Provide Liquidity Week - $500 USD in Prizes!

in LeoFinance6 months ago (edited)

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The Polycub Ecosystem Farms are already a success, but they are still far from providing an optimal liquidity level to the HBD, HIVE and SPS markets. This is how the Farms look right now:

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But, this is how we want the Farms to look like by May 31st, and we have a juicy prize for those who jump in and help us reach this goal:

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Now, before you say (or even think) that DeFi and Liquidity Pools are too complicated for you, keep reading!

We have you covered on the complicated side of things, we've created a smooth step-by-step tutorial showing you how to navigate the Polycub Ecosystem and provide Liquidity in one these three Farms.

But before you learn how to provide liquidity to the farms and earn insane APRs (Annual percentage rate) in the process, let us tell you a bit more about this Contest.

Provide Liquidity Week (#PLW)

This Contest is not only for the whales who can provide massive liquidity, because the winners will not be picked based on the total amount of USD staked into any of the three farms mentioned above, instead we will use a raffle system where users will get an amount of tickets depending on how much USD they stake in these 3 farms. Of course, if a user provides more liquidity, their chances to win are higher, but that doesn't guarantee they'll win a share of the $500 USD prize...

For each $25USD in value that any user stakes in one of the three Polycub Farms mentioned above, they will get one (1) raffle ticket to participate to win one of five $100 USD prizes.

You read that correctly, there will be five winners, and each one will get $100 USD...

...and in order to increase their chances of winning, anyone can stake in the farms as much as they want to.

James provides 25 dollars worth of pHBD-USDC so he gets 1 raffle ticket; Maria provides 75 dollars worth of pHIVE-POLYCUB so she gets 3 raffle tickets; Hans provides 150 dollars worth of pSPS-POLYCUB so he gets 6 raffle tokens. Even though Hans provided way more liquidity than the other two, he doesn't automatically win the prize, he just gets a higher chance of winning. Hans has a 60% chance of winning while James only has a 10% chance of winning, but in a provably fair raffle, anything can happen.

This means that even minnows can provide a small amount of liquidity to any farm and will still have a chance of winning!

The Contest

  1. You have to provide Liquidity to one of the three liquidity pools mentioned above (pHBD-USDC, pHIVE-pCub, pSPS-pCub). To keep the raffle ticket allocation simple, the amount of liquidity provided will be rounded down (for example, if a user provides $64 dollars worth of any pair, they will receive 2 raffle tickets).
  2. The deadline to provide liquidity is may 31st, 23:59 PST.
  3. The liquidity you provide must stay in the farm at least until June 7, 23:59 PST - this is only for you to actually get a taste of the insanely good APRs, which are measures the return of your investment. After that, if you are crazy and don't want to keep earning insane yield, you can unstake your LP tokens.
  4. You have to provide proof of your Farm staking in the comment section: The wallet address that you used to provide Liquidity is enough, we'll deal with the rest.

Some Rules

  1. In order to get 1 raffle ticket per $25 invested, the liquidity provided has to be new liquidity *
  2. We don't want to neglect those who jumped in early into polycub so, existing Liquidity will get 1 raffle ticket per $50 dollars worth of liquidity already provided, all you have to do is drop a comment with your wallet address. If you are already providing liquidity and you decide to provide even more, you will get 1 ticket per $50 of existing liquidity and 1 ticket per additional $25 that you stake between right now and May 31st, 23:59. If you decide to not drop your address, we will assume that you want to stay anonymous or want to give way to newbies, and therefore you forfeit your raffle tickets.
  3. Reblog this post. This rule kind of sucks, we know that, but the more people see this post, the more we can all grow the liquidity pools and well, we all win in the process, so toss a reblog to this post!
  4. The amount of Liquidity provided will be accounted at the time of the transaction. This means that if you provide 50 USD worth of liquidity to one of the farms, and then the price of any (or both) tokens changes, this won't affect you, you will still get two raffle tickets.

