PolyCub Daily - Get Voting on POLYCUB V2! What I've voted for and why

avatar

image.png

Roar Leos and Cubs,

Following my post yesterday: PolyCub Daily - Lock away my xPOLYCUB as vexPOLYCUB without hesitation!

As I have said, there are many new toys on this innovative Defi platform of our beloved community. One key feature that will shape the development of this project is Governance! With the introduction of vexPOLYCUB, which means enhanced voice (3x to be exact) over the DAO matters, together with the original governance power of xPOLYCUB, we the holders, hodlers, can now visit the Governance tab on polycub.com to make your will come true via your stake.

image.png

Yield Governance

The first one is how the inflated yield is distributed to various farms. We have done this before, just not with this fancy UI :)

So far, I have voted for PHBD-USDC and PHIVE-POLYCUB farms as they are directly related to the Hive ecosystem. I might change my mind afterwards though. So far I stand with my choice.

Cast your vote too!

image.png

PolyCUB Improvement Proposals (PIPs)

This one is about the parameters of polyCUB defi. This time the vote is about wrapping fees. There are three options: 0.25%, 0.35% and 0.50%.

I voted for 0.25%. This is status quo. My reason is that we should encourage more asset flowing around to increase turnover, so I think 0.25% is high enough. Since there is no smaller option, I voted for 0.25%. We can increase it after we have more volume on the platform. That's my thoughts. :)

Pick your option before July 22!!

image.png

By the Lions. Yeah... Totally. :)

Have you PolyCubbed or Cubbed^^ today?

Stay tuned ...

Posted Using LeoFinance Beta



0
0
0.000
2 comments