RE: PolyCub Bonding is coming, and it is a new way to earn a return in your investment in defi.

[jfang003]

I think you buy liquidity and turn that in for bonds right? So I am guessing the bonds would return you the PolyCUB equivalent plus interest. So where does the PolyCUB come from and will this affect emission rates for the pool? I guess the best thing about it is that the LP should be locked into the pool forever though.

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Comments

[shortsegments]

You ask: I think you buy liquidity and turn that in for bonds right?

Yes, you use the Liquidity Provider Tokens you get in return for the assets you deposit in specific trading pairs to buy discounted PolyCub.

You wrote: So where does the PolyCuB come from and will this affect emission rates for the pool?

The Project Owned Liquidity will generate rewards in the form of PolyCub. But this will not change current PolyCub emission rates.

You wrote: I guess the best thing about it is that the LP should be locked into the pool forever though.

Yes, the liquidity provider tokens are deposited into the Farm permanently. The Project Owned Liquidity will generate rewards continuously, so the ability of the project to harvest PolyCub and use it to pay off bonds is continuous. This is a continuous loop, POL generates PolyCub, PolyCub is used to buy more Liquidity Provider Tokens, and these are also deposited in the FArms to generate more PolyCub.

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[cryptowendyo]

I think you buy liquidity and turn that in for bonds right?

Exactly.

So I am guessing the bonds would return you the PolyCUB equivalent plus interest.

Exactly

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[nonsowrites]

Still waiting for an answer. Can you throw more light on this @edicted (if you can)

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