PolyCUB Collateralized Lending | Building Deep Utility for a Scarce DeFi Asset
PolyCUB Collateralized Lending is definitely one of the most exciting features we've built for PolyCUB over the past few months. After bonding is rolled out, we'll begin the rollout stages of collateralized lending.
This feature will work with a few core mechanics aligning to allow users to:
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Stake POLYCUB into xPOLYCUB
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Earn 30-50% APY on xPOLYCUB Staking
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Collateralize Their xPOLYCUB Stake (While Retaining the 30-50% Yield on it)
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Take an Overcollateralized Loan Against Their Stake from the Protocol Liquidity
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Pay Back the Loan + Small Interest % (which is more than well covered by the yield of xPOLYCUB, making it a self-paying loan)
We did not oversell PolyCUB in the past several months in calling it a game changer for the DeFi Yield Optimizer space.
We've built a low-supply asset (POLYCUB only has about 7,000,000 tokens when fully diluted) that has long-term yield features along with deep utility through lending, governance and variable earn rates.
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