Will I apply for a loan with my xPolyCUBs in 2030 and pay off my mortgage?

PolyCUB is more than just a DeFi token. The concept of decentralized finance was crippled in its early stage and hides much more than just a common pump and dump. I am thrilled by the news from the @leofinance team that they can borrow USDC simply by pledging their xPolyCUBs.

On average, the value of the loan will be about 50% of the committed xPolyCUBs and this opens up a real turning point for our ecosystem. Something similar happens with protocols like Anchor on Earth and this attracts huge capital, billions of dollars in LUNA are blocked from receiving loans in the UST. LUNA currently has a supply of around 800 million coins and the value of 1 LUNA is around $ 100. PolyCUB has a maximum supply of 21 million but in reality this figure will never be reached. So can you imagine the potential value that PolyCUB and in particular xPolyCUB can achieve ???

I currently have a mortgage on my home which will end in 2043, around 21 years. My goal is to try to close any relationship with my bank much sooner and it would be great to use my xPolyCUBs as collateral to apply for a loan and pay off everything already by 2030! What value must xPolyCUB have to pay off my mortgage?

I checked the table provided by the bank and in 2030 the remaining capital, excluding interest, is around 50k dollars. At the moment I have 25 xPolyCUB and I expect to reach 100 xPolyCUB in the coming weeks and then wait for the ratio to increase progressively and perpetually for the next few years, and consequently also its value.

A recent post by @ taskmaster4450 illustrated exceptionally how xPolyCUB at $ 100 is an achievable value in the medium term (the end of the year?), To date it is about $ 15 but in the coming weeks with the drastic reduction of the issuance of the token, the purchase of the protocol, the loan and the many other news arriving as per the roadmap, will incentivize investors to buy xPolyCUB and the price will see a substantial increase.

xPolyCUB at $ 100 means that my total value will be 10k and I will be able to apply for a loan of 5k. Still far from paying off the mortgage but we are on the right path. In 2030, if the value of xPolyCUB reaches $ 1000, then I will be able to take out a loan of 50k in USDC and pay off my debt with the bank!

Is xPolyCUB at $ 1000 science fiction? Maybe yes maybe no. Would you have thought ten years ago about Bitcoin at 60k or Ethereum 4k? Everything is impossible until it happens.

I will be here waiting for that deadline, as long as some nefarious event does not happen to me, and I will be able to deny myself for this post written years ago or rejoice. Patience as always is the virtue of the strong!

Posted Using LeoFinance ^Beta