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How PolyCUB is Solving the HBD Liquidity Problem on Hive

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@khaleelkazi
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In this clip from the LeoFinance Weekly AMA, we talk about how PolyCub is working to solve the number one problem on HIVE.

With the on-chain savings rate for HBD raised to 20% APR, the building blocks have been laid for Hive to gain mainstream DeFi adoption. HBD onramp and offramp liquidity is the final piece to this puzzle.

This is exciting for HIVE because HBD at a 20% interest rate could likely push HIVE into the top 25-50 cryptocurrencies in the world. I believe this can happen and I've been loading my bags with even more HIVE than I have ever held. This 20% APR is truly a game changer for this ecosystem.

Since launching, pHBD has become one of the #1 sources for daily trading of HBD. If you check it on Coingecko or Coinmarketcap, you'll see the pHBD frequently does $20-$80k per day in trading volume.

All of this volume on just $400k in the pHBD-USDC liquidity pool... imagine a future where this pool hits our target of $5,000,000 and we see trading volumes 10x the current rates. That's a lot of onboarding into the Hive ecosystem and it's all made possible by PolyCUB's Multi-Token Bridge DAO.

We talk about this and more in this clip from the Weekly AMA!

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitterhttps://twitter.com/FinanceLeo

Discordhttps://discord.gg/E4jePHe

Whitepaperhttps://whitepaper.leofinance.io

Our Hive Applications

Join Web3https://leofinance.io/

LeoMobile (IOS)https://testflight.apple.com/join/cskYPK1a

LeoMobile (Android)https://play.google.com/store/apps/details?id=io.leofi.mobile

Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP

Hivestatshttps://hivestats.io

LeoDexhttps://leodex.io

LeoFihttps://leofi.io

Polygon HBD (pHBD)https://wleo.io/hbd

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC)https://cubdefi.com

PolyCUB (Polygon)https://polycub.com

LEO Wrapping Bridgehttps://wleo.io


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