Press Release From Cointelegraph: One of the Ways to Market PolyCUB - PolyCub Marketing Week in View, Expect More Updates
Listening to the voice record on the Cointelegraph platform just proves that what the @leofinance team is doing will finally bring great results that'll enrich members of the community and investors out there who believe in the community project.
One of the amazing comment on cointelegraph is the way they gave the history of DeFi:
Decentralized finance (DeFi) first took the world by storm in 2020. Now, two years later, the world has grown to know several successful DeFi projects. Despite these successes, like any new field, several problems have also arisen.
One of the amazing thing about the above is that fact about DeFi 2.0. DeFi 2.0 protocols are looking to build stable value with more advanced concepts. This has been one of the desires of 2.0 platforms and PolyCUB is the first DeFi 2.0 platform to achieve this.
The laughing of PolyCub a week ago proved to the entire cryptoglobal that its possible to develop a platform with optimum yield that surpass that of DeFi 1.0.
As many in the community have said in their different post that the joy of staking PolyCub resides on one's ability to see the need to further stake xPOLY.
xPOLY according to cointelegraph is:
In this model, long-term earning sustainability is ensured through POLYCUB's underlying scarcity model. The app's token operates similarly to Bitcoin in that it is not a medium of exchange. Instead, POLYCUB has value directed toward it, ensuring that the necessary deflationary pressure is being applied in distribution. As a result, xPOLYCUB is ideal for those planning to hold their assets for the long term.
There are several benefits attached to xPOLY holders who patiently wait until the x block locking period. To simplify what x block locking period mean, it's actually the period after the cooking down time placed by the Polycub developed.
PolyCub holders are at will to harvest their stakes even before the x block locking period, but they must be willing to give up 50% of their rewards, which will be shared automatically to the holders of xPolyCub.
In practice, anyone staking POLYCUB as xPOLYCUB in a single staking pool will hold a forever deflating asset. xPOLYCUB's value against POLYCUB only gets larger with time (10.71 PC per xPC at press time). xPOLYCUB acts as a claim on early harvesting penalties generated by external capital (TVL) in Kingdoms vaults.
Finally, to me this Press Release by Cointelegraph is very holistic and easy to understand. So for those who needs clarity on PolyCub, should visit Cointelegraph and will be convinced to invest in PolyCUB as well as other LeoFinance tokens.
Posted Using LeoFinance Beta