*This challenge is meant to encourage users to provide liquidity for the first time, and to give users who are already staked a juicier reason to move other tokens into the Polycub ecosystem and provide even more liquidity to the pools. If you are already providing liquidity, then you already know about the insane APRs and you understand why we will only allocate 1 raffle ticket per $25 to new liquidity (you know the blockchain doesn't lie and there's a way to track this), we hope that you understand that new liquidity is good for the ecosystem, and we trust you not to try and trick the raffle :)

Extra!

You can make a post about your experience using Polycub Farms for the first time, how was your staking process, how much you staked, why you picked that farm, and overall DeFi odyssey if you want! If you do so, use the tag #liquidityweek and #PLW so our curators can find your post and give it a boost. Make sure to tag your friends in the post so even more people find out about about this contest!

If you Tweet about the contest, you will get an extra raffle ticket, just make sure to use the tags #polycub #hive #posh and #defi. Make sure to mention the contest dynamic and the huge prize! Include the link to your tweet in your comment below.

Additional Boost!

If the three Liquidity Pool goals are achieved by May 31st, we will throw in an extra $100 dollars for a random extra winner. This means we will have a six winners total, where each of them will get $100 USD in Polycub.

The winner will be chosen using a provably fair, on chain random picker and the process will be uploaded via 3speak.
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Now that you are set and ready to join the DeFi world through Polycub Farms, check out the...

Full Video Guide to Provide Liquidity to a Polycub Farm

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All the liquid rewards of this post will be transferred to the HBD stabilizer.

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Huuuuuuuuuuuuuuuu! Really a great unveiling. "Provide Liquidity Week" has come to stay with PolyCUB farms. I hope to see many newbies jump into this exciting offer.
Hey @starstrings01. Your students should dive in here.
@Tomlee, @Zellypearl @Inibless @Johnuko - this would be a worthy adventure.

My entry for the PLW Challenge:

  • Address: 0x66A07D6B65F90bb5CcE93E1b6d7dfEE6f6E01BC2

  • Tweet:

Posted Using LeoFinance Beta

Thank you very much Sir for the information

Definitely, it's a great chance to start the DeFi journey, if you need any guidance we are all here for you @tomlee, @zellypearl, @inibless, @johnuko

Thank you sir I really need guide

I'm hoping to see your entry sooner.

Posted Using LeoFinance Beta

  • Address: 0x66A07D6B65F90bb5CcE93E1b6d7dfEE6f6E01BC2

  • Tweet:

Posted Using LeoFinance Beta

I am not keen to supply my address here, to be “immutably enshrined” in the Hive blockchain. I would recommend you come up with alternatives.

I am sure you know this and just want to be cautious, but your address is already "immutably enshrined" if you have ever moved a hive-engine token to BSC/polygon/ETH through a bridge.

When you send a token through the bridge your address is recorded in the HIVE blockchain :-)

Anyone can go and discover it with enough determination. And there are those with determination :-)

Posted Using LeoFinance Beta

Quite an apt response.

Posted Using LeoFinance Beta

Yes, your are correct. I do. If one chooses, as well as has the skills, to dig in to the details of what is stored on our Hive blockchain ...

I do not, however, consider this the same as publishing a post openly asking for addresses to be provided in comments on it.

But ...

Likely a moot point ...

Posted Using LeoFinance Beta

I understand and agree with your reticence. Just wanted to make sure you were under no false impressions (though I was pretty sure you weren't :-) )

No sense going looking for trouble when it can pretty much find you well enough all by itself ;-)

Posted Using LeoFinance Beta

"No sense going looking for trouble when it can pretty much find you well enough all by itself ;-)"

No question. 😏😉

Posted Using LeoFinance Beta

Haha. That's a valid concern. We need an identity solution on Hive/BSC like Polygon Identity. When it goes live, you will be able to verify your existence without giving up your password, address, wallet address, or any personal info that you want to hide. 😝 Based on ZK-proof technology.

Posted Using LeoFinance Beta

Undoubtedly a need exists, i.e. "demand." As the "marketplace" steps in to provide this need, it will be very interesting to see where we end up, i.e. "supply."

