RE: LeoFinance Weekly Development Update | Facebook Hive Lite Accounts Added, LeoMobile V0.6, xPOLYCUB Governance and pHBD
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I think we’ll see $500k by the beginning of May and likely $1M by the end of MayI
I have mixed feelings about this, I actually have a big chunk of the APR of this pool as I hodl a big position, so I don't want people to join.
However I also want HBD to have a lot of liquidity and the POL to grow.
:D
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Haha well the other aspect of earning is something we need to add to the frontend. You are also earning 0.3% on every swap from the sushiswap AMM trading fee.
More liquidity in pHBD-USDC = more trading volume = more APY = more liquidity 🔁
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Add in the fact that we are going to be helping this with the Protocol owning some of the pool. We can use that to keep feeding it.
I will have an upcoming post about @leomarkettalk regarding this. We will see some support from there also.
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It helps to push the value of the entire platform up. All ROIs will see an improvement as more fees are incurred plus the Protocol garnering more value.
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It's all a self-feeding mechanism. I do believe that PolyCUB lacked this in some ways until the launch of pHBD.
The fascinating thing about pHBD is how much value is being accrued back into POLYCUB itself. It's truly amazing and it has changed my perspective on where PolyCUB is heading in an extremely positive way
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It would be good to get some concrete numbers if you could share them. Getting that out there would help to excite people.
Of course, start that only after I get more xPOLYCUB locked down.
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