Hive Community Guide for listing Tokens on PolyCUB V2 Vault
The wins of PolyCUB's Multi-Token Bridge Theory
Innovations on PolyCUB is giving a whole new definition to DeFi participation. @Leofinance developers are already leaping into the future and are intentionally deploying the right tools of true decentralization and community governance.
Going through the recently published PolyCUB's Multi-Token Bridge Theory (MTBT) reveals the mechanics that assure of a full 180 Degree Shift for PolyCUB. This is made possible with the V2 vault farms created and are already running into million dollars worth of Liquidity. Besides, these vaults are means of value accrual for PolyCUB investors.
The successful launch of PolyCUB DAO voting for yield allocation yesterday openness up a new phase for development and participation in PolyCUB DeFi to the benefit of all participants and affiliated Communities. So far, Hive assets constitutes the largest proportion of value to PolyCUB. This is evident with the growth of Hive related pools cuz: pHBD-USDC, pHIVE-POLYCUB, MATIC-pLEO and POLYCUB-pSPS on PolyCUB.
The health of the above Hive related vaults shows th level to which Hive users and communities should benefit from PolyCUB. Going deeper, PolyCUB is opening up to list more Hive assets which has a huge benefit on the community on the short and long term.
Hive Community Guide for listing Tokens on PolyCUB V2 Vault
I got so excited after reading this post published by @khaleelkazi yesterday giving a hint to aid the listing of more Hive assets on PolyCUB. This is the motivation for this post to prepare your minds while we anticipate another detailed update on the theme. I'm sure many Hive community leaders would be excited about this .
Want to see pCTP or pONEUP or pBLANK on PolyCUB... source
The below guidelines simplified from Khal's position in the post. Thus, the listing of a Hive asset in PolyCUB would be as follows:
- Community leaders should put up a proposal for listing the tribe token on PolyCUB.
- The proposal should be submitted to LeoFinance on Discord.
- The proposal would be uploaded to PolyCUB. governance by the LeoFinance team.
- The proposal would be up for xPOLYCUB voting.
- If enough xPOLYCUB stake backs the proposal, then the proposal will go through, the token will get listed on the multi-token bridge.
It must be noted that there would be basic requirements that must be met before the token listing proposal is even considered for voting. Some of the requirements (not limited) would be:
- Market Cap of the token
- Utility of the token
Going forward, I believe that here's a new dawn for Hive tribes tokens with potential listing on PolyCUB.
All you need do now is get involved with the existing vaults and stake more POLYCUB into XPOLYCUB.
It can only get better!
Learn more about POLYCUB - the Best Sustainable DeFi?
These posts would be of benefit in explaining more on the DeFi 2.0 pioneered in PolyCUB and how it plays out as a game-changer in the DeFi space, optimizing yield and serving long term decent profits to investors. They are:
- Why Would Anyone Buy POLYCUB 1 Year From Now?
- Introducing the PolyCUB Roadmap | xPOLYCUB, Bonding and Collateralized Lending
- PolyCUB | Emissions "Halvening" In 2 Hours and the Future of Sustainable DeFi Through Utility AND Scarcity
- Bitcoin Moguls now know and demand PolyCUB
Make your money work for you on POLYCUB - PolyCUB is the best DeFi lending platform in 2022
Are you yet a part of this fast evolving change in the cryptocurrency industry. The earlier the better!
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About me...
I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.
I am your favourite Hive Tribes Promoter and Curapreneur!
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Let's connect on Twitter
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It's getting more exciting in Polycub. It would be awesome when listing of HE tokens will start and perhaps help to have some trading volumes for some of the tokens.
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There are multiple benefits for Hive-engine tokens to be listed on PolyCUB. One of such benefits is the huge arbitrage opportunity that would be added. More liquidity for incoming investor would also be provided while token holders can also maximize PolyCUB yields to their advantage.
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That's true. And we need those opportunities and benefits :)
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Certainly, every Hive-engine token listed on PolyCUB would have a higher staking profit and that would encourage more participation.
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