Breaking: pHIVE Is Now Live
The announcement many of us were waiting for came down. The liquidity pool on Polycub just went live.
In this video we quickly discuss the advantages and outlook of this.
Here are the articles discussed in the video:
https://leofinance.io/@leofinance/introducing-phive-or-bridging-the-hive-ecosystem-to-polygon
https://leofinance.io/@taskmaster4450/phive-can-help-the-expansion-of-hbd
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It is really awesome and a huge success as well
Posted Using LeoFinance Beta
very good announcement friend now to enjoy the advantages of being in the luquidity pool on POLYCUB
Been waiting, let's see how much liquidity this liquidity pool is going to pull.
Great work by the team creating means for PolyCUB...
Thanks for the heads up! Didn't see their post yet.
That's aa great news to hear from you.
Hive isis now one step further and there will be more engagement in hive blockchain.
I apappreciate all good works in the sphere by all the amazing members of Hive developers.
.
This is a huge success for leo finance and to every investor on polycub. We should see massive buy of polycub from here.
Posted Using LeoFinance Beta
Blog earn, Stake, Pool, Covert to HBD, Farm, Play, wild, absolutely wild. Hive.
I guess you could bridge both and use them as arbitrage opportunities but I just don't know if there is that much demand for HBD right now. I do think it's a good option to decentralize the need for exchanges to get the crypto you want though.
Posted Using LeoFinance Beta
Summary:
Taskmaster brings breaking news regarding the launch of P-Hive by the Leo Finance team, providing details on its significance and impact on the system. The P-Hive polycub pool is highlighted as a major step forward, enabling easier access to Hive and enhancing liquidity within the ecosystem. Taskmaster emphasizes the importance of this development for both Hive and Polycub, hinting at future plans to expand to other popular EVMs like BSC.
Detailed Article:
Taskmaster starts by announcing the launch of P-Hive by the Leo Finance team, signaling a significant development within the ecosystem. The release of P-Hive aims to bring added value and functionality to the system, with Taskmaster indicating that the details can be accessed through a post made by the Leo Finance team. He emphasizes the importance of this update by pointing out its potential to improve liquidity and accessibility to Hive.
Taskmaster then draws attention to the P-Hive polycub pool on Polycub.com, marking it as a crucial advancement as it is the first liquidity pool effectively outside of Hive. He mentions a prior attempt at building a liquidity pool on Ethereum, which did not gain traction, and highlights the importance of the P-Hive pool in expanding accessibility to Hive across various platforms.
The discussion moves on to the significance of having sufficient liquidity in the P-Hive polycub pool, making acquiring Hive easier for users bridging from Ethereum or other EVMs to Polygon. Taskmaster stresses that this development opens up a gateway for users on Polygon or any EVM to access Hive, thus broadening Hive's reach across different platforms.
Furthermore, Taskmaster delves into the importance of locking up Polycub through the P-Hive polycub pool, indicating that as more users participate in the pool by staking Hive, it will create demand for Polycub. This not only adds value to the Polycub token but also enhances the overall value of the platform, attracting more capital and potentially increasing the TVL.
He mentions that the P-Hive liquidity pool offers a way to enhance HPD through rewards earned in the pool. By swapping these rewards for P-Hive and subsequently transferring them into HPD via the internal market, users can contribute to expanding the free flow of HPD, thus affecting its value positively.
Taskmaster concludes by underlining the importance of the P-Hive launch for both Hive and Polycub, emphasizing that it moves the ecosystem closer to establishing similar liquidity pools on more popular EVMs like BSC. He acknowledges the efforts of the Leo Finance team and community in expanding the reach of Hive, encouraging Hive holders to participate in the liquidity pool to boost its value and potential impact on the ecosystem.