Solving the HBD Liquidity Issues Through pHBD: LeoFinance Setting the Pace for a 1Hive - $5 Mark

Greetings to all my esteemed friends on LeoFinance.io, it's another time to create contents that'll promote our dearest community to the entire world and show how tight LeoFinance community is a problem solving Web 3 platform on the hive blockchain.

One of my mentors on the Leofinance platform, @gualteramarelo will say that every business created should be targeted at solving problems and one way to solve this problem according to him is to first identify the problem and maneuvering the challenges around to create a lasting solution to such problem.

I think one of the core values features of the LeoFinance community is to identify the problem facing the growth of hive in the crypto market.

@khal and his team have been looking for a means to solve the problem relating to hive still running below $3 to create an all time hike of hive to $5 in the nearest future.

Although, to achieve this, there are so many huddles to cross and one of it is to make hive pretty scarce in the market or increasing the percentage of HBD APR to 20%.

The issue of scarcity pretty works with the principles of demand and supply, which project the scarcity of a product to mean increase in the demand of that product. While to transcend from 10% to 20% APR for HBD is faced with one major challenge, which is the problem of Liquidity

If you want to drop $100,000 USD into HBD and lock it up to earn 20% APR, you can't.
You literally cannot find the liquidity out there to buy $100k worth of HBD. That is a massive problem.Source

To achieve locking up HBD to earn more rewards, one can use pHBD to deploy on PolyCUB as a vault. pHBD-USDC will be the vault pair and users will be able to stake it and earn high yield on their HBD.

A small fee will be taken along with the 12% APR on HBD staking on-chain. All of this will be deposited into PolyCUB's Protocol Owned Liquidity (PoL) where it will seed long-term yield optimization.Source

This to me is seen from dual facets: increasing the earnings of HBD by just paying little fees and actualizing the long term goal of PolyCUB, which is to achieve yield optimization.

In during this, we're seriously promoting PolyCUB from the HBD end as well as increasing the potency of hive reaching an altitude of $5 per hive.

Anticipate the arrival of pHBD soonest.

Posted Using LeoFinance ^Beta