New features are rushing in the PolyCUB platform and bonding is yet another way to invest in this Polygon solution. I must say that I am not too friendly with this concept and if possible please let us know the risk associated with it. Can one lose the bonded assets, suffer any Impermanent Loss or something alike?
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I think the answer is NO. At the time you bond your SLP, this SLP be added to PolyCUB's Protocol Owned Liquidity where it is utilized to autonomously stake, earn rewards and use those rewards.
At the same time, an amount of POLYCUB is locked and vest in 7 days for you.
It's similar like you use SLP to buy POLYCUB. So you don't own any SLP anymore then there is no Impermanent Loss as well.
The risk here is the POLYCUB price goes down in 7 days. So the received POLYCUB value is lower than SLP initial value
With the above example, SLP value is $300, you bond it and will get $300 (1+ ROI 6.3%) = $318.9 in POLYCUB ~ 470 POLYCUB because POLYCUB price at the bonding time is $0.678
You can withdraw 14.7% of 470 ~ 69 POLYCUB everyday or 470 POLYCUB after 7 days.
After 7 days, if the POLYCUB price goes down to $0.5, then you only receive 470 * $0.4 = $235 which is lower than you initial investment $300
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