Posted Using LeoFinance Beta

However, you can as well crest a new polygon wallet strictly for PolyCUB. It would save you the stress especially as yo keep your wallet containing other assets anonymous.

Posted Using LeoFinance Beta

As some users already mentioned, if you want to keep your anon state, there's always the option of having a side wallet! In fact many users do. I wish we had a different option but we don't, if you have a suggestion for the next contest that can fix this, please let us know!

It's time to PUMP those POOLS!

Posted Using LeoFinance Beta

Here leaving my first contribution on Twitter:

Posted Using LeoFinance Beta

Fantastic this is great! Since yesterday I've been trying to enter the farms and I've had problems with the pLEO and pSPS bridges, besides I don't know how to get POLYCUB. I am even documenting my experience for a post and I have not been able to finish due to these delays. I'm still waiting for a response from Tech Support on @leofinance's Discord, but I'm optimistic, that everything happens for a reason and it's always for the best. And the contest suits me like a glove. What's more, I'm going to my Twitter to tell everyone. I'm sure I'll get a ticket.

Fantastico esto es genial! Estoy desde ayer tratando de entrar a las granjas y he tenido problemas con los puentes de pLEO y pSPS, ademas de que no se como conseguir POLYCUB. Incluso, estoy documentando mi experiencia para un post y no he podido terminar por estos retrasos. Aun espero por la respuesta de Soporte Técnico en el Discord de @leofinance, pero soy optimista, todo sucede por alguna razon y siempre es para mejor. Y el concurso me viene como anillo al dedo. Es mas, ya me voy a mi Twitter a contarles a todos. Seguro que algun ticket obtendré.

Posted Using LeoFinance Beta

Que bien! Has podido terminar tu proceso? Necesitas ayuda en algo mas? Si no han contestado tu support ticket avisanos y buscaremos darle prisa, gracias!

Hi thanks. I have learned a lot, what is missing is more money hahaha!! They solved everything perfectly, good job. Yesterday I used the bridge and it worked very well, I immediately received my wrapped tokens. I'm still excited. Greetings.

Liquidity wars begin. :')

Posted Using LeoFinance Beta

Imagine having 5M locked at this price, moon would be inevitable soon

Sign me up, I'm keen to be in the draw.

Tweeted:

and my addy: 0xb1d85F987BfAAfA444111f016651fe45836b7465

Good luck everyone.

Posted Using LeoFinance Beta

Look at that, Liquidity provided and Tweet sent, it doesn't get better than this, welcome to the Polycub crew!

Posted Using LeoFinance Beta

I was planning to add to those three farms before the end of the month anyways. This just makes it a little more exciting. :)

0xf197dDA8215caa18084936317Cb801BD9099D5b1

Posted Using LeoFinance Beta

Pretty solid plan, personally I like the pLEO Farm but I'm biased :P

Posted Using LeoFinance Beta

I ended up throwing a little in that farm also. It was a busy day of adding liquidity. 😀

Let's go!

0x8805f46Ff6efFFCD235d4273d0E8F0768dab1847

Posted Using LeoFinance Beta

Give me back my LEO that was not converted to pLEO so I can get involved in the LPs. 😁

A good idea. Keep this in focus. Over time, we can grow it. Slow is not what was desired but it is the path we are on. Steady growth will help a great deal. The incentive is very good.

Lets hit these targets so we can start working on the others.

Posted Using LeoFinance Beta

Damn, I'm in the same situation, neither pLEO nor LEO is back and still waiting.

Posted Using LeoFinance Beta

Please make sure to open a tech support ticket so we can refund it ASAP!

Polygon nodes have been unreliable the past 48 hours. We’re working on a node switcher fix

Posted Using LeoFinance Beta

My support ticket has already been open for 12 hours and they still haven't given me satisfactory answers. Mine is practically insignificant, I can't imagine how someone who invests $100, $500 or $1000 and is in this situation could feel. The strange thing is that I see the contract processing conversions, but mine, nothing! It really is frustrating and hurts how good PolyCub can be. I think we will have to look for other options to get the tokens, because apparently, the bridge cannot be trusted, much less those who should provide a solution to problems like mine.

