Shifting from DeFi 1.0 to DeFi 2.0 with xPolycub in Mind: How to Stake Polycub and the Mechanisms of xPolyCUB
It's so joyous to see that the anticipated PolyCUB airdrop launch came into fruition this March and by next week it'll be complete one month since it's airdrop launch.
PolyCUB is a LeoFinance initiative on the polygon chain and is described as a DeFi 2.0 Yield Optimizer. This is very true because PolyCub is completely different from other DeFi platforms both in procedures and applications.
In procedures, PolyCUB originated from CubDeFi but has it's uniqueness in terms of it's yield optimizing abilities. In terms of application, PolyCUB is designed to bring what other DeFi platforms place first as last.
What this means is that the goal of PolyCUB is long term while other DeFi platforms are short term in nature. There's no quick quick rewards without penalties.
Be that as it may, PolyCUB differs from other DeFi platforms in two different ways: ability to sustain itself and it's deflationary power.
The idea of sustainability comes in play when you look at the end goal of PolyCUB. Since it's a long term project, stakers are restricted from quick or early harvest, although no one can stop any investor to withdraw his or her stake, but the system is designed to remove 50% early harvesting fees from such early harvesters.
These early harvesting penalties are shared among xPOLY holders. xPolycub holders are those who further staked PolyCub to xPolycub. Maximizing the rewards from early harvesters and the admixture of their own rewards + stake they become the fattest in terms of profitability.
The deflationary nature of PolyCUB comes in with the scarcity of PolyCUB emission as the weeks turns into months and months into years. PolyCUB emission is regulated by the polygon emission blocks.
The token is not allowed to be emitted like other DeFi 1.0 platforms that are faced with inflationary gap. Since PolyCUB is designed to become scarce, it's also designed to fight inflation by itself.
Scarcity of a valuable product brings more demand for such a product. Also, PolyCUB emission scarcity will make potential investors seek for the token at the long run and this will increase the value (price) of PolyCUB in the market.
Staking xPOLY today will be the wisest decision you can ever make for yourself. This is because with it's long term aim, you'll be the one to earn the largest rewards that's embedded in PolyCub a DeFi 2.0 Yield Optimizing platform.
Do have a nice time ahead.
Posted Using LeoFinance Beta
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