We've all heard about LeoFinance's latest project, PolyCUB, but how does it work? What is the next step for DeFi yield optimization? And how can you buy it? This post answers these questions and more. Let's dive in! Here are the details:
LeoFinance's latest product
The developers of LeoFinance are making huge strides in the DeFi space with their newest product, PolyCUB. The company has already developed over a dozen different crypto applications over the past three years, from their own cryptocurrency news and content platform to their own bonding and collateralized lending platform. As the company grows year after year, its efforts to expand its community are becoming increasingly important.
The platform uses four blockchains - the Hive blockchain, the Binance Smart Chain, Ethereum blockchain, and Polygon blockchain - and is now spreading across the four platforms. PolyCUB is the first truly deflationary Yield Optimizer on the market, and users earn POLYCUB by participating in Kingdom vaults. They can then stake these POLYCUB into xPOLYCUB to benefit from the 50% fee penalty generated by other farmers.
In Kingdoms, users stake different tokens, earning yield as auto-compound returns. The payout is split 90/10 with 10% of the payouts being sent to the xPolyCUB contract. Harvesting is handled using a curve-style penalty method, and users can either wait 90 days for harvests to unlock or instantaneously claim them. Instant harvesting, however, carries a 50% penalty for xPolyCUB holders.
LeoFinance's next step for DeFi yield optimization
PolyCUB is LeoFinance's newest development in the deflationary yield optimization space. It is a platform that combines the infrastructures of many successful projects to maximize yield generation for user assets. By running thousands of simulations, PolyCUB has proven that proper research and development are essential for yield optimization. Its goal is to become the first truly deflationary yield optimizer platform.
Unlike other DeFi yield optimizers, PolyCUB is built by LeoFinance, a company that has been building blockchain applications for over 3 years. The LeoFinance Ecosystem has an active community and many long-term holders. The company has also developed a mobile application, LeoMobile, which is designed to be compatible with iOS and Android. Unlike other DeFi yield optimizers, PolyCUB will provide a better tokenomics experience and provide alpha opportunities for its users.
POLYCUB is a fascinating new platform for DeFi Yield Optimization. It aims to be a black hole for value accrual. The massive center of the ecosystem will be distributed to paws, distributing value to the ecosystem's stakeholders. Holders of xPOLYCUB have seen their stake rise and will continue to watch it rise.
LeoFinance's plans for PolyCUB
One of LeoFinance's plans for the future of PolyCUB is to list the currency on popular crypto exchanges. These exchanges are popular because of their huge user bases and decent daily trading volumes. Another advantage of such exchanges is that their fees are much lower and they allow users to sell their coins instantly. Once listed on these exchanges, POLYCUB will be able to attract large volumes of trading.
The team at LeoFinance has been developing applications for over three years. The company's social apps include LeoMobile, a mobile version of its popular website. The company has also recently released the PolyCUB application, which aims to improve tokenomics over existing DeFi yield optimizers. The new app will also be able to introduce the Polygon blockchain to the community as it uses Kingdoms' cross-platform yield farming vault. Users can earn through Base APY and PolyCUB APY.
Since PolyCUB is a long-term project, investors should not be afraid to buy into it. Although the price of each token will fluctuate, initial entries are cheaper and more lucrative than later stages of the market. The tokens will gradually decrease in value by 50% each month and by 50% each week. However, investors should not expect to make huge profits.
For example, Polycub generates $100M yield over a period of time. The company will earn 10% of this yield. Thus, if you invested $10M in POL, you will earn a yield of $10M. This yield can be used to buy the shares of Polycub. Despite the arbitrary number of $10M, POL offers tremendous value in the long run.
How to buy PolyCUB
You may be wondering, "How do I buy POLYCUB?" After all, the cryptocurrency is a decentralized exchange which operates on a scarcity model. While this makes it easier for investors to acquire POLYCUB, it is not designed to support an entire economy. Instead, the token operates like Bitcoin, where it is designed to be speculative and have value directed towards it. That means you can buy POLYCUB with the intention of reaping a percentage of the platform's value, rather than a full-on investment.
To purchase POLYCUB, you first need to create a crypto wallet. Next, you need to buy a currency, in this case, POLYCUB. Once you have your first cryptocurrency, you can then proceed to buy POLYCUB on the platform. If you are unsure of where to buy, you can check CoinMarketCap, which has a list of exchanges. You can also use the shorthand POLYCUB/USD for the same purpose. Each exchange is different, and they offer varying levels of security, reliability, and liquidity.
After you have purchased your POLYCUB, you can transfer it to a Metamask account. This will give you access to your POLYCUB and help you trade it on the PolyCub platform. In addition, you can stake POLYCUB on the platform as a means to earn on the platform. Nevertheless, there is no definite strategy that will maximize your POLYCUB earnings. Regardless of the method you choose, keep in mind that POLYCUB can go up or down in price. You can't predict which way it will go, so it is important to do your research and understand the pros and cons of each staking option.
In summary, POLYCUB is a cryptocurrency that operates on the LeoFinance ecosystem. Its development is the second step in the team's ambitious roadmap. Compared to other cryptocurrencies, POLYCUB's underlying mechanics and tokenomics are better than ever. Ultimately, this means you will see better returns on your investments and have access to a thriving ecosystem.