releasing of innovative ideas to the ecosystem.

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Apart from the emission rate halving process, deflationary and sustainable nature of PolyCUB, it has proven to be the best DeFi platforms that have ever existed since the emergence of crypto and the decentralized ecosystems.

The above fact can be related to the projection of xPolyCub governance some few days ago by the @leofinance admin team.

xPOLY governance is projected to carry out 5 major functions which include:

  • How much APY each vault earns
  • Adding new vaults
  • Changing the claim window for locked claims
  • Prioritizing collateral
  • Directing PoL, and more.Source

Infact the first test of the xPolycub governance is to take a deliberate decision on the number of days that it'll require for one to claim rewards. Prior to yesterday, the window for locked claims was 90 days and this seems to be extremely lengthy due to the volatile nature of the crypto market, which goes up today and is down the next minute.

To solve this issue unanimously, a proposal voting was called by the LeoFinance team some days back. The xPOLY holders are to vote between 90, 30 and 15 days respectively and the highest consensus will prevail and implemented accordingly.

After days of voting, 30 days window for locked claims was adopted by majority votes, with 44 voters voting for the aforementioned days. This on its own looks very beautiful and tends to encourage mass participation in decision making process of the LeoFinance community.

Why 30 days Window for Locked Claims?
My thoughts over why the window for locked claims should be 30 days is just simple:

  • Since it has been proven that 1 pHBD is equal to 1 HBD and the window for locked claims on HBD savings is 30 days, then the same should be with the pHBD-USDC vault.
  • Secondly, since the crypto market is not a stable one, the shorter the window for locked claims, the better for the person that staked pHBD.

Posted Using LeoFinance Beta

leofinance xpolycub polycub phbd hodl hive-engine cent proofofbrain neoxian vyb cub hive
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