Ya mi ticket de soporte tiene 12 horas de abierto y aun no me dan respuestas satisfactorias. Lo mio es insignificante prácticamente, no puedo imaginar como podría sentirse alguien que invierta $100, $500 o $1000 y estuviese en esta situación. Lo extraño es que veo el contrato procesando conversiones, pero lo mio, nada! Realmente es frustrante y daña lo bueno que puede ser PolyCub. Creo que habrá que buscar otras opciones para conseguir los token, porque al parecer, no se puede confiar en el puente y menos en quienes deberían dar una solución a problemas como el mio.

Ooops. Never experienced that so far. Sorry about the inconveniences.

Posted Using LeoFinance Beta

Lol, hopefully this has been resolved and you are more than ready to go!

Hitting these targets would be great, giving way to new ATHs in Liquidity provided sounds like the path to follow.

Hello dear Leo readers
I'm with Polycub since March. recently added some more. I still wonder if it will reach 1$ or more this year
here's my address
0x9Ec374aA061C378eA066312d192eE18F433D3329

Posted Using LeoFinance Beta

The great part of this is that long-term mindset and vision always pay off, patience is key!

Posted Using LeoFinance Beta

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment !STOP below


Hey @kam5iz, here is a little bit of BEER from @isnochys for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Hello @kam5iz
This is my own !BEER
Have fun with it!:)

You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)

It is amazing! I think we will have amazing entries by talented Hivers. I adore the extra reward concept that will increase the chance to get $100 for submission.

Waiting for curating and sharing my thoughts on entries ✌🏼

Posted Using LeoFinance Beta

If users are in the line waiting for the best moment to start their DeFi journey, I can't imagine of a better moment than this week.

Posted Using LeoFinance Beta

It's a good chance to win some extra money. Later I provide more liquidity to get raffles. Only the 3 liquidity pools mentioned qualify !

Posted using LeoFinance Mobile

Don't forget to reblog and make a post about this, the more people, the merrier!

I'm in!
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!LUV

Posted Using LeoFinance Beta

Awesome. I hope you had checked through the submission requirements.

Posted Using LeoFinance Beta

Nice! Looks like a great Farm decision, keeping your belief on hive but also saying "Polycub is cool". Don't forget to share with us your wallet address!

@coolguy222 waiting for your address. You made alot of posts of polycub after all.

Let's see if he wants to join in!

@leogrowth I just wanna know people r faking it of actually invested in polycub. In splinterlands SPS staking, there were many cases of fake screenshots to farm vote. Thank goodness there was a way to trace real and fake.

Maybe here people on polycub starts providing address in posts also, just for authenticity of posts.

I hope u understand where I am coming from.

A good way to counter this would be to check the Hive transaction to the wallet that holds the 1:1 token for the Polygon tokens, the transfer will have the Polygon address linked to the hive username.

Thanks for the concerns!

Posted Using LeoFinance Beta

This is huge and I won't hesitate in participating

Nice, we'll be waiting for your comment! Don't forget to tweet and reblog!

Cool.
Anybody could be a winner but those with extra raffle tickets do have more chances.

Posted using LeoFinance Mobile

Exactly, pretty solid chances for everyone depending on their liquidity provided.

Wow, this is great.
Missing out will be a great lost.

Certainly! We hope you don't miss out, don't forget to invite your Hive friends to join!

Posted Using LeoFinance Beta

I'm thinking that you meant "PROVABLY" fair instead of "PROBABLY" fair for the picker (twice) ;-)

Posted Using LeoFinance Beta

Hi all. I did a bit of liquidity providing myself. Can I send the address via Discord though?

Looking forward to the raffle!

Posted Using LeoFinance Beta

Sadly, accepting discord messages adds an extra layer to the process and we are not able to handle many users doing so. We know it's not the best solution, but some users are setting up an alt Metamask to keep their main wallet (with all their richness) anonymous.

