Getting Ready For PHive on Polycub
It looks like the Sooniverse just became the Thursdayvers regarding creating Hive on Polygon via polycub. The advice? Get your liquid hive ready.
I've done this before over the last couple of years and I've done so with high hopes and very low expectations. Well, at least I've been right lol.
While I love the projects and do hope for the best, is PHive going to be the best for me? And if so, how do I get myself there.
Honestly, I've managed to take around $1,000 and turn it into around $80 just buying this stuff and letting it ride in a kingdom and now a few poly farms. I am no expert in defi and basically buy and hold. That may be my issue right there.
Having said that, before this announcement I was not ever considering relieving myself of Hive other than moving in and out of HBD because of the current HBD rate of 20% which I'm rather obsessed with.
I know I'm locked up for 3 days and am not liquid enough to buy the hive dip but in all honesty I probably wouldn't have the nerve to make that move any way. Besides being bad at defi, I'm bad at trading too.
But I do have 1500 liquid hive hanging out waiting for some type of decision. Moving some HBD onto polycub was quite easy and I'm not opposed to it.
My question is will it be worth it. Giving up some hive and getting a nice return in Polycub. I'd say if I don't do it then I better power it up but still not sure I want my hive liquid to earn only polycub.
And if I decide to participate, what about removing my liquidity from the Pleo-Wmatic farm and converting that to hive and polycub. Do I need any pleo to do anything?
Or for that matter maybe removing my liquidity from Phbd-USDC farm and roll that into the hive-poly farm on Thursday.
I don't have a lot of money in these things, maybe $100 to $200 but I don't fully understand where I should be hanging out on poly and what I should be trying to earn. This is all a learning exercise for me.
Further, I still show my harvest penalty on my Polycub homepage and wondering if I unlock it will I get the penalty or not. I would like to either roll that into hive or even xpoly.
Decisions, Decisions, what do you think? I'd love to hear thoughts in the comments.
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I traded hive for Leo. Took $1000 worth and bought cub day and it tanked. It's sitting in the kingdom. Never touched it but it is earning more cub and is eligible for poly airdrops. But even with that airdrop it's only worth about $100, but I'm unsure what my xpolycub is worth. I managed to eek out 5.3 xpolycub
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I'm not too worried, just not sure if I want to add more over there. 20% on HBD is so fun for me. I'd like to build that up a bit. But heavy fomo on phive
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Yeah, I lose quite a bit of curation by ruminating on these decisions. I was liquid in Leo for almost a year. I just powered up 5,000 a few weeks ago. Same with Hive. But I gotta decide to stay at 500 HP or go to 2000HP and earn more. I will hit a lull with posting next month but curating is easy.
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Yeah, I'm great at indecision. Had I just powered up and stayed the course last year I'd be happy. I just thought I was going to make some brilliant move I never made. But I would have lost on it lol.
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I never paid attention to it, even at 10 or 12%. Now it's a different story lol
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It would be better to buy Hive with stablecoins while Hive is selling cheap, but I still don't plan to remove the pHBD-USDC LP. Instead, I saved some cash and I'm going to join phive-polycub with them.
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I think hive will get cheaper. Maybe into the 50 range. I'm wondering if I need the pleo-wmatic farm. I think I put in $100 into that one. I wonder what's it's worth now? Im afraid to look.
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I would love for it to be cheaper. If it goes back to the 50 range that would be great for me. I want to power up my Hive Power even more.
I did not join the pleo-wmatic farm. Check it out after a week, it might be more exciting when the poly goes up. :)
Isn't the PHBD-USDC farm less risky and more profitable?
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I'm not sure about the risk but it sounds that way. I'm just learning the defi stuff. I've never farmed until poly. I have just been in the cub kingdom until this. But it seems that I don't really need the pleo-wmatic stuff. Just a little matic to do stuff with. I might liquidate.
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According to PHBD-USDC, PLEO-WMATIC is risky. Despite this, the fact that the APR rate is quite low keeps me away from PLEO-WMATIC.
APR 28.95% on PHBD-USDC. APR 21.66% on PLEO-WMATIC.
The liquidity provided on PLEO-WMATIC is quite high. Am I missing something?
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I wouldnt be able to tell if you are missing something because I don't really get this stuff.
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I have the same issue I aped into CUB and basically hold a negative 95% bag rn on there. I do not have any liquid HIVE everything goes into HP as soon as I see a fraction of a HIVE in my wallet. HBD is my option to sleep well and know that I will have 1 million or more in 20-30 years. But my HP stays where it is. I even moved my pHBD back to HBD and spent the USDC part on directly buying polycub since it is really cheap rn and I hope for good returns there. Not giving up my little power I have although it could be a possible moonbag...
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Interesting. I never even considered liquidating and just buying poly. I was always focused on getting yield and putting into xpoly. I might play around with that.
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Ok, but do not take me as a financial guide I hope you read my disclaimer in my latest post :D
It even could be that we see polycub even go to lower lows. Who knows when its time to sweep the floor...
I just ape into shit and then I HODL and I am really bad at taking profits. Take SPS for an example I could have sold 10 k worth when it was at 80 cents and could buy now 6-7 times as much with that money...
Yep I'm the same way I just hold. Any time I trade I lose
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It depends but I have a reluctance to rely on farm tokens. I know CUB or PolyCUB could be different but the nagging feeling just sits there. So I honestly think the pLEO/MATIC or USDT/HBD is safer. At the same time, I think bLEO/BNB is proving a better return compared to the pLEO/MATIC pool.
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Polycub probably my riskiest investment ever, well I took my "gifted" LEO from the very beginning transferred it via bLEO (also regretting it for not keeping it longer there) and then owning that tanked thingy. I calm myself down this way: Now that I put all the gifted LEO into their brainchild, there's no pressure to support (meaning piling up LEO) @Leofinance anymore, just post there very rarely, they have my and their babies at the same time, so also no hard feelings
I find that @leofinance makes me the most hive so any Leo or Leo products are all free for me. I only stack leo to pay them and curate to pay them back in a way. Least I could do. My problem is that I sold so much hive . I can't believe I did that.
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I think it's an inherent problem, like with stocks (not made to sell ever) but there is something like a LIFE and investors deserve to finally live it and sell, also no hard feelings at this point 🙃
It's all luck. Leo.Voter made me more hive than I could have made myself. I'm thankful for that. I should have just stayed in hive stuff and not wondered off chain. I did buy 2 eth with it and reclaimed my lost btc plus whatever is left over on the hive blockchain. I got pretty lucky. I feel like I missed out on the bull run but I don't trade. I just grind.
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