It is significantly more economical to use a yield optimizer than it is to try to maximize returns via conventional methods using a traditional investing strategy. More than $4 million in total value (TVL) is presently locked into PolyCub’s farming pools, making it a secure and straightforward method for DeFi users to uncover yields and earn significant APY.
Founded by the LeoFinance Team, who started their blockchain journey three years ago when they created the tokenized social app LeoFinance.io, which grew into the backbone of a much larger Web3 Ecosystem that has consistently evolved and expanded within the crypto world and is driven by core values.
For the first time in LeoFinance’s history, a new breakthrough app for its users was launched on March 5, 2022: https://polycub.com. Almost immediately, PolyCub saw a spike in attention, and it hasn’t looked back since. PolyCub’s mission has always been to create a link between its community and Polygon, an amazing blockchain with long-term potential.
Auto-compounding yields from platforms like Quickswap and Sushiswap may be earned using the PolyCub platform. After depositing the assets in the Vault, it’s time to put your feet up and let them do all the work. Investors’ acquired tokens are automatically compounded into new LPs by PolyCub periodically. Even without intervention, the deposited assets will regularly rise over time. On top of that, at any moment, LPs may be withdrawn.
Each user’s base deposit position is automatically compounded by the automated claiming base platform (i.e., QuickSwit/Sushiswap) yield. Users may earn income on their crypto assets by storing them in a vault. PolyCub Vaults provides a high yield with a dynamic harvesting optimizer while saving the user time, gas expenses, and effort. The yield created in these Vaults will be automatically compounded at specific intervals to multiply further. PolyCub has its native coin, POLYCUB. There will never be more than 26000000 coins in existence ever, thus making it scarce and helping in raising its value over time.
Farmers also get POLYCUB tokens in addition to the usual yield. When farmers receive POLYCUB tokens through staking LP tokens, they are locked for three months. After that, farmers may collect their POLYCUB harvests, but 50% of their crop is returned to the xPOLYCUB contract if they do so before the 90-day unlocking period. In addition, users who stake POLYCUB into xPOLYCUB may receive the other half of the reward, returned to the xPOLYCUB staking contract.
It is the xPOLYCUB staking mechanism that forms the foundation of PolyCUB. An enormous amount of earning may be made by staking POLYCUB into xPOLYCUB. POLYCUB provides inflationary incentives – up to 2,900 percent APY – to its customers with all vaults.
Kingdoms, a vault mechanism, are cross-platform yield farming vaults on PolyCub. Assuming investors are using an LP platform such as Sushiswap or Curve, one may stake their LP tokens in Kingdoms and receive two kinds of yield:
- Base APY from the native LP platform (i.e., Sushi or Curve rewards)
- POLYCUB APY
A revolutionary adaptive harvesting optimizer, according to PolyCub, is what allows the company’s vaults to provide the most outstanding annual percentage yields (APYs). Right now, APYs are sky-high, yielding over 600 percent. The Kingdoms TVL has already surpassed $4 million, and it’s only going up from here. Quite remarkable as it was just introduced recently.
PolyCUB Token is designed to Go Deflationary as the project is set out to create the first-ever, genuinely deflationary Yield Optimizer platform. PolyCub does everything, right from taking care of the investor’s farming, reward claiming, and compounding needs. It provides the most significant APY for protocol users to maximize their returns by integrating the finest vaults when compared to other yield optimizers in the industry.
The next step for PolyCub that is currently happening as you read this article is Bonding, which provides permanent liquidity to the protocol via POLYCUB-USDC and POLYCUB-WETH bonds. Allowing other bonds in the form of WBTC-WETH, stablecoins and other Kingdoms LP assets creates the opportunity for users to bond external assets and earn greater returns on POLYCUB. These bonds are then held by the Protocol Liquidity and used to buyback POLYCUB and distribute long-term xPOLYCUB LP Incentives.
Once the emissions rate of PolyCub drops to almost zero, the Protocol Liquidity will begin to buyback PolyCub tokens from the market and thus continuously add demand to the token in perpetuity. Then, the protocol will distribute the market-bought PolyCub amongst the Liquidity Pools that will no longer be earning from the emission rate – another self-sustainable theory to be confirmed – and will then be earning from the buyback distribution.
This process will send the vast majority of PolyCub back into the xPolyCub vault, eating away the circulating supply and providing more PolyCub scarcity and more demand for xPolyCub Staking.
Are You Convinced About the Future of PolyCub?
There’s one more value proposition on the near-term roadmap that is intended to drive value to the diamond paws – the equivalent of diamond hands in the LeoFinance Community – and that is Collateralized Lending: Users will be able to stake their xPOLYCUB tokens into the collateralized loan contract and take out a loan from the Protocol Liquidity in exchange.
The release of POLYCUB provides a glimpse into the future of DeFi 2.0 Yield Optimizers. What we’re seeing take place is the early distribution of a highly scarce asset – with only 7.2 million POLYCUB to ever exist.
That scarce asset is being coupled with the dynamics of long-term, sustainable yield generation through Protocol Owned Liquidity. These mechanics are then combined with Collateralized Lending on xPOLYCUB stake which gives users the option to diamond hand POLYCUB in perpetuity. Instead of selling POLYCUB, users are given the ultimate value proposition to hodl POLYCUB as staked xPOLYCUB, earn 30%+ APY and take out self-paying loans against their stake when they want liquidity.