It is amazing how the POLYCUB DeFi growing with multiple utility added each passing week to maintain its rank as the best DeFi lending platform and a novel self-sustaining DeFi solution. Few days after adding pHBD-USDC liquidity to PolyCUB, a governance model has been added to PolyCUB which has the capacity of changing the market dynamics of xPOLYCUB in the coming weeks was added.
LeoFinance is constantly showing its prowess and capacity in converging the entire cryptoverse at a spot with its bridge building feature. This is redefining the usecases for DeFi and other crypto-finance solutions/tools ever created.
It is beautiful to see that PolyCUB governance is built in a way to motivate integrations by other crypto communities to add their coin/token liquidity farms to share from the pool of POLYCUB and this is made possible by the dynamics of xPOLYCUB which will become highly sought for and will lead to a supposed whale wars by integrated communities who could used their votes to secure more POLYCUB distribution to their vaults.
The Curve Whale Wars are a continuous battle over the platform rewards for the largest DeFi platform in the world. xPOLYCUB governance is modeled after this. With pLEO, pHBD, SPS and potentially other Hive-based communities like POSH listed on PolyCUB and earning yield, can you imagine a fight for continuous control over vault yield through xPOLYCUB governance votes on a regular basis?
It is obvious that with this new xPOLYCUB governance module, LeoFinance is set to provide arbitrage Opportunities for Hive-engine tokens and other cryptocurrencies which will seek to integrate into the PolyCUB infrastructure. We can see a beautiful example in the deep liquidity created for Hive-based Dollars (HBD) on Polygon with pHBD integration. Asides the high liquidity rewards, there is a solid arbitrage opportunity for HBD traders.
Wikipedia views arbitrage from the perspective of economics and finance as the practice of taking advantage of a difference in prices in two or more markets. That is, striking a combination of matching deals to capitalize on the difference, and taking profit from the difference between the market prices at which the same unit of the asset is traded.
Already, the LeoFinance team as mentioned in the governance post, have hinted their push to get a huge GameFi community to the PolyCUB DeFi which will mean as added liquidity and utility for POLYCUB. This makes me quite bullish about POLYCUB which was designed to ever have 7 million
We talked with some people at Splinterlands and the 2nd governance vote will likely be to add an SPS vault. What's so exciting about this?.. Splinterlands (SPS) would get a vault to trade and LP SPS tokens and earn POLYCUB yield. PolyCUB's Protocol Owned Liquidity strategy would operate an oracle with a 0.25% wrapping and unwrapping fee along with internal arbitrage to maintain the SPS-peg. source
Adding SPS pool on PolyCUB would take the semblance of pHBD which is built to generate a lot of revenue for PolyCUB's PoL and so far, the liquidity size continues to grow each day. Going further, if more Hive communities add their tokens to POlyCUB vaults, we can only see more revenue generated to give more value to liquidity providers.
Remember, LEO is a hive-engine token, hence, same mechanics applicable to LEO can be applied to any other hive-engine token. This is another band of exposure for Hive-engine tokens that will help attract more new investors outside of Hive.
Other communities - like the POSH token - have expressed some interest in a similar setup. If they want to get listed on PolyCUB, they can launch a proposal and then vote it up with xPOLYCUB to get listed. Continuous proposals on where yield should be directed will be governed by xPOLYCUB holders.
Let's hope the above happens in the sooniverse, then the TVL of PolyCUB would have exceeded $20 million in a very short time. It is going to be a win-win deal. While LeoFinance will keep compounding vault fees and wrapping/unwrapping fees to buy-back POLYCUB which will raise its price, and thus, giving higher returns to every POLYCUB HODLers and xPOLYCUB stakers.
Alongside Splinterlands community, PolyCUB now will provide another arbitrage market for hive-engine tokens. You can think of pLEO, pHBD, pCTP, pSPS, pPOSH, pBEE, pLIST and more. What an amazing opportunity to start trading hive tokens against USDC and other stablecoins in the PolyCUB vaults.
Final Thoughts
PolyCUB is open for as much integration as possible. It is built to last and to provide a robust wealth building options to investors. The power of blockchain technology is in collaboration and LeoFinance is pioneering this effect.
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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Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source
About me...
I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.
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