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RE: Reasons to Farm pHBD/USDC instead of native HBD.

in LeoFinance4 years ago

Those are two completely separate things.
The 3.5 days applies to all money while the 90 days only applies to yield.

Say you had $12000 in the LP at 20%,
You farm it for a month, so you're owed 20% of $1000, which is $200...
You pull out the $12000 and buy the dip somewhere else.
Are you really gonna pull out the $100 early or just wait 60-90 days for the $200?

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Well yes, that is true to an extent and I agree that you can redeploy the funds fast. However, I think one of the biggest benefits is the compound interest part of an investment and in PolyCUB, you will have to wait 90 days for this to start. I think the savings account is 30 days.

Posted Using LeoFinance Beta

Yeah, you pointed that out yesterday during our discussion. 90days is quite steep. I think there should be an option. I am guessing the APR will be paid in polycub (i stand to be corrected). If that is the case I don't see the need for the 90days lock considering the printing rate of polycub has reduced.

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I think that is by design and it feeds into the xPolyCUB system.

Posted Using LeoFinance Beta