Hive Bullish Run Should It Be Attributed To Witty Inventions Of Leofinance
For those seen this article for the first time and don’t know what Hive or Leofinance means, well I would explain briefly according to my understanding. The Leofinance is a web3 platform that’s is built on the layers of hive blockchain, is another way for you to earn by curating and also creating posts or likes say articles has regards finance, stocks and crypto. It’s native token is the Leo. While Hive same explanation might go with it, but it’s more on a broader form.
The Leofinance team development target is to attract more investors to the system by solving the demand and supply isssue which the blockchain Hive currently face, in other for whales to onboard the ecosystem. In their most of their AMA session which they spoke about how they intend to go about this, hence the launch of some witty inventions such as the pHBD, Polycub, xPolycub which is regarded as the star of Defi2.0.
Above all mentioned pHBD has been more successful since it’s launch so they decided to increase the liquidity pool, which is will definitely be beneficial to both ecosystem. And also the introduction of massive APY, couple of weeks ago hive increase their APY from 12% to 20%, and also the massive APY of PolyCub also saw fresh new investors onboard the ecosystem.
Leofinance is definitely staying true to course as the movement which the native Hive token made of about 60% as regards market price can be attributed to the amount of work in which the Leofinance development team has put in place. It’s definitely an interesting one to see Hive back to $1 after or during this current market dip.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity.
Posted Using LeoFinance Beta
