My First LeoFinance Post: Explaining PolyCUB from a Beginner's Perspective + How it indeeds to help the LeoFinance Ecosystem Grow
To be say the truth, the LeoFinance community is one of my most dreaded communities on the hive blockchain from my view point. This is because it's very difficult to navigate through, although my point of view might be totally wrong but I believe that's the feeling of almost everyone out there that aren't partaking in the activities of the community.
I decided to try to make my first Leo post today due to the advert post made by @leogrowth titled Leo Challenge - Your first post on Leo Finance | 500 USD for grabs! this being that the author engaged everyone to try a semi-perfect or even a non-perfect post that deals with either finance or crypto.
The focus of my post today is to bring to fore my nascent knowledge about PolyCUB and how it indeeds to help the LeoFinance community grow and the hive blockchain in general.
What's PolyCUB?
PolyCUB to my understanding is an inter-chain platform with a yield optimizing abilities, which has a long term goal in mind through xPolycub.
I also know that it's a DeFi 2.0 platform that has the ability to transform everything within the ecosystem.
Through my study and few explanation from fellow Hivers around me, understand that there's an halvening period placed by the polygon network to help in protecting the token from inflation and already we've had two already.
The deflationary nature of PolyCUB is very unique because it'll help the token to get scarce and scarcity is one of the ingredients that drives demand of a product.
With this in mind, we hope to see the token rise at great speed once the halvening period is over.
PolyCUB as a Yield Optimizer;
It should be noted that PolyCUB is designed to generate sustainability and growth by itself and other innovative ideas put in place by the LeoFinance team.
Currently, PolyCUB is experiencing great changes through the introduction of pHBD and the xPolycub governance.
The arrival of pHBD came with an amazing and attractive offers in terms of APR and APY with 58% and 78.49% respectively. This offers have attractive investors from far and wide who are taking advantage of the opportunity placed before then.
It's great to note that the xPolycub governance vote towards the window for locked claims of pHBD-USDC vault, have played a foundation that other communities on the hive blockchain will follow.
I believe that there'll be an influx of people into the PolyCUB agenda in no time.
What does PolyCUB offers the hive blockchain?
I'll take only two of them and they're:
- more demand for HBD
- more traffic in terms of potential investors coming into the blockchain.
Posted Using LeoFinance Beta
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There's always a first time and I must say your first post in this community came out really well explained... I can only imagine how better you will do as you continue to post to this community.
I've learnt from your write up today that polycub offers Hive a higher demand for HBD and that is no doubt a very beneficial one for us Hivers 😊
Congrats on your first post Leolion 🙌
Posted Using LeoFinance Beta
Thanks for stopping by
PolyCUB is just the beginning. Time to get your feet wet.
Posted Using LeoFinance Beta
Thanks for stopping by boss