Buy more POLYCUBs as Price Finally bottoms- How to Convert $LEO on Hive to POLYCUB for xPOLYCUB
With yesterday's -10.5% dip in $POLYCUB price to $0.223439, it's obvious that the asset is rallying in its lows and preparing for a price flip. Plunging from an initial price of $3.90, POLYCUB has made a downtrend cumulating to -94.3% over 50 days to its percent price and it looks like the bottom has been reached.
The 50-old PolyCUB DeFi prides as a novel creation in the DeFi-Verse with a unique combination of DeFi 1.0 and DeFi 2.0. Bonding, xPOLYCUB governance, collateralized lending and more are the features that make PolyCUB stand out among other DeFi options and that contributes to making POLYCUB a really scarce DeFi asset in the near future, each time we're conscious of the fact that there'll only be 7 million POLYCUB that would every exist.
The PolyCUB governance creating added utility for xPOLYCUB will make xPOLYCUB more bullish in that communities leveraging PolyCUB DeFi would need more xPOLYCUB to vote for PolyCUB LP rewards distribution to their favour. This utility is primed to bring more crypto whales to PolyCUB for the amazing profits underway, especially with a scarce asset like POLYCUB at the center.
The just concluded governance voting for claim days adjustment has revealed why every PolyCUB investor should hold more xPOLYCUB to be able to have a voice in the PolyCUB governance ad resource sharing. A persomnal report by @onealfa shows how the xPOLYCUB holdings distribution influenced the outcome of the voting results.
The explanations regarding the backing of pHBD on a 1:1 ratio with HBD on Hive has cleared some doubts, thereby, making PolyCUB more appealing to investors. pHBD-USDC already stands at $306,410 liquidity.
How to convert your LEO to POLYCUB
LEO is a layered token on the Hive blockchain as blogging rewards for cryptocurrency and finance contents posted on leofinance.io. The LeoFinance has built cross-chain bridges making it possible to move assets across different blockchains. I've decided to move some of my LEO earnings from Hive into PolyCUB to stake for more xPOLYCUBs for future governance voting participation.
I'll give a simplified guide in this post on how to convert $LEO on Hive to pCUB on Polygon network for DeFi participation. I took screenshots of every step taken and its simple as a, b, c.
- Log on to https://wleo.io/polygon to wrap your LEO to pLEO
- Copy your Metamask wallet address which is linked to PolyCUB in the "LEO to PLEO" form below and click "submit".
- A dialog box appears, there, insert the amount of LEO to be wrapped. Remember that 1 LEO would be charged as the wrapping fee.
- You receive a prompt on how many pLEO would be received. Confirm and click "Ok".
- Confirm that pLEO has landed your MetaMask wallet. That happens in few seconds.
- Follow this link to the sushiswap interface for pLEO and POLYCUB
At the time of making my transaction, 200 LEO was worth 131.64 POLYCUB.
- Confirm the conversion and click "swap".
- Click "confirm and authenticate transaction with Metamask.
Your transaction gets submitted and can be confirmed in the Sushiwap explorer.
- Confirm that your POLYCUBs is in your wallet.
- Head to https://polycub.com/staking to stake your POLYCUB.
- Click the "+" sign to stake your POLYCUB into xPOLYCUB
- select your POLYCUB quantity and click "confirm".
My 131.4 POLYCUB was staked to 6.3 xPOLYCUB added to my xPOLYCUB quantity. Presently, xPOLYCUB/POLYCUB ratio stands at 20.82 and this means that in the future, I'll be able to have more POLYCUBs back when xPOLYCUB is unstaked.
At $0.22, POLYCUB is so undervalued with the utility is has as well as XPOLYCUB at $4.62. I feel now is just the best time to load up one's PPLYCUB and xPOLYCUB bags while the prices remain low.
Learn more about POLYCUB - the Best Sustainable DeFi?
These posts would be of benefit in explaining more on the DeFi 2.0 pioneered in PolyCUB and how it plays out as a game-changer in the DeFi space, optimizing yield and serving long term decent profits to investors. They are:
- Why Would Anyone Buy POLYCUB 1 Year From Now?
- Introducing the PolyCUB Roadmap | xPOLYCUB, Bonding and Collateralized Lending
- PolyCUB | Emissions "Halvening" In 2 Hours and the Future of Sustainable DeFi Through Utility AND Scarcity
- Bitcoin Moguls now know and demand PolyCUB
Make your money work for you on POLYCUB - PolyCUB is the best DeFi lending platform in 2022
Are you yet a part of this fast evolving change in the cryptocurrency industry. The earlier the better!
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PolyCUB bottoming creates buying opportunities and with what it is to come and also the pools for HBD and soon HIVE, for sure will payout in the end. Patience is a virtue, DeFi 2.0 needs a different mindset but we'll soon see that come to fruition as Protocol Liquidity mechanics will kick in.
Posted Using LeoFinance Beta
Damn true, and sometimes it's really hard. I'm waiting since cubfinance launch for my investment to return, but token prices are constantly offsetting any yield on the platform. Now my hope is that PolyCUB keeps it's promise and brings utility and value to pCUB
Posted Using LeoFinance Beta
I hope it's the bottom :)
Posted Using LeoFinance Beta
I also think that Polycub price at bottom and right time to buy more.
Posted Using LeoFinance Beta
The button is always the right time to invest more, you've as well provide a well tutorial on how to convert $LEO to POLYCUB
Posted Using LeoFinance Beta
It makes a whole lot of sense to purchase more tokens when it's prices dip, and it becomes good news when it goes back up again, and now is the time to cease this opportunity. Thanks for sharing
Posted Using LeoFinance Beta
Great writing! It's crazy how many people didn't vote. I hope this is the bottom, and with everything going on with polycub in terms of utility, we are sure to see some good rewards soon.
Posted using LeoFinance Mobile
Here's another one with diamond hands holding PolyCUB.
I heard that the unlocking penalty time would drop 30 days? Any news when this will be effective?
Posted Using LeoFinance Beta
I will wait for more several days to add more pCUB.
I feel the price still goes down until aidrop end
Posted Using LeoFinance Beta
I think it can go down a bit more but I'm slowly adding some more xPOLYCUB
Posted Using LeoFinance Beta
Been having a hard time trying to convert Leo to polycub. With this it was a breeze. Thanks for the guide.
Posted using LeoFinance Mobile