Yea but I do think the fees should be put to use. However, there still needs to be enough liquid Hive in case people need to leave and the power-down time might be a bit too high to keep it all powered up. So only the fee portion can be powered up.
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Judging from this right here, it looks like right about 43% of the deposited HBD is kept liquid. It's not so realistic to have 43% of liquidity removed at once, currently, there's no logical reason to believe that can happen. So maybe, in terms of hive, the same can be replicated? The numbers can be relatively higher considering that hive is more liquid and there's well enough of the tokens for reserve.
It really boils down to the LP incentives, I mean, greed runs the crypto markets, just allocated high yields to the most liquid pool and watch that pool remain large.
The higher the yeilds, the larger the deposits and you guessed; the most income the network gets! This may actually benefits the POL.
Most defi projects don't get this, and that's why they mostly allocated lower yields to maybe the bitcoin pairs and maybe USDT pairs, that's literally where the money is, just keep the yields high and watch that TLV shoot up.
The difference between HP and HBD in savings is the difference between 13 weeks and 3 days. It's not the same and you can't really put that HIVE to work because 13 weeks is way too long.
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The difference doesn't really matter when you have the right size of liquidity flowing in. The yields controls what happens entirely. It would currently be crazy to have cubs sitting around right? Why exactly? Because there's literally a way to earn about 40% more.
So that makes it hard to want it floating. No doubt people will occasionally want their money back, but I believe the reserve cannot really run out if liquidity, that alone would break the peg if am not mistaken.
The fees can be earned but the liquid portion required for the bridge can't really be put to work. So that means that PolyCUB will be subsidizing most of the APR and it will take away from the other pools. There is only a certain amount of PolyCUB per block and it can get diluted quite fast if there are too many pools.
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True, this is where polycub governance comes in, every pool cannot be rich, so if your have a favourite, get more polycubs deposited into the xpolycub vault to gain more governance power, so as to vote your favourite pool to get more yeilds allocated, with this, Polycub price is sure to do well and so will the entire platform.
With money comes competition, and that requires power to win.
You lock up your non-liquid portion. He is right. The amount of time is not relevant if it is like that.
An option is to feed it into the pHIVE LP and give the Treasury larger share.
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If it's just the fees then yes. However the liquid portion of Hive needed for the bridge can't really be locked up.
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