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RE: RE: Introducing POLYCUB V2 | vexPOLYCUB, Governance UI, PIP2, Multi-Token Bridge and Buybacks
25
@khaleelkazi
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1 min read
PoL has been compounding since the launch of the platform.
This is a valid argument but also misses how much fees are being generated. It’s quite high. This means a surplus of revenue will always remain and compound PoL while the 20% yield creates a long-term incentive to increase the POLYCUB price.
As the POLYCUB price increases, the deployment of assets into the /farms increases. As the assets rise, oracle staking revenue + wrapping fees rise. Internal arbitrage is generating ridiculous revenue as well. If LPs get deeper because POLYCUB is going up in value, then the total revenue of the system increases exponentially.
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