In this clip from the LeoFinance AMA, we talk about how PolyCUB Harvesting works.
If you go to PolyCUB.com you will see locked and unlocked buttons on the UI. This will help you know exactly when your harvest is ready to be claimed. The buttons have different functionalities and each is important to understand:
- Harvest is when you harvest your rewards from various vaults on PolyCUB.com
- Once harvested, your rewards enter a 30 day timelock contract
- If you want to claim your rewards, you can instantly claim them for a 50% penalty
- Otherwise, wait 30 days from when you harvested and you can claim them with no penalty
- Claiming is when you claim a locked or unlocked harvest
If you claim your harvest everyday you're adding to the locked balance, then on the 30th day, the first tranche of what has been harvested into the locked vault will be unlocked. You'll be able to claim the unlocked with no penalty.
We talk about this and more in this clip from the Weekly AMA!
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▶️ 3Speak
Well teaching clip on harvesting on PolyCub, there is no island of knowledge. Keep expanding the ecosystem of POLYCUB's Protocol.
Posted Using LeoFinance Beta
Gotta keep bringing home the fundamentals!
Posted Using LeoFinance Beta
This clip was very educative to watch. I've not been harvesting my Polycub though for reasons such as laziness and not very large amount of Polycub earned from the vaults, but would be doing that in a bit. I probably already have a decent amount that can be harvested and claimed. Thanks for the update.
I definitely would recommend harvesting on a regular schedule! Even 1x per week
1x per week = 1 claim per week after the initial 30 days
I do it daily
And if yours is too low, then pool more ;)
Posted using LeoFinance Mobile
I'll harvest more often, weekly sounds really good.. It's also about time I stepped up my Polycub game. I should stake some pHive at time from now.
Are the Hive rewards earned from these post reinvested into LeoFinance or anything?
Posted Using LeoFinance Beta
I’m always buying LEO, POLYCUB and CUB. So technically, yes!
Posted using LeoFinance Mobile
I really appreciate every part of this and thanks for bringing everyone along in trying to show the steps of how the claiming is been done and harvested, it's definitely a good one
Posted Using LeoFinance Beta
Is it 90days already, I thought harvest is 90days after the launch/staking of polycub.
Posted Using LeoFinance Beta
Hi, I just wanna ask, I staked a small amount of Polycub more than a month now I guess, but I can't see any rewards there. Where can I see the rewards for xPolycub staking?thanks
Your xpCUB will not increase any amount.
But the pCUB/xpCUB ratio always goes up, so you get more pCUB instead.
Posted Using LeoFinance Beta
Thank you for this. It's funny how I initially thought that the harvesting without penalty is after the 30-day period, lol! Turns out I was very wrong.
Posted Using LeoFinance Beta
This is good to know, I wondered if as the 30 day claims came to pass if the Poly would just end up in my wallet!
Posted Using LeoFinance Beta
This was very helpful. I almost lost touch with how the harvesting goes. I need to wait for a few more days to harvest my PolyCUB into XPOLYCUB.
Posted Using LeoFinance Beta
Thanks
Posted Using LeoFinance Beta