⚡Crypto Alert : Altcoins are up 28% in just last month! Unlock gains and start trading now - Click Here

PolyCUB Platform Unites DeFi 2.0 with Yield Optimization on Polygon Network

PolyCUB Platform Unites DeFi 2.0 with Yield Optimization on Polygon Network

Posted Thursday, March 17, 2022 by
Sophia Cruz • 1 min read

A new unifying platform has been launched by LeoFinance, and it aims to improve tokenomics and mechanics over existing DeFi yield optimizers — essentially opening up opportunities within the space. This app, which goes by the name of PolyCUB, is being touted as the first decentralized yield-optimization platform in the world.

The goal of creating PolyCub is to build a sustainable base for its community on the Polygon blockchain, so that it can expand its width by getting new users and its depth by achieving more levels of opportunity, in order to enrich its users and create abundance for its Web3 ecosystem community.

To achieve PolyCUB sustainability, PolyCUB Kingdoms are a vaulting mechanism inspired by other yield optimizers, like autofarm. PolyCUB is also the first and only yield optimizer that pays out a percentage of the user’s holdings. This could provide added incentive for people who already share their assets with kingdom platforms (such as Sushiswap or Curve) to do so and receive some extra income.

PolyCUB will be an ecosystem that rewards participants for being active. Since the reward for staking into xPOLYCUB is instant and does not require any manual effort on the part of the user, this creates an environment where staking is reliable and a good experience for users. The $PolyCUB token is the native utility token that powers the platform, and it has shown bullish movement in the market lately. 

Ultimately, we see Polygon’s strength in its simplicity. It is well-conceived, with a clear purpose and vision to become a core network that provides a reliable backbone for other platforms to build on top of. Finally, the PolyCUB platform bridges the gap between DEXs and yield optimizers, and it does so at practically no cost to its users.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments