PolyCUB Collateralized Lending | Building Deep Utility for a Scarce DeFi Asset

in LeoFinance2 years ago

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PolyCUB Collateralized Lending is definitely one of the most exciting features we've built for PolyCUB over the past few months. After bonding is rolled out, we'll begin the rollout stages of collateralized lending.

This feature will work with a few core mechanics aligning to allow users to:

  1. Stake POLYCUB into xPOLYCUB
  2. Earn 30-50% APY on xPOLYCUB Staking
  3. Collateralize Their xPOLYCUB Stake (While Retaining the 30-50% Yield on it)
  4. Take an Overcollateralized Loan Against Their Stake from the Protocol Liquidity
  5. Pay Back the Loan + Small Interest % (which is more than well covered by the yield of xPOLYCUB, making it a self-paying loan)

We did not oversell PolyCUB in the past several months in calling it a game changer for the DeFi Yield Optimizer space.

We've built a low-supply asset (POLYCUB only has about 7,000,000 tokens when fully diluted) that has long-term yield features along with deep utility through lending, governance and variable earn rates.

 

 

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Finally one of the most awaited time is here

It is really awesome to witness such impact and progress polyCUB is offering when staking and investing with the benefits been attached to it especially the collaterized lending which is amazing as well.

Posted Using LeoFinance Beta

The concept of collateralized lending is an exciting one that could change things for the better over at PolyCub. Looking forward to see it rollout

Posted Using LeoFinance Beta

The Collateralized Lending is an awesome feature. Now you can borrow and pay interest which is easily covered by the yield of xpolycub. And just 7 million polycub, going get scarce !

Posted using LeoFinance Mobile

Pay Back the Loan + Small Interest % (which is more than well covered by the yield of xPOLYCUB, making it a self-paying loan)

Interesting feature with the lending. Great polycub will be enabling be part of this unique feature in the DeFi space

Posted Using LeoFinance Beta

To me it's like learning DeFi all over again but I'm loving it. This isn't a short term quick profits DeFi 1.0 project this has a lot built into it with more features that will most likely come after like with many other of your projects as things change.

Posted Using LeoFinance Beta

I like how Khal explained how collateralized lending will work, I'm just kicking myself in the foot for not waiting till now to buy PolyCubs. I'm glad these developments are coming in and marketing is still a priority. Not giving up is cool.

We did not oversell PolyCUB in the past several months in calling it a game changer for the DeFi Yield Optimizer space.

Indeed. Collateralized Lending in particular could shoot up polycub. The utility it creates is one to watch out for. DeFi 2.0 is here

Posted Using LeoFinance Beta

looking forward to take a loan on USD stable coin and pair it with HBD :)

Collateralized Lending on PolyCUB will bring some new dynamics to the ecosystem and should boost it up with new use cases. A great vision put together through so many mechanics that are simply building momentum for PolyCUB.

Posted Using LeoFinance Beta

Now this is what I have been waiting for, you have had more of my attention since the day this feature was announced

Leomobile app is still in beta?

Collateralized Lending is just a great add up on polycub and its going to bring more heads on polycub. I love the way Khal team is working to ad value on the ecosystem and making it amazing.

This is why PolyCUB is a next-gen defi because its going to offer what others are not able to. Lending is something that is not so common on Defi ad with I am sure more people are going to come here. High time to buy more polycub.

This 8s really great seeing such and the progressive impact when investing and the benefits attached

How do I buy PolyCub? I have been trying on SushiSwap but it always times out. I almost tried a 1inch swap but I figured I should ask before I do. Is PolyCub only being distributed through the airdrop right now? I've wanted to buy more PolyCub but can't figure out if its possible.

Posted Using LeoFinance Beta

Good to see another Interesting features coming on to the token

Posted using LeoFinance Mobile

I'm still really intrigued by that collateralized xpolycub, but I'll stay close to that to see what I can do with it !PIZZA

Posted Using LeoFinance Beta

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@ykretz.leo(1/5) tipped @khaleelkazi (x1)

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