pHBD-USDC farm approaching the $500,000 goal

Hello Everyone,

Quite a period we have been experiencing in crypto space with prices of our favorite coins not doing so well due to the dip. Despite all that, it's good to see true stable coins continues to thrive.

UST might have caused some scare few weeks ago after failing to retain it's peg but that only showed it's inability to live up to the very reason for it's creation and the failure to stand the test of the bear market.

Despite the down market, it's a great to see our very own stable coin hold within range of a dollar. It might not have 100% held it's peg but it has so far shown the possibility and given much room for development.

Speaking about development, it's great to see the leofinance version on polygon, the pHBD do much better and infact increase the more in terms of liquidity on the PolyCub DeFi ever since it went live which shows it's growing acceptance.

The pHBD/USDC pool on PolyCub is barely a month and appears to be growing at a steady pace signifying that the stable coin pool still proves much attractive. As at time of writing this post, liquidity sits at $434,000.

With May goal set at $500k, I trust we will be seeing that target happen with a week left still to go. The APR is still quite very lucrative at 26%, arguably the most attractive we have in this space. Will be looking to add to my position in the pHBD-USDC farm before the week runs out. You should too.

Here is an interesting amount of reward set by the @leogrowth account for those providing liquidity. You might want to check it out.

To provide liquidity, this step by step tutorial by @anomadsoul would help you get started.

Thanks for Reading

Posted Using LeoFinance ^Beta