Wow. Khal and his team sure have been busy working hard to deliver innovative and profitable DeFi solutions for the benefit of the Leo Finance Community and beyond. Just when you think you saw it all with the introduction of staking for PolyCUB, they unveil vexPolyCUB that goes far beyond the mere staking of PolyCUB into xPolyCUB.
And it should be stressed that this innovation plays right into the mission statement of PolyCUB - "Generate Safe, Reliable and Growing Yield Alongside One of the Longest Standing Crypto Communities In the Space" [PolyCUB. Introduction. (Accessed July 25, 2022)]. The "goal with POLYCUB is to build something different. We're building a long-term yield platform that is focused on safe, reliable and growing cash flow for our Web3 Ecosystem and the users on it" [Id].
So how does vexPolyCUB fit into this mold? To answer this you need to understand just exactly what vexPolyCUB is. Well... first you stake your PolyCUB into xPolyCUB which earns you a variable return. Then, the magic...you stake your xPolyCUB for a two year period wherein you earn an additional 20% fixed APY on top of the variable returns earned from the xPolyCUB. At the time of the writing of this article (July 25, 2022 @ 18:25 ET) the return on vexPolyCUB is 89.60%. Not bad, not bad at all. Plus, as an additional benefit, by holding vexPolyCUB, the investor receives three times the voting governance power over that of xPolyCUB.
Now let's just see how this yield is sustainable over the initial two year period of yield generation. To accomplish this task simply follow the following diagram that gives you all the information necessary to demonstrate sustainability.
So, in short summary so far, for staking your xPolyCUB for two years you receive both of its core features:
- 20% fixed annual yield;
- 3x amplifier on governance power.
Finally, let's address the elephant in the room - the two year lock up required to obtain vexPolyCUB.
For those of us who have been around Leo Finance for some time, we are intimately familiar with the continuing successes of Khal and his team, and for years now he has earned our trust and will continue to do so. The term 'Diamond Paws' apply to us who do not blink an eye in our support of a Leo Finance backed project.
So while it is true that vexPolyCUB is essentially an offering for 'Diamond Paws', we as the true believers in Leo Finance should be recruiting new members to our 'Diamond Paw' congregation. How do we do this you might ask. Well, first invite the world to do their own research into the past successes as well as security of each of the Leo Finance projects. Stress the high degree of success as well as proven track record of trust and security. And secondly, by inviting, it is meant to mean by word of mouth to your immediate friends and family, by cross-posting articles such as this to get the word out there, and for the more creative, produce artwork or videos extolling the benefits of the PolyCUB platform offerings.
This article will be cross-posted to both Publish0x as well as Medium. Please, as much as possible, get the word out concerning vexPolyCUB - let's do our part to insure the long term success of this project.
Posted Using LeoFinance Beta
Thanks for sharing
Posted Using LeoFinance Beta