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avatar of @mikedcrypto
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@mikedcrypto
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My understanding of bonds adding value is that the protocol also earns trading fees on those pairs, even though yeah.. it's not much and I guess there's also the question of whether or not it make more sense to just buy LP tokens without using bonds.

But in that case, the protocol would have to dump polycub on the open market to get $ for LP tokens, so I think the bond mechanism makes far more sense than dumping polycub all the time.

From what I understand, Olympus DAO owns almost the entire liquidity pool for their token, and they make good money from those fees.

Idk.. I still haven't decided which way I lean. I got all my Polycub from farming "safer" assets and from CUB airdrops. I'm not convinced enough to load up on polycub with my own money, but I'm also not convinced that I should sell my polycub.

So I'm just riding it out and seeing how it goes. IMO this only becomes sustainable if/when we get to that "tipping point" of POL.

$100k can compound all day long and wont do anything to make the project get big.

$10M in POL is a whole different story. Question is, do we get to that tipping point and how?

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