I really appreciate The Contest and Add even more L .. mmm but wait until an alternative Counting.. Don Know .. maybe change my mind later soon..
Love HIVE & Leo F

Posted Using LeoFinance Beta

To what counting are you referring? Maybe we can help out solve this


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

How awesome is this!
I shall see if I have funds to add a far when I wake up in the morning!
Onwards and Upwards and let's hit those liquidity target$

Posted Using LeoFinance Beta

Great! We believe that more liquidity in the Farms means an overall benefit to the hive ecosystem and the users who are directly involved in the farms, it's a win/win!

Too right, it is a win/win all round!

Posted Using LeoFinance Beta

Congratulations @leogrowth! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 1500 upvotes.
Your next target is to reach 1750 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Support the HiveBuzz project. Vote for our proposal!

Great to see those pools filling up nicely. Let's see if we can add up to the previous LP provided :)

Posted Using LeoFinance Beta

We're very sure we can manage to do so together, especially because the APRs are pretty sweet right now!

Posted Using LeoFinance Beta

Yes to that :) Can't ignore the juicy APRs on the pools.

Posted Using LeoFinance Beta

My Twitter share by the way:

Posted Using LeoFinance Beta

Loving the engagement initiatives by the Leo team right now! Keep up the good work!

Posted Using LeoFinance Beta

Thanks man! Don't forget to reblog if you haven't, we could use all the word of mouth help we can get!

Posted Using LeoFinance Beta

Yes I did it straight away 👍

When we scale out engagements on Leofinance, we earn LEO and wrap and stake them into pLEO pools for POLYCUB Rewards. Get raffle tickets and qualify for more

Posted Using LeoFinance Beta

Lets do this!

Some great APR% there!!

Posted Using LeoFinance Beta

Incredibly high! We hope to see you join the pools!

Posted Using LeoFinance Beta

This means that even minnows can provide a small amount of liquidity to any farm and will still have a chance of winning!

it looks promising and i will like to give a try .....

Posted Using LeoFinance Beta

Awesome! Don't forget to reblog, share your wallet here and tweet about it to increase your chances of winning!

Posted Using LeoFinance Beta

This is a great way to make some extra cash. I will definitely join

Posted Using LeoFinance Beta

My entry:
https://leofinance.io/@idiosyncratic1/i-participated-provide-liquidity-week-challenge-for-usd500-prize-your-turn

Wish good luck to every lion in the contest✌🏼
Ready to support them!

Posted Using LeoFinance Beta

This would be the first entry I've seen. Let me head on to Engage.

Posted Using LeoFinance Beta

Let's go! For those concerned about posting your address... It's out there anyway. Use a fresh wallet if you're really concerned.

0xb0Dd4405e723D6bcE86A551bA96c6A4dABA4fd1a

Posted Using LeoFinance Beta

Polycub for dummies is a good guide. Now tweet about this get additional boost. You need to show you have provided liquidity, can I just use my metamask address, is that enough !

Posted using LeoFinance Mobile

More than enough! Welcome to the Polycub crew!

Posted Using LeoFinance Beta

added some new liquidity, still got the old liquidity. I'm unclear about the providing proof part, but here's the addy

0xCEceEd8afCbA87209794156a84e6FD7C92349010

This is an awesome contest btw, and I hope it's hugely successful.

Posted Using LeoFinance Beta

I hope this contest would be a continue on monthly. With increased awareness, we'd get the desired results.

Posted Using LeoFinance Beta

That's enough for the proof part, with your address is enough. If you tweet about this, make sure to share on this thread the Tweet so you get an extra chance of winning!

Posted Using LeoFinance Beta

Reblogged it @splinternews published a 3speak video from in game to polycub farm. I have two addresses and the one mentioned in the video is my LP address.
0x3788cF14FCbDf9A35b9a44A3D3DF1feA4FC73ccB shared the contest on twitter as well.
!PIZZA

Posted Using LeoFinance Beta

That's great, such great initiative from splinternews! This way more people will hear about Polycub and the farms!

