RE: Introducing pHIVE | Bridging the Hive Ecosystem to Polygon

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More utility for HIVE and WAY more utility for POLYCUB. I love to see it

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How will the price fluctuations of HIVE and POLYCUB affect the mechanics of this liquidity, both tokens being very volatile?

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That’s a great question! Volatility will actually have a massively important impact: the volatility creates huge LP trading fees which will make the APR for being an LP highly attractive.

On top of that, the volatility will lead to a lot of arbitrage volume which ultimately drives value accrual to POLYCUB. Since pHIVE is paired against POLYCUB, that will mean that the pHIVE-POLYCUB pair will get more and more valuable with time as it’s paired to a scarce asset accruing value from 10 V2 vaults like pHIVE-POLYCUB

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Good to read this explanation. It really soothed my worries. In fact, I just noticed that POLYCUB is on an upward price journey of no return.

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This is making Hive spread into more hands in the Cyptoverse. We just had a new market for arbitrage opportunities.

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Definitely,this is a very good one and I wait to see how well this will have effect on the price of the token

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At the moment, it seems to have positive effects on the price. But I think the short-term effects are not so important, the important thing is the benefits to PolyCUB and HIVE ecosystem. And in the long run, it will be of significant help to both ecosystems.

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I just jokingly said this to a user now,let me repeat this,all this initiative makes me feel better and see it as a way of reaping the fruit of our labor in the community

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