Many of us has lost the train of Ethereum DEFI. I can say the same for Binance Smart Chain as well for DEFI. Now we have #Polygon doing the same thing these two blockchains are doing. In a nutshell they are all EVM of Ethereum. Easy to understand they all allow you to use the same ethereum address to access their respective blockchain. As long you know how to interact via metamask or other wallets like trustwallet, walletconnect, etc...
It may look easy in the open eye, but you need the habit in order to move yourself around the defi world. Lately in the volume area, #luna is pulling itself around with a huge volume leaving Polygon behind. The world of DEFI is huge. Understanding DEFI could be the answer of humanity to close the wealth gap. Got to learn it and trust the platform to get you there. In a couple of years it will be the membrane that stir crypto in the right direction. It will be the main use case and many banks will try to synchronize it with their plan.
Looking at the volume for all DEFI, $141 billion where ethereum carries the lion share of all. Lately I do not touch Ether due to high fees. It does not stop folks that move millions to stay in there and earn widely. The system charges compare to the value of the blockchain.
This is why you see Binance is so widely used due to its low fees.
I think Polygon is coming to the equation. So far it is not that easy to exchange Polygon to Ether or BSC token. I say not easy cause you have to use a certain bridge and the liquidity is attached to a limited number of tokens. If you know your way around BSC or Ether, it will be the same formality for Polygon. Due to #Polycub coming next month, I did manage to acquire some Polygon and be ready to make the move.
Right now the price of a polygon is around $2+. I do not think it will stay that low. No timetable as when you can see it move past $10 but it is coming.
I mention earlier Luna is moving quite well. #Avalanche is another one coming right into the mix. The question you can ask why do we need so many of them? The answer is simple. They all offer a way to bring decentralized finance for the world. Just like we have so many banks doing the same thing.
Many cars brands doing the same thing.
Now looking at Leofinance doing business with Ethereum via #Wleo, #Bleo via Binance Smart Chain and soon Polycub via #Polygon. Maybe soon we can have another one if there is a need.
The main factor for all of these is a way for #Leo token to an extent Hive token to have a door open via DEFI to the world of liquidity.
When you see the project we have in place, Hive is the token of the future for this community. Having a way to move around within the boundaries we all trust is the pleasure of doing business with a business you know its track record. I can feel the success of Polycub already. One thing is making the whole thing juicer is the incoming airdrop for the ones who hold #Cub and Leo tokens.
The learning curve could be a lot but when you stay focus, you can reach it step by step.
10 days to go and 2022 will enlighten the community like a spark to reach another level.
Be ready to
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ADA is also going to be launching their DEFI network in the new year so it will definitely heat up. Got some matic and am still buying small amounts adding to the stack. Will be tempted to get more involved within Kingdoms with these new launches.
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Completely forgot ADA.
SO much to the DEFI world.
I did get some ADA and hoping to see 20X just like Polygon 30X
I missed ETH, hope to catch up with these two.
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very good information friend with currently low-priced cryptocurrencies how #Polygon #Terra #Avalanche have similar qualities to #Ethereum even #Polygon created what is owned by the co-founder of #Ethereum. It seems like a good opportunity to get a cryptocurrency with a lot of growth potential in the future and how it was already mentioned at a market price if you want low.
Do LEO holders also get a Polycub airdrop like the last time or is that only for Cub holders now? Looking to polycub and projectblank.
I think PolyCUB is only for CUB holders and Project Blank is for LEO.
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Thanks, yeah that's what I thought as well. Still happy for an airdrop.
I think you get it from cub and Leo tokens.
It is a way to keep both tokens off the exchange.
If that’s the case thanks for the rectification.
Keep on holding
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I will be adding to CubFinance later this week but do we have a date for PolyCub yet? I don't think I have heard anything and it the earlier deadline I heard was by the end of November.
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Hurry cause the price did drop from early December to a low 40 cents.
Grab it while you can.
!BEER
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I plan on adding later tonight or tomorrow. Of course I think I'll stick with the CUB/BUSD Farm this month for the airdrop.
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BEERKING.PolyCUB is a new use case of DeFi extended by Leo Finance. The success of each such project means the success of all as funds will be flying around from one ecosystem to the other. We can make gains from one project and bring some balance to our portfolio by acquiring other assets under the same umbrella.
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We have been waiting for this polycub. Let them airdrop it. We are ready.
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Yeah, agree. I think having exposure to as many of these ETH alternatives is wise. Fantom is also still fairly under the radar but SOL and AVAX have performed so well... and of course, LUNA.
The longer we wait for polyCUB, the more we get, as holdings are compounding in the vaults ;)
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