Posted Using LeoFinance Beta

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@solymi(1/5) tipped @leogrowth (x1)

Please vote for pizza.witness!

Thank for all your great work and this contest. I already provided liquidity but I will make sure to provide more

0xe095aa137F3A87B40F426d7Ea8b9A777c4eA8506

Posted Using LeoFinance Beta

That's great to hear! What an awesome way to benefit yourself while benefitting the Hive ecosystem, big brain move.

Posted Using LeoFinance Beta

Hi all. Thanks for the clarifications everyone. I'll take part in the raffle by sharing here as well then:

0x14b8ed2588b6d5B53a60025d4950e5f43f20bAd2

Posted Using LeoFinance Beta

Totally forgot to mention this tweet! !BEER

1529472317792870403?s=20&t=C4wlngk74BcVWWDU3ExA_A twitter metadata:Yml0cGFuZHVtbXl8fGh0dHBzOi8vdHdpdHRlci5jb20vYml0cGFuZHVtbXkvc3RhdHVzLzE1Mjk0NzIzMTc3OTI4NzA0MDM/cz0yMCZ0PUM0d2xuZ2s3NEJjVldXRFUzRXhBX0F8 ~~~

Posted Using LeoFinance Beta


Hey @leogrowth, here is a little bit of BEER from @solymi for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Been doing this for a while and just staked some more Hive-pCUB - took some doing. Did the reblog too.

0x729Cc83e726c32303Ca772032364bDd31d2aa7dA

Posted Using LeoFinance Beta

I tweeted too

1530199628792352768?s=20&t=jVAKszUrP440xSks9eStmA twitter metadata:cHJvZml0c19iaXRjb2lufHxodHRwczovL3R3aXR0ZXIuY29tL3Byb2ZpdHNfYml0Y29pbi9zdGF0dXMvMTUzMDE5OTYyODc5MjM1Mjc2OD9zPTIwJnQ9alZBS3N6VXJQNDQweFNrczllU3RtQXw= ~~~

Posted Using LeoFinance Beta

That's a cool contest at the right time, as it happens. :) I wrote a post about it:
https://leofinance.io/@gadrian/just-added-some-liquidity-to-phbd-usdc-on-polycub

Posted Using LeoFinance Beta

Wrote up my staking steps as part of a regular update on Crypto I Bought (CIB) series. Here is the Tweet on that

1530383039465148416?s=20&t=jVAKszUrP440xSks9eStmA twitter metadata:cHJvZml0c19iaXRjb2lufHxodHRwczovL3R3aXR0ZXIuY29tL3Byb2ZpdHNfYml0Y29pbi9zdGF0dXMvMTUzMDM4MzAzOTQ2NTE0ODQxNj9zPTIwJnQ9alZBS3N6VXJQNDQweFNrczllU3RtQXw= ~~~

Posted Using LeoFinance Beta

I don't get why people are fussed about replying with their address that are already public anyways....

0xb0cecBcbBECfa68a527d3be599b0a7476f5f99df

That's mine, liquidity added, cheers!

Posted Using LeoFinance Beta

I have a question
We need coin~>LP to fram
But how to LP~> coin?

Posted Using LeoFinance Beta

Let's hope that many users participate in this APR that closes soon, so continue to support the growth of all liquidity funds. Good luck to all friends who participate

Hello guys.
I used this address to provide liquidity and participate in the contest: 0x9771Bc485e7d26BfaD4bb3f592ABf4e03693BD18
Best of luck to everyone, but one of the prizes is mine :D

Posted Using LeoFinance Beta

I heard about this topic, but I forgot to paste here my wallet address, I got in the phive farm just in time.

0x9631F85606519E69175C7C1FA06274C5bA6d1CC4

Posted Using LeoFinance Beta

is there any way you can hold a contest in the future and pay the prizes directly to the wallets providing liquidity during the required timeframe. Not crazy about publicly attaching your wallet address to your Hive Account name. Or maybe I'm being paranoid?

Posted Using LeoFinance Beta

Thanks for the information. This is important to know,

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