I feel conflicted, let‘s talk real mechanics for a moment.
Staked HBD or HP will inflate directly into my wallet.
Using Polycub, 50% of the pooled HBD will be put in savings, half of the HBD returns will be sold and PolyCub bought right? Instead of 20% APR HBD, I‘m currently getting 30%+ APY payed in PolyCub.
That means my effective APR is highly dependent on PolyCub‘s price and I’m constantly selling HBD via the intrinsic mechanics of the system. I hope my facts are straight.
A Hive Pool would be using very different mechanics for sure. Let‘s wait and see what they come up with.
That is the level of added risk going with a 3rd party and getting away from the base layer. That is where the added APR has to offset the risk.
Of course, if the price of POLYCUB skyrockets, then the return you get potentially goes up a great deal.
Or it could go down.
That is what each person needs to decide.
Posted Using LeoFinance Beta
Well, the Polycub Website actually shows APR, maybe that means the APY goes up or down with changes in the PolyCub price.