To claim early or to not claim early on PolyCub?
The debate to claim your PolyCub early or not is real.
And made worse when you have no idea what you are doing.
I've seen a lot of people questioning whether or not to claim their PolyCub early, or let it sit for 3 months so that they can stake it then.
The thing is, at the current APR, you can earn over 1000% yield by staking your xPolyCub and, if you have a little USDC to spare, you can earn over 2000% APR by building up your farm. So claiming early could potentially be much more beneficial in comparison to waiting out the 3 months.
I decided to take the plunge and claim.
I had roughly 46 PolyCub mined over the past few days. So unlocking them early netted me about 23 PolyCub.
I had also converted some Leo to USDC in preparation for growing my farm a little more.
So after unlocking my PolyCub I topped up my USDC - PolyCub farm:
And increased my xPolyCub staked to see what sort of earnings I can get here:
I'm curious to see how this plays out.
Will I see a better result after 3 months in comparison to holding out for my full amount rather than taking a penalty? I have no idea. Will I track it? Nope.
I did see someone comment that we'll likely see a large number of people claiming their mined tokens at the 3 month point however, which may have some sort of impact on yields and the token price. Will this happen? No idea.
I think claiming early is worth testing out however. A 1000% APR is way too tempting not to take advantage of.
Posted Using LeoFinance Beta
