It passed the 20 mark, time for the price of polycub to rise?
I would say it is still too early. We have the emission rate, half of what it was a week ago, still coming pretty strong. There is another 3 weeks of it.
At the same time we have bonding coming which might cause some selling pressure. Overall the Poly price is fairly stable although I would not be surprised to see a drift lower.
Either way I am dollar cost averaging.
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It will be interesting to see where it is after the summertime.
Hopefully hbd gives people a good reason to use the platform and create some fees.
If it really does work out as number goes up then people are going to lock in the majority of supply over the next couple of years and drive up the price.
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I believe you hit the nail on the head on that one.
Having the deepest liquidity pool for HBD anywhere is a worthwhile goal. It is what can set Polycub (and Cub) apart from all else. This could drive a lot of traffic through there. The fees would really add up.
If the protocol owns some of the pool, that would really make xPOLYCUB hodlers very happy.
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