There is lots of excitement at the moment with the news that there will be a polycub airdrop.

What we all missed was that the pump in the price of cub and drop in the tvl in belt kingdom have had some phenomenal impacts on the yields.

Market leading stabelcoin yield

The most attractive yield in my view is the stablecoin yield of 63% in the 4belt kingdom.

Belt4 kingdom assets

So you may be wondering what is the stablecoin kingdom investing in. Well it invests in belt, which is a multi asset pool. Belt invests in ellipsis, fortube, Venus, and alpaca. All except for ellipsis are lending platforms which you earn interest by lending to others.

How do you earn yield

You earn yield 4 ways, with the belt4 kingdom.

1. Interest from the underlying assets like alpaca
2. Belt tokens as a reward for staking.
3. trading fees in the 4 belt pool. This is where someone trades say BUSD for USDC
4. CUB tokens as rewards

Why did the yield go up

The yield has sky rocketed in the last day. This has been caused by two facts

1. The value of the CUB price has gone up 30% theefore increasing the value of the CUB rewards
2. The total value locked in the kingdom has dropped which means more CUB rewards are allocated to each dollar invested has increased.

It looks like the news on polycub has encouraged people to sell their belt from the kingdom and buy cub. So everyone is happy..both cub owners and belt owners too.

Like everyone else I am excited for polycub it's an exciting next chapter in the LEO crypto kingdom.

Posted Using LeoFinance ^Beta