4 Reasons to provide liquidity to SPS on PolyCub + Epic Card Giveaway

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Last week Khal announced that Leofinance will bring SPS to the Polygon chain! This is great for Splinterlands players since it will make it easier and cheaper to buy and sell SPS. Currently, the only option to sell SPS using AMMs is bridging your tokens over to the Binance Smart Chains and paying 0.5% plus the transaction costs (network fee).

It is cheaper to use Polygon

The BSC fees are way higher than Polygon, and you have to pay them to bridge and then once again to exchange it for whatever crypto you want.

Using the Leofinance Bridge you will only pay a 0.5% fee and then some extra cents for using the polygon blockchain, one of the cheaper blockchains.

Yield

The simple fact that it is cheaper will attract a lot of players and polygon fans to use this alternative instead. Generating bigger trading volumes that will increase the yield for everyone that is providing liquidity for the Polycub-SPS pair.

Staking SPS gives a massive yield at the moment but I believe that Polycub.com will be able to match it. Applying game theory logic they should be the same.

Diversity

By providing liquidity and staking on Polycub I will be diversifying my income. Instead of Staking SPS and getting paid in SPS + Vouchers (Very correlated lately) I will receive Polycub instead.

Upside potential

SPS has great upside potential in the long run but I believe Polycub is greater. The Market Cap of polycub is incredibly small when compared to SPS, seriously people are sleeping on this one.
The tokenomics are one of the best I have ever seen, while most projects rely on inflation to keep distributing yield to stackers Polycub found a way to make a deflationary token sustainable for the long run.

Polycub is a sleeping giant and I think we will see it back at $1 before the end of the year. Let's see how well this post ages

Giveaway

⚔️ The rules:

  • Upvote / Follow or Re-post is not mandatory but it is greatly appreciated.
  • You just have to comment. If you use a different username on Splinterlands please mention the account where you want to receive the cards.
  • Only one comment per person

The winner will be picked by a randomizer and will be announced on next week's giveaway post.

⚔️ Cards for this week:

Prismologist.png

Cards will rotate splinter every week, Fire -> Water -> Earth -> Life -> Death -> Dragon -> Neutral. This week if you win you will receive one PRISMOLOGIST.

⚔️ Last week's winner:

I'm currently using this tool to randomly pick one comment to win the giveaway.

@relf87 was the lucky winner from last week's giveaway! I will send your reward right away!

Screenshot 2022-05-17 at 18.36.23.png

Not a Splinterlands player yet!? Join now

Posted Using LeoFinance Beta

leofinance splinterlands sps polycub defi pob spt 1up neoxian giveaway
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(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@vimukthi(1/5) tipped @myfreebtc (x1)
ericburgoyne tipped myfreebtc (x1)

You can now send $PIZZA tips in Discord via tip.cc!

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Polygon is easily one of my favorite alt chains. It is cheap, fast, and for now provides great yield.

I'm in and would !LUV a Prismologist. She is one of the epic cards I'm missing from CL.

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Mine too, it used to be BSC until I saw how well polygon worked! Great yield and growth potential!

Let’s hope you win it so you can complete that CL collection faster then 😁

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Yup, its a really great environment. We are considering creating an official DAO for my SPL guild and converting our HIVE assets to the polygon version.

As for my deck, I'm getting really close to having all of the non-legendaries. Just missing Djinn Inferni, Prismologist, Termporal Master, Dax Paragon, Weirding Warrior, and Gem Meteor.

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I sure hope you're right about thinking we'll be back up at $1.00 before the end of the year, i would love that too. Yes the tokenomics are great, but look at Hive in general... it's great too and has been for a long time, it solves all sorts of things other blockchains are struggling with, and yet Hive isn't quite where it should be.

That being said this whole ecosystem including Leo, Cub and Polycub is a sleeping giant, I do aggree!!!

Thatnks in advnce for the card if I get it!! Name's @senorcoconuts on splinterlands

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Hive isn’t where it should be for a couple reasons, main one being the whole thing that happened with steem.
Hive will also have its time to shine, we just have to keep building 😄

Good luck for the giveaway!

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I will be jumping into the SPS pool on launch day! More farms paired with PolyCub = more demand for PolyCub = bullish!

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count me in @jfang003

I don't really know if I would provide liquidity there because you don't get VOUCHERS/SPS and you might face IL. Of course, you might get some PolyCUB but there are 30 days before the early harvest penalty is over.

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That's why I will keep staking some on Splinterlands and some on Polycub-PSPS, this way I get both yields and exposure to Polycub.
I'm completely ok with waiting the 30 days, I have no plans of selling PCUB in the near future.

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I think the yield you would get from pSPS staking would be much better than what you would get anywhere else. POLYCUB has better chance to go higher in prices compared to CUB with lower supply and better tokenomics.
!PIZZA

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@jdike is the name and I would love to participate in this giveaway

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Thanks so much for the card!!! Will pass this round!

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