In the end, it all comes to the simple numbers... the revenue generated from the platform divided by the invested funds... The number that we get should be the average APR for the pools on the platform... As Polycub is a deflationary token, there is pressure on the price, but also, there is pressure on the average APR in the pools... And those pools are competing with other platforms... For example, APR under 16% for HBD-USDC pools isn't enough to compete with 20% on the HIVE blockchain... That's why we need more "products", use cases, and incentives for the Polycub constantly...
Great review! Thanks for sharing your view!
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Thanks!
I think the APR issue is only temporary because PolyCub doesn't have to limit itself to Hive-based assets only.
For example, Velodrome has a similar emissions mechanic but other projects come and "bribe" their users with weekly rewards if they vote for their LP pair.
If PC keeps growing other projects may want to get exposure and more liquidity through the Ve mechanics on Polycub. I don't know if that is the long-term vision but it sure can be done.
You are right, we need more emissions on the HBD pool but that's not as easy as it sounds.
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