LeoGlossary: Polycub

22d (edited)
LeoFinance
1 Min Read
207 words

A staking platform that provides users with the opportunity to earn yield by from the application built on the Polygon network. This is under the heading of decentralized finance (DeFi) which is tied to blockchains.

Polycub was built with the intent for sustainability. The idea is to focus upon features that generate cash flow as part of the transition to Web 3.0.

The design is for revenue generation through the utility of application while simultaneously using a scarcity model on the main token, POLYCUB. This is tied to a governance system which allows the HODLers to direct where the yield of the platform is directed.

There are two main ways to farm:

  • Farms
  • Kingdoms

A key factor is the Protocol Owned Liquidity (Treasury) which generates revenue to provide returns to users and fulfill the APRs, as directed by governance.

LeoBridge is one of the features that feeds revenues into the Treasury. Others include arbitrage, bonding, and lending.

All of this is meant to generate buy side pressure on POLYCUB as the deflationary nature of that token takes over due to the halving process tied to the emission rate.

Related:

Visit Polycub Website

Posted Using LeoFinance Beta