With PolyCUB AirDrops Coming to an END - From Where I Started to Where I am Now & Plan Forward...
PolyCUB defi 2.0 which is a DeFi 2.0 Yield Optimizing Platform is almost two months old. The two major shift/changes that I see coming to the PolyCUB platform would be around the token emission i.e. it would now reduce 0.5 PolyCUBs being emitted per block. See the following image that showcases the emission rate of PolyCUB planned month wise
And not the emission rate of PolyCUB token reduces. We would see the the Airdrop of PolyCUB tokens to CUB HOLDers also being finished at the same time line.
According to the PolyCUB Doc the 1Mil. PolyCUB Airdrop tokens to CUB stake HOLDers on the BSC platform also comes to an end after two month time frame. Folks who were taking advantage of the AirDrop tokens by selling them immediately will stop now. Hence, overall we would now have less dumping of the PolyCUB tokens. We have already witnessed in past few days PolyCUB reached its bottom and was trading for close to $0.14 cents and from there bounced back and is now trading side ways around $0.25+ cents.
I had plans to buy in some more PolyCUBs when it reached its bottom but could not grab many PolyCUB tokens that I was hoping to have. Still managed to get 50+ of the PolyCUB tokens at the bottom price and had staked all of them in the xPolyCUB staking pool.
PolyCUB From where I Started & Where I am Now...
Speaking of xPolyCUB and staking PolyCUB tokens. Lets, have a look at from where I started and what is the current status of my Xpolycub tokens staked.
I went into PolyCub to xPolyCub All In - My reasons to enter in xPolyCub and stake All PolyCub I had... sometime 2 months back and at that point in time as you can see from the above image, I had close to 500+ xPolyCUB staked and my ratio in the staking pool was around 0.64% not that bad to start with it, when going all in xPolyCUB staking Pool.
There were ups and downs and to be precise we saw only downward trend for the price of the xPolyCUB token. From its peak price somewhere around $15+ we see it trading now from $4+. The only good thing apart from the price that I see was the polyCUB to XPolyCUB ratio that has been on the upward trend.
When I started accumulating PolyCUB token at that time I saw 1xPCUB equals 3.4 PolyCUB and now the ratio is:: 21+ PolyCUB for 1XPCUB
The polycub to xpolycub ratio kept on increasing and its programmed to increase further only, there is no downward trend for polycub to xpolycub ratio. Now lets have a look at my current stake of the xPolyCUB.. from 500+ xPolyCUB to 1500+ xPolyCUB have been staked.
During all these time, I have been accumulating PolyCUB and have been staking them in the xPOLYCUB staking pool. As you can see from the above image that I managed to triple my xPolyCUB tokens and its increasing gradually day by day.
Finally, the plan forward is to stay in the xPolyCUB staking pool and take advantage of the sweet 30+ APRs and at the same time pool in the last Airdrop of the PolyCUB tokens to the xpolyCUB staking pool.
Down the line, I am also planning to provide some pHBD liquidity here on the PolyCUB defi 2.0. have close to 12K+ HBD in Hive savings. Planning to get the half of HBD from HIVE blockchain migrated over to the PolyCUB in pHBD-USDC farm. At first, I was thinking not to touch this 12K HBD but now I am tempted with the 40+% APRs this pHBD-USDC farm pool. Hopefully, should be migrating over some HBD pretty soon to PolyCUB defi 2.0
Image Courtesy:: doc.polycub, polygonscan, polycub
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