APRs Are High If you Stop Looking At Dollar Value

I only got involved with DeFi with the introduction of CUBDeFi and I have to say I'm glad I spent a day or two and crash coursed it plus there were many helpful people in the LEOFinance community that helped me out. In fact after I learned I created a newbie guide and training for others who found themselves where I was.

Since then DeFi has taken many hits to the chin through hacks, rug pulls and just bad tokennomics. Since then it's somewhat come under control and we are starting to see the solid type defi platforms stick around and hold their ground.

What DeFi Platforms I Enjoy

There are of course many more than this on other chains however these are the ones I use for myself and believe in. Of course do your own research before investing anything and if it's something you believe in and want to support that can be another good option.

CUBDeFi let's be honest the price of CUB right now can't go much lower without it being totally worthless. This is why for me It's a extra expense bet that the price will at least double at some point in the next year or two. I don't believe the project will flop, I believe the LeoFinance team will implement features that will at least hold it or increase the value of the token but at 4 cents each you can pick up thousands of these for next to nothing with some disposable income. For me this is a long game hold and I believe we might see future defi Projects stem from it. Also what we have heard is that CUB holders will be getting some form of airdrop on any future DeFi projects however that of course is not set in stone.

Pancake Swap because I got into Cub First it was natural to also get in on Pancake swap with their native token CAKE. This tokens been all over the place from $50 to $20 and now to $4 however the team constantly keeps working towards providing value. They constantly put things to vote and implement features that help to reduce the supply that people can take part in such as NFTs, lottery etc.

*Throwing in a little note here. I believe DeFi platforms need to be more willing to change the emissions of their tokens and not have it set in stone. When markets get bear the emissions should change and when markets heat up the emissions should change again however of course put to a token holder vote. Since these platforms are essentially acting like banks their native tokens I feel need to be willing to change and alter based on market conditions.

PolyCub I got into polycub simply because of the airdrop to CUBDeFi holders. This platform runs on Polygon which is ranked anywhere from 3rd to 5th highest in TLV (Total Locked Value) it's one of the smaller defi platforms people use however it does have some potential. Polycub introduces a number of new features that are being tried on DeFi and it's all a learning process about what works and what doesn't. The emissions on this thing where crazy high at first and then reduced back down.

Future DeFi

For me I would like to see a DeFi platform that tries the opposite. Instead of a flood out of the gate I'd rather see a bump curve. That means emissions start mid range and by 1 month in start to ramp up. They slowly ramp up over 3-6 months allowing people to get in on it and then slowly start to gear back down over 12 months. To me while it might not be sexy seeing huge Pumps of APRs at the start I would think it would be enough to get people excited and allow time for the marketing and people talking about it to gain traction and really bring value into it.

Current State Of DeFi Platforms

Right now these platforms are suffering. Low liquidity, activity and prices make the token values look little to nothing. If trading is not happening then these DeFi platfroms are not taking a small cut of the transaction which means not much value is going into the token which emissions in many cases remains steady. This is why I stated the above that the emissions should always be put to vote every 3 months based on market conditions.

What are your thoughts on the DeFi markets and for emissions to be put to vote more often to help compensate for market conditions?

Posted Using LeoFinance ^Beta