Posts

Am I late to the PolyCub party? Hope not

avatar of @rmsadkri
25
@rmsadkri
·
·
0 views
·
2 min read

Life happened for the last three weeks. My parents visited me three weeks ago and they took over my time. I could not manage to have enough time and enthusiasm to read or write posts between dealing with my visiting parents and the kids I am responsible for. I am not complaining though. It is fun to experience the both sides of my linage at the same time :P

Polycub

So much have happened on the LEO-LAND while i was busy making dinners and changing diapers. The most awaited polycub happened and @khaleelkazi actually delivered on his promise by updating the soon, to soonest, to now and here :)

I have seen and read multiple tweets and posts on polycub. It is fun to see people getting excited on a new project. I hope the new platform is actually pulling in new long term investors. There are degens in the defi world who jumps from one project launch to another to make sure they are reaping the early reward.

The same happened to cubdefi when the price went up to $14 and dropped right back to $3. I still kick my foot not taking the advantage of that price surge, lol

xPolycub

The Leofinance team came up with a new implementation strategy to reduce those who come for easy rewards. There are many posts that explain the mechanism behind xPolycub. I don't want to delve much deeper into that but I think this is the right approach to try to stabilize the price of polycub.

Not sure how effective the strategy is as the price of the token has dropped significantly in the last 24 hours. I am guessing the price will go level up with the $cub price. That's just my intuition and not based on logic.

My strategy

I don't know why but i think this is the time to buy more $cub and that is exactly what I did. Investing in CUB farming will give you more CUB tokens and ultimately more Polycub airdrops. I think I will get 100% return on my cub investments in the next 60 days even if the price of CUB and Polycub come back to 30 cents.

The cub price is stable and is providing rewards at a stable rate. We can rely on the price floor. Getting more cub will give me more polycub. A simple logic without any fancy graphs :)

More xPolycub

I like the idea behind xPolycub. I will add all my polycub airdrops into xPolycub staking and forget that I even own them. Let me come back in a year to see the price of Polycub and the number of tokens I have.

Enjoy your pooling party. Hope the team is creating buzz with their marketing this time around.

Posted Using LeoFinance Beta