PolyCub - a profitability optimizer at Polygon

PolyCub - a profitability optimizer at Polygon

user avatar

by Dapp.Expert

4 years ago


PolyCUB — a yield optimizer platform that provides DeFi users with a safe and easy way to learn about yield and make money on the Polygon network. The platform was created by the LeoFinance project, which has created about a dozen applications in the crypto space over the past 3 years and continues to create blockchain-based applications such as leofinance.io, cubdefi.com, polycub.com and many more.

Contents:

PolyCub - dapp.expert 

About the PolyCub project

This is no ordinary farming platform. The developers created a fork of the xSUSHI contract and added it to the platform mechanics. In addition to the revenue, generated by the underlying platforms (e.g. Quickswap, Sushiswap, etc.), Poly CUB Kingdoms also pay out revenue in the form of POLY CUB tokens. Farmers generate income from auto compounding on platforms such as Quickswap and Sushiswap. They are automatically added to their deposited balance and can be withdrawn at any time. Apart from this standard harvest, farmers also earn POLY CUB tokens.

Other features:

1 When a farmer earns POLY CUB from staking LP tokens, they are locked for 90 days. 2 Farmers can claim their POLY CUB crop at any time, but if they claim it before the 90 day unlock period, 50% of their crop will come back to the xPOLYCUB contract.

A farmer who claims his harvest early (before the 90-day unlock period) receives 50% of his earnings. The remaining 50% comes back to the xPOLYCUB staking contract and can be claimed by users who stake POLYCUB in xPOLYCUB. PolyCUB vaults automate the process of generating income from the underlying platform (e.g. QuickSwap/Sushiswap) and combine it with each user's underlying deposit position. This greatly reduces gas costs, saves time from manual connections and maximizes the potential profit you can earn.

More about defi app

Users who earn POLYCUB (especially those who hold CUB for the POLYCUB Airdrop) have a huge advantage, who wager POLYCUB in xPOLYCUB. The reason for this is primarily due to penalties for early harvesting. Especially on the initial launch of PolyCUB, there is a lot of capital flowing into the Kingdoms vaults. Some of this capital comes from the core Cub/LeoFinance Web3 community. Much of this capital is also external to this core community, coming from a variety of places in the Polygon ecosystem.

With all the PR the LeoFinance community is doing for the Poly CUB launch, there is a massive influx of TVL outside of the kingdoms. Most of this capital may decide to collect their POLY CUB ahead of schedule.PolyCub

Anyone can get their earned POLY CUB from the harvest at any time. If they choose to claim it before the X Block Staking Period unlocks the claim, they will pay a 50% harvest penalty (50% of their POLYCUBs they unlock will go to the xPOLYCUB pool).

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Getty Images Stock Trading Suspended by NYSE

The New York Stock Exchange has suspended trading of Getty Images stock as of September 29, 2023, due to the company's ongoing financial issues and significant debt.

user avatarJacob Williams

Getty Images Faces Bankruptcy Risks Amid Rescue Financing Talks

Getty Images is in confidential discussions with lenders for a rescue financing deal, which may lead to bankruptcy and a lender takeover.

user avatarZainab Kamara

Tavus Launches Griffin, a Revolutionary AI for Human Interaction

Tavus introduces Griffin, an AI model that convincingly simulates human conversation during live video calls.

user avatarAyman Ben Youssef

Griffin Outshines Previous AI Models in Live Conversation Tests

Griffin outperforms its predecessor GriffinLite and other AI models in live conversation tests.

user avatarSon Min-ho

Dolphin Token Listed on Upbit with Three Trading Pairs

Dolphin (POD) has been officially listed on Upbit, one of South Korea's leading cryptocurrency exchanges, with three trading pairs: KRW, BTC, and USDT.

user avatarNguyen Van Long

Optimism Releases Opnode Update to Enhance Sequencer Performance

Optimism has launched a new opnode update aimed at improving the performance of sequencers and preventing configuration errors from causing upgrade issues.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.