How Will Polygon CUB Handle Single Asset Staking?
This question came up in one of our previous AMAs and in a few chats on Discord about the upcoming relase of the Polygon CUB platform.
Polygon CUB introduces some radically new concepts to yield farming and building a DeFi portfolio. It offers many of the features that we want to migrate over to the existing BSC CUB system.
In this clip, we talk about Polygon CUB and xPOLYCUB staking - the form of single asset staking that will be featured on the new Polygon platform at launch.
In a previous clip/AMA, we also talked about the design inspiration behind Polygon CUB - a love child between Curve (Ellipsis), SushiSwap, Autofarm and CUB Kingdoms.
Wen Polygon CUB great question, first time we've heard that one! We're ready to release the platform but first, we're handling some impotant upgrades to the IDO V2 system and today is also BSC CUB's migration from V1 to V2.
Once these are complete, we'll start prepping for launch day!
LeoFinance is a blockchain-based social media community that builds innovative applications on the Hive, BSC and ETH blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
| DeFi Platform | Tokenized Blogging | Track Hive Data |
|---|---|---|
| Cub Finance | LeoFinance Beta | Hivestats |
 |  |  |
| Native DEX | Wrapped LEO (ETH) | Hive Node |
|---|---|---|
| LeoDex | wLEO On Uniswap | Witness Vote |
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▶️ 3Speak
Great. The projects have sound advisors. As a community member, I think the team should start exploring on what the next best chain to be at and the next best yield optimizing solutions. The team is doing great but should still be nimble in capturing that early wave of investors in a new platform. That may not be sustainable but will help hog the limelight for sometime. After-all, we also want numbers and more participants.
I agree, looking at new chains and finding ways to build applications that service their communities is a key pillar in marketing and expanding LeoFinance and our CubFinance DeFi branch.
The key point is that the world of crypto is rapidly expanding. We're nimble enough to continue pushing new updates and applications into the forefront with the ultimate goal of attracting a wider and deeper group of users to the LeoFinance economy.
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Why did you remove @ackza from Leo unliterally without any warning or procedure? So leo is a cenorship platform worse than twitter? even if someone was there from Day 1 and owned 1000 LEO? lol who the hell would ever want to be part of LEO now? When you are just censoring people like that? lol let me guess, its because of covid vaccine disinfo and your afraid ?
I didn’t personally remove him but the curation rules are extremely clear:
I just checked and a curator muted him earlier today. Looks like he’s tag spammed LEO for quite some time now, which is against our community guidelines.
Leo is a community on Hive, not a blockchain. His content lives on the hive blockchain, uncensorable. His content however, doesn’t earn LEO rewards if the curators decide that he is abusing the LEO rewards pool. He is free to try and appeal to the curators for an unmute.
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Thanks for the detailed response. I appreciate you taking time in answering community questions. I know the project team is nimble and is exploring ways to bring in users/investors. Still, I believe we would be in a better position if we explore opportunities relatively quickly. I know it is hard said than done. Good luck with all the thing that is happening at Leofinance.
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I wholeheartedly agree with that. Much of our research can (and is already) sourced via the community brain power. People create content, it’s curated to the top and the best ideas win.
This idea meritocracy guides us now and in the future as we look for new opportunities as a community platform. I believe our expanded team will be able to handle quickly navigating these waters. The focus now is on rapidly expanding our work force 🦁
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This Polygon cub seems to have a lot of promise.
Not having governance at the early stage means many people especially newbies to crypto get to experience more and then sharing rewards on harvesting will be an inspiring factor.
xPolyCUB is a very interesting concept. We're excited to see it unfold and potentially merge that feature into BSC CUB
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I'll follow closely then as i hope to learn a thing or two.🤗
In the future, with so many CUBS on so many different chains, don't you think the OG CUB will lose its value?
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That’s a fantastic question and a valid concern. Our design implementations - as I believe will be made clear when Polygon Cub is released - are aimed at value capture on the tail fo LeoFinance projects.
LEO is the umbrella token - the token that captures value all the way down.
CUB is the DeFi token - the token that launchpads any other versions of itself. It captures value from Kingdoms TVL (more TVL = more autonomous buy and burn via smart contract). It also captures value from launchpadding other projects (burning CUB in the process). Finally, it captures value from new chain iterations like Polygon CUB through the initial IDO burn + ongoing capture returns to Kingdoms.
I think we need more clarity on how we’re designing CUB for long-term value capture. I’ll work on it! Thanks for asking this question 🦁
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Thanks for the answer. Now I understand, CUB will be the main boss. I'll wait for future post to understand more.
Great to see the Polygon move and just go where the money is. That's what I've always appreciated to the Leo Finance team, it knows what's hot and the direction in which it needs to steer the entire machinery.
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