PolyCUB (new King of the DeFi Jungle) is built to last - My Grabs from RICE TVx Interview

It's been long I did this but every part of the 31 minute video interview on LeoFinance's Khal Kazi by RICE TVx was interesting, engaging and inspiring. From Khal's personal background on crypto engagement to the advent of StemmLeo, LeoFinance, CubFinance and now PolyCUB is something educating and can change a naïve perspective that many have towards cryptocurrency and DeFi. You just have to take a bite of your view and as well engage the tweet for a wider reach.

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Khal's composure through the interview and the ease which the interviewer had with questioning on the project shows the simplicity of the CUB project, the LEO ecosystem and how easy it can take one to start building stakes to a wealthy future with POLYCUB's perspective of representing DeFi. Below are my few take-away from the video. I'll be glad to learn from your views too.

4:32 minute: I ended up quitting my job, reading and creating content about Crypto...

Khals, crypto journey started with Bitcoin, mine started with STEEME and others may just start with LEO, CUB, POLYCUB and perhaps other creations that are sure coming in the future. It's amazing how crypto is redefining work. While many see crypto as only a currency, @taskmaster4450 has explained in this post the abundance locked in crypto and what it truly represents on the large scale.

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Khal's also one of those persons who had to leave a regular work to first learn about crypto, share his thoughts too and today is building something sustainable that's not only employing millions of people around the globe, but also has the potential of leading one to financial freedom. I want to encourage every content creator out there to keep pushing with or without expected rewards. Consistency over time could birth something really big. Thanks for Hive that affords us multiple layers of earnings on a single post and thus, giving more value to the time, effort and data put into research for blogging.

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11:25 minute: DeFi 2.0 is a more sustainable DeFi...

I'm getting to understand better the POLYCUB project and how it claims a pioneer in Yield Optimization in the DeFi world. In this post, it has been detailed that PolyCUB Kingdoms, PolyCUB Bonding and Protocol Owned Liquidity, xPOLYCUB Staking and PolyCUB Token Emissions (designed to go deflationary) are the four valid features of POLYCUB that makes the project more sustainable in the DeFi world.

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The PolyCUB Kingdoms are cross-platform yield farming vault mechanism that that helps LP to earn 2 forms of yield (1) Base APY from the native LP platform (i.e. Sushi or Curve rewards) and (2) POLYCUB APY.

Kingdoms autocompound #1 (Base APY) into the base asset pair that a user LP'd. For instance, a user who deposited WETH-WBTC earns their standard Base APY which is autocompounded into their WETH-WBTC holdings. On top of that, they are paid out with harvestable POLYCUB rewards as well. This is how the 769.50% APY is achieved. source

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12:57 minutes: The idea is to go to more blockchains, access more communities and increase the userbase...

Numbers are very crucial when it comes to crypto and its adoption. While we're still at the early stage, Hive communities have proven to scale and reach out to more prospective users. @Splinterlands is modelling as a play-to-earn games with top players and transaction and here is @leoFinance stretching to link more blockchain and in effect growing its userbase.

Our goal? Build a sustainable base on the Polygon blockchain for our community. Our ultimate ambition with the LeoFinance Web3 Ecosystem is to expand the width and depth of our community. Width means getting new users and depth means achieving more and more levels of opportunity to enrich our users and create abundance for our community.

Already, the leocfinance community presently has over 10 sources of earnings linked to the LEO project. We're still counting and heading towards 20 and then 30, ... 100 and much more.

With PolyCUB, we managed to achieve both of these: creating width by releasing a new app on the Polygon network with radically improved tokenomics and mechanics over other DeFi yield optimizers. Creating depth by releasing the app to our community, keeping them in the loop with our developments and also opening their eyes to a whole new set of opportunities when they bridge to the Polygon blockchain.

I am anticipating a Polygon community on the Hive blockchain and being able to strengthen such collaborations can only lead towards a sustainable future for the assets concerned. The more we are creating cross-chain bridges, the more we're helping more persons out there access financial freedom.

14:45 minutes: I can see the longevity in what you guys are creating, passion for crypto and the community...

Hearing the above from the RICE TVx presenter means so much to PolyCUB and the entire LeoFinance community at large. It behoves that many out there in the cryptoverse are in want of a sustainable option and here is what PolyCUB represents.

19:55 minutes: Leobridge is very beautiful - swapping assets across blockchains...

This cross-chain possibility on Hive was first attempted by the LeoFinance community and its proven working and today, there are many cross-chain bridges built on Hive. Very unique is the Leobridge without third-parties and instant in delivery.

28:20 minutes: Forever number going up... that ratio will always go up...

xPOLYCUB staking mechanism is alleged to be the core of PolyCUB. The possibility of earning POLYCUB in the form of inflationary rewards as well as from Early Harvesting Penalties is an amazing creation. This leads to a forever going up POLYCUB / xPOLYCUB ratio. The ratio of POLYCUB / xPOLYCUB is how stakers in this vault earn rewards.

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Final Thoughts

The self-sustaining ability of PolyCUB proves its uniqueness and superiority in the DeFi-verse. Built for the Polygon Network, PolyCUB is a step higher (DeFi 2.0) believed to carry the capacity to change the way that yield optimizers on various blockchains is viewed. With the enormous research and simulations made, I opine that the PolyCUB project is built to last.

Join Hive Here and start a new work!

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What is Hive?

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source

What is Hive-Engine?

Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.

About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
Let's connect on Twitter

Posted Using LeoFinance Beta

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2 comments

Thank you for the heads up, I'll check out the interview right now.

I'm new to all this and I'll have to ask if they're videos on youtube or even here on Hive explaining or helping a newbie like me understand how POLYCUB, CUB AND LEO, really works, because for real, I want to be able to understand more about this community projects are being carried.

Thank you for this post ❤️

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