FIRST EVER PolyCUB Monthly Report | August 2022 - 40k POLYCUB Bought Back, $11k Revenue and More!

in LeoFinance2 years ago

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PolyCUB was built in our mission to design, build and evolve a highly sustainable DeFi platform that pays sustainable, reliable and growing yield over long time frames.

Recently, we launched the PolyCUB DAO and vexPOLYCUB. PolyCUB DAO allows users to vote on key governance proposals and weekly yield governance.

vexPOLYCUB allows users to simply "click a button" and stake POLYCUB into vexPOLYCUB and earn 20% fixed interest on a yearly basis in addition to gaining 3x Governance Power in the PolyCUB DAO.

Monthly Report

This Monthly Report is the first-ever monthly report for PolyCUB. We'll be doing these for both POLYCUB and CUB on a monthly basis.

The reports for POLYCUB are focused around the DAO and POLYCUB buybacks for redistribution of the 20% fixed yield to vexPOLYCUB stakeholders.

This month, 40k POLYCUB was purchased from the market and sent to the vexPOLYCUB stakeholder contract. This was $4,129.80 in USD terms.

The total revenue that is generated by the protocol has grown astronomically thanks to the multi-token bridge.

We strongly encourage you to read the full report, it's pretty incredible. The best way to view it is in PDF format, so please click the link below and view it. If you'd rather scroll through it here on Hive, you can do that as well. Just keep in mind that this post is comprised of screenshots. We can't stress enough that it is best viewed in PDF format.


The best way to read the PolyCUB Monthly Report is via PDF format.

You can view, download and share the August PolyCUB Monthly Report here:

https://drive.google.com/file/d/1Xk2vXVkltmuZ1am-cbR95qDIcyy0j4uC/view?usp=sharing


Enjoy the report and get ready for massive growth. This is a new era of DeFi. One that is sustainable, reliable and growing. POLYCUB has such a limited supply and inflation rate.

It's truly incredible to think about what the future holds for a platform that is generating so much revenue on such little inflation.

The flippening has arrived... Officially!


PolyCUB Report

View in PDF format for the best experience. The following are screenshots from the PDF.

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Some items may be cuttoff from the image displays here on LeoFinance / Hive. Open the PDF to get the full view of the report.

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

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Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

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The rewards earned on this comment will go directly to the people( @johndieo ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

I am impressed by the fact that the report is in pdf form. Wow the professionalism of the Leofinance team. Took me 3 times reading it because of the pictures.

As for the report, it is great to see. This was a day we talked about since the introduction. The fact that the protocol is growing as well as buying what is needed to provide a 20% APR is built in buy demand.

Also, the second year we see the baseline, starting at roughly 1.20 ratio, build off that.

The key is to keep building and developing business use cases.

Great job.

Posted Using LeoFinance Beta

This us awesome and polycub is where I invested the most. It is good to see that polycub is working perfectly well towards It's goal and I still believe the future is bright for polycub

Posted Using LeoFinance Beta

This Monthly Report is the first-ever monthly report for PolyCUB. We'll be doing these for both POLYCUB and CUB on a monthly basis

This is really awesome and a work well-done seeing leofinance update new stuffs like this which is nice especially for polyCUB

Very decent work there. It's massive to see we're already on the way to sustainability. Great future lies ahead for the DeFi branches of Leofinance.

Posted Using LeoFinance Beta

Beautiful report! Someone made out really well with that massive pHBD withdraw during that few hour HBD depeg.

Posted Using LeoFinance Beta

Wow, this is very great development from leofinance bringing something awesome. Thanks for the reports. Good job done

Posted Using LeoFinance Beta

PolyCUB becomes a scarce asset that should confer sustainability to this DeFi ecosystem. If this would be coupled with the market turning around and entering a new bull phase, that should provide some hefty returns.

Posted Using LeoFinance Beta

This is going to be huge. Great report and I look forward to how it progresses in the coming momnths.

Posted Using LeoFinance Beta

incredible work being done here. thanks for making this report visually pleasing as well!

Posted Using LeoFinance Beta

Amazing report! Great to see transparency and data being released with all relevant details. Only 16 days left until the next one 😁

Posted Using LeoFinance Beta

I love these reports.

It's great to have so much transparency in any project but almost unheard of in crypto and defi.

Love seeing the level of information and detail.

Posted Using LeoFinance Beta

Really, really well done! This report has everything it should to let the community know exactly what is happening underneath the hood of the #PolyCub project. Instead of all the wen/soon questions, this basically spells out the answers to most questions people have. Keep them coming. The future continues to look very bright for #PolyCub and the #LeoFinance ecosystem as a whole.

Posted Using LeoFinance Beta

Great report, beautiful to see it in pdf format. Truly awesome work all 😊🤓🦁 well done!

Posted Using LeoFinance Beta

Onya team.

Keep up the great work!!

Posted Using LeoFinance Beta

This is absolutely awesome! Just looking at the report, it says a lot. Time and effort had been spent on it and talk about transparency, it's also there. Kudos to the LF team and everything you do.

PolyCUB moving towards what it was envisioned to be - becoming a sustainable and reliable DeFi platform.

Posted Using LeoFinance Beta

Nicely done report. But where I can find Polycub dropped to me for my VexPolycub stake?

Posted Using LeoFinance Beta

It's nice to see things taking a more professional shape. Keep up the good work! 🖖🏼😎🤙🏼

Posted Using LeoFinance Beta

Here's to hoping investing in this polycub platform will be successful! I am personlly vested. Gooooo All things Hive, including Polycub!! :)

Posted Using LeoFinance Beta

Good to see how well, this coin is doing too , nice update and information on how well it is

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Excellent report - will be Threading about this later on, but, altogether, very easy-to-read, very straightforward and transparent - I like it. Will be posting on Gab, Discord, and Twitter my more-in-depth commentary

Posted Using LeoFinance Beta

Why isn't the @leo.voter not paying out anymore. It's been a few days and nothing...

Posted Using LeoFinance Beta

Is there a second month's report? Or have I missed it

Lol no reply.

Polycub to the world right now, seeing this development as really proven that it is gradually moving towards a sustainable stage right now