How to Convert Hive into pHive and earn High APR
Hello lovely people of HIVE community. Hopefully you will be enjoying your life with good health and spirit. Friends, finally much awaited pHive farming has been launched. pHive pairs with Polycub and currently it is offering 68% APR.
If you are interested to invest in this farm all you need to convert Hive in to Polycub HIVE. It is simple to convert Hive into pHive. All you need to follow simple steps.
Longin to
https://wleo.io/hive
- Enter Polygon address where you want to receive pHive shown in black
- Enter the amount you want to convert shown in red color.
source
Transfer it by using Hive keychain or Hivesigner
You can check polygon wallet.
Transaction will cast you 0.25 Hive.
Ensure you have enough liquid Hive in yor account.
To join pHive Polycub farm and find contract address please use below link.
https://docs.polycub.com/resources/polygon-contracts
You can transfer them back in to native Hive by clicking "OR TRANSFER THEM BACK" shown in blue in second image.
Enter Hive username and the amount you want to send back and transfer the transaction through Hive Keychain or Hivesigner.
I hope you don't need to convert pHive into Hive as long as the APR ratio remains high. Currently APR is almost 9 times greater in pHive-Polycub farm. What is your opinion my friends?
I hope you will like my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
Posted Using LeoFinance Beta
Post educativo de esos que son útiles y necesarios. De esos que me gusta leer.
8% only? Did you miss a zero? And currently it is 62%.
To bridge to pHIVE is the easy part. To then pair (on Sushi) and add the pool tokens takes some more steps.
Thanks for pointing out. There is problem in my keyboard, so i missed the "6" number. stay blessed
You too! By the way, for me it looks as if the APR now jumped to 125%.
This is quite unexpected! Any idea?
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Nice that is simple, I was busy with a family emergency when all of this launched.
Posted Using LeoFinance Beta
Hope your family emergency matter will be settled down.
Thanks for the heads up and information. They sure come in handy , and at 0.25 hive transaction fee what else can one ask for .
Thank you for this guide, it will be very helpful to first-time users of the bridge :)
Posted Using LeoFinance Beta
So easy to follow, and I'm just finding out that I can earn more with phive, interesting!
Thanks for this guide post @zartisht
That's a nice and detailed explanation for newbies.
Posted Using LeoFinance Beta
Let's see if I understand: I transfer HIVE to pHIVE, then I make a profit because the price of pHIVE is rising ¿Not?
Converting from native Hive token to pHive is not a complete process to earn profit. Infact it is the basic step to make profit. Polycub is offering Farming of pHive-polycub coin which is offering APR of 125%.
Oh, now I understand better. Thank you 😁
A nice tuition. Now I can send Hive into pHive !
Posted using LeoFinance Mobile
Since I'm quite new to hive I always appriciate these kind of instructions. Simple and clear, thanks for this!
Posted Using LeoFinance Beta
how do i get my polygon address
It's your Polygon wallet address, if you have Metamask for example and Polygon network added to it.
Posted Using LeoFinance Beta
you have to make it yourself. If you don't know you may check this tutorial. It may help you to make polygon address.
https://academy.binance.com/en/articles/how-to-add-polygon-to-metamask
thanks so much
Thanks for sharing, I've been looking for a way to farm PolyCub, with this idea I can hold phive
THANKS for sharing this. It was informative
!LUV
This is really nice to attract more individuals to be part of this
It seems to be interesting to get 60%