PolyCUB: The Multi-Token Bridge | Backstory on PolyCUB V2

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open source wrapping question.png

In this clip from the AMA, we talk about PolyCUB serving as a multi-token bridge. This is interesting backstory behind-the-scenes from the days leading up to the launch of pHIVE - which has since launched since this clip went live.

Read More About the Full 180 Degree Shift for PolyCUB as a Multi-Token Bridge Platform: https://leofinance.io/@leofinance/polycub-s-multi-token-bridge-theory-or-the-future-of-defi-on-leofinance

This code can also be used to wrap and HIVE engine tokens onto PolyCUB on the Polygon network and create a vault for them. We've deployed pHBD, pHIVE and pSPS onto Polygon and PolyCUB already and the xPOLYCUB DAO can now vote for the addition of any other assets on PolyCUB.

Want to see pCTP or pONEUP or pBLANK on PolyCUB? Get the leaders of your favorite Hive communities to put together a proposal and reach out to LeoFinance on Discord to help them upload that proposal and put it to a governance vote on PolyCUB. If enough xPOLYCUB stake backs it, then the proposal will go through and their token will get listed on the multi-token bridge.

We do not want to release a bunch of HIVE engine vaults and distribute yield for no reason. We will obviously can have requirements for these tokens such as Market Cap and overall usage. It's ultimately up to the xPOLYCUB DAO holders to make that choice.

With PolyCUB serving as the Treasury Wrapping Service, the DAO will generate more revenue into the protocol from wrapping fees, the internal arbitrage bot and the other 3 forms of value accrual.

We talk about these things and more in this clip from the Weekly AMA!

About LeoFinance

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 users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io


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9 comments
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5 years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

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With the launch of Multi-Token Bridge on polycub, I expect more attention from the crypto users and this will increase the traffic. Polycub is going on the right path where it will generate more revenue which is going to benefit the tokens holders. This is going to add great value to the defi ecosystem. Great work Khal and team.

Posted Using LeoFinance Beta

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In fact, a true crypto enthusiast cannot ignore PolyCUB for long. It's launching in the right season and it's Built to last.

Posted Using LeoFinance Beta

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Polycub and the Leofinance team stay having everyone on Hive on their mind providing opportunities. Really nice to see, it’s always great to see More of these hive engine tokens gain more utilities. I have some of these tokens on Hiveengine wallet that have been inactive for a long time and I don’t want to sell. But bridging to POLYCUB to provide liquidity is a great idea.

Posted Using LeoFinance Beta

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Launching the Multi-Token Bridge on the Polygon Network is awesome. Now the is the mention of wrapping Posh token on to Polygon. Suddenly lot if these token are worth stacking and to accumulate more. This is a win win for all involved !

Posted using LeoFinance Mobile

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There is so much room right now for strong products to unite to create win/win situations in the overall hive economy as well as to broaden the base layer of participants.

Wait until the value catches up with the effort.

Posted Using LeoFinance Beta

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Want to see pCTP or pONEUP or pBLANK on PolyCUB? Get the leaders of your favorite Hive communities to put together a proposal

The best part of CUB De-Fi projects is their contribution to the Hive ecosystem. With the wrapped coins, the fees generated and the value on these farms will bring a win-win opportunity for both Hive projects and PolyCUB stakeholders 🦁

Posted Using LeoFinance Beta

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Wow! Wow! Wow!
I can catch a glimpse of the big picture.

Want to see pCTP or pONEUP or pBLANK on PolyCUB? Get the leaders of your favorite Hive communities to put together a proposal and reach out to LeoFinance on Discord to help them upload that proposal and put it to a governance vote on PolyCUB. If enough xPOLYCUB stake backs it, then the proposal will go through and their token will get listed on the multi-token bridge.

I was wondering how other Hive communities would get their tokens listed. The above is just a great way of making the community team up and get positioned ahead on PolyCUB with their XPOLYCUB stakes to vote to pass their proposal when they have met other basic requirements.

It's a win-win deal.

Posted Using LeoFinance Beta

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This new development is really nice having the multi- token bridge operate on polygon network is wonderful development and a way forward for more success.

Posted Using LeoFinance Beta

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