Cointelegraph Covers PolyCUB! | DeFi 2.0 Protocols with Yield Optimization on Polygon
Cointelegraph - one of the largest crypto news outlets in the entire industry - has covered https://polycub.com in an article today.
They did an awesome job with this post, talking about the key features of PolyCUB and also covering the LeoFinance team and Web3 ecosystem in some detail as well. The links in their post drive people toward both https://leofinance.io and https://polycub.com as the CTA.
This is the first in a long series of press releases and articles that are going out about PolyCUB this week. There are so many different outlets that we are in contact with who are covering PolyCUB right now. It's going to be really awesome to see all of this attention come to fruition.
In this post, we'll review their article about POLYCUB a bit. As we mentioned in yesterday's AMA: be the slingshot.
We want everyone to go out and share this article six ways from Sunday. Spread it on all Web2 platforms, write an article about it here on https://leofinance.io and Hive. Get the news out there.
It's one thing to work hard and have a big budget for these type of press releases, it's another entirely to have a hardcore community come into play and amplify the PR traffic this can generate. Most projects don't have a hardcore community but we do. We need to leverage our strength and spread this news about PolyCUB from these various outlets far and wide!
This is why you'll see coverage of each PR on this account (@leofinance) on all social media platforms, including Hive and LeoFinance. It's important to spread these things, get clicks and shares and create some virality.
So if you haven't yet, please click this link. Go to the article, read it and share it far and wide!
https://cointelegraph.com/news/new-application-merges-defi-20-protocols-with-yield-optimization-on-polygon
Ushering in an Era of Sustainability
"Similarly, as DeFi 1.0 brought about earning opportunities and liquidity concerns with users switching between platforms to pursue better rewards, 2.0 protocols are looking to build stable value with more advanced concepts."
DeFi 2.0 is next turning point of the yield industry. We're seeing a wide range of platforms coming out which are aimed at sustainability and building better mechanical infrastructure to handle the future of DeFi.
We spent 7 months building POLYCUB. We researched so many platforms and came away with a very deep take on where the DeFi industry was heading.
xPOLYCUB is a mechanism ahead of its time. It's truly amazing to watch this thing play out better than we ever expected. Right now, you're seeing stupendously high yields (4,000%+ APY) for xPOLYCUB staking.
Right now, the displayed yield on the staking UI is only 800%. This covers the yield generated simply from the POLYCUB / block payouts.
This does not factor in the early harvesting penalties. Some LeoFinance community members have estimated the real yield to be around 4,000% APY when including the early harvesting rewards earned only by xPOLYCUB stakers.
"Helping to usher in this era is LeoFinance, a team that has been building and managing applications over the past three years. Their collection includes social apps like LeoFinance and LeoMobile (for iOS and Android), both of which exist as the backbone for the team's larger goals."
We talked with Cointelegraph and gave an interview for this article. It's important to us as a team to highlight our history.
We're not the jump-in-jump-out, faceless dev teams behind many other DeFi projects.
Instead, we're a community. We're a team and we've been building apps in the crypto industry for the past 3 years including highly complex apps like LeoFinance.io and LeoMobile.
Web3 is the future and for us, this encompasses more than just decentralized social media. It includes DeFi, NFTs, Metaverse and the whole shebang of what crypto is building on the next generation of the internet.
Value Accrual. Now and Forever
In this model, long-term earning sustainability is ensured through POLYCUB's underlying scarcity model. The app's token operates similarly to Bitcoin in that it is not a medium of exchange. Instead, POLYCUB has value directed toward it, ensuring that the necessary deflationary pressure is being applied in distribution. As a result, xPOLYCUB is ideal for those planning to hold their assets for the long term.
In practice, anyone staking POLYCUB as xPOLYCUB in a single staking pool will hold a forever deflating asset. xPOLYCUB's value against POLYCUB only gets larger with time (10.71 PC per xPC at press time). xPOLYCUB acts as a claim on early harvesting penalties generated by external capital (TVL) in Kingdoms vaults.
PolyCUB is designed to accrue value now and forever. It's an ecosystem we built with heavy mechanics that are all aimed at one purpose:
Design lasting sustainability and build a yield optimizing platform on the Polygon Blockchain that will last for the years to come.
Most people in DeFi think of the next 5 minutes, not the next 5 years. We're different.
Go Spread the Article!
This is just a sneak preview and some quick commentary on the article Cointelegraph just published. Please go out and spread this article far and wide! Amplify our community's reach in the crypto industry 🦁
https://cointelegraph.com/news/new-application-merges-defi-20-protocols-with-yield-optimization-on-polygon
There's over a dozen more PRs coming out this week with a new one published every few hours on a different outlet. Stay tuned! Cointelegraph also has a separate PR coming out about PolyCUB that dives into it from a different (deeper) angle!
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
LeoFinance | CubFinance | Hivestats | LeoDex | LeoFi
LeoMobile Open Beta is Now Live! Join The Fastest Growing Web3 Community:
Posted Using LeoFinance Beta
