Interesting mechanism with the v2 vaults. Tying up every added token to PolyCub would generate enough liquidity. I think it's quite similar with was done on the thorchain. Looking to see how it all helps PolyCub regain more value again.
pHIVE is coming VerySoon, get your liquid HIVE ready in the next 48 hours!
Awesome. Right about time to get me some hive
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It's ideal to tie with polycub, it doesn't just increase liquidity, it takes off polycubs that would have potentially be sold to stake for yields
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Yeah, Exactly. Drives in more value to PolyCub. Very great move from the team.
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You and Jersteemit are exactly right. Any yield that was earned previously and sold off to compound back into a kingdoms position will now be compounded into POLYCUB pairs.
This means that in a straight equation world, 50% of the PolyCub that was sold to compound positions previously will now no longer be sold (since pools are 50/50 PolyCub).
And this also means that if users compound like this, they are selling but also providing liquidity simultaneously. Liquidity builds over time and the platform gains more revenue fees through the 5 methods mentioned in this post.
It’s amazing to think about
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There is immediate buy pressure since we the liquidity pools will have to be filled with an equal amount of POLYCUB.
Get a few million in each of them and we will see how the price of POLYCUB has to escalate.
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Yeah I have a feeling this is going to work out extremely well for Polycub as each vault generates massive revenue used to buy PolyCub each week + each new vault adds liquidity for PolyCUB to make the token more easily traceable.
Permanent liquidity is also built through the synthetic model we’re building. We’ll talk about that in the future of the sooniverse!
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