PolyCub Not Your Average Yield Optimizer
Did we actually forget about PolyCub? This was the question that ran through my head when I was reading some threads on the Leothreads platform, was really wondering if Leothreads and project blank has taking all it's glory!. Well for you new threads and LeoFinance writers before the threads started to trend on the hive chain there was a PolyCub.
So you might be wondering what PolyCub is all about? Here is an explanation of what PolyCub is all about; PolyCUB is a yield optimizer platform that provides a safe and easy way for DeFi users to discover yield and earn on the Polygon Network.
The platform was built by the LeoFinance Project which has built nearly a dozen apps in the crypto space over the past 3 years and continues to build blockchain-based applications like leofinance.io, cubdefi.com, polycub.com and many more.
PolyCub is still not an average yield optimizer has the platform allows farmers to earn auto compounding yield from Defi platforms such as quickswap, sushiswap to mention a few others. The beauty about it is that your deposited balance can be withdrawn at any given time you chose, here is a simple analogy on how the process works- When a farmer earns POLYCUB from staking LP tokens, they are locked for X blocks. Farmers can claim their POLYCUB harvests at any time, but if they claim it before the X blocks locking period, then 50% of their harvest is returned to the xPOLYCUB contract.
The farmer who claims their POLYCUB harvest early (before the X block staking period) receives 50% of their POLYCUB yield
The other 50% is returned to the xPOLYCUB staking contract and can be claimed by users who stake POLYCUB into xPOLYCUB.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows eusers and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Posted Using LeoFinance Alpha