Greetings to my esteemed friends on the Hivehustlers platform! What an amazing time to be with you and and another opportunity to share what the LeoFinance ecosystem can offer hustlers on the hive blockchain and more. It's your friend @faquan, saying hello from this part of the world.
Are you looking for a platform to lock up your investment for a long period and still make huge amount of rewards, then, you don't need to fear anymore. The LeoFinance ecosystem last month launched a platform that you can lock 🔐 your investment for a minimum of two years and also create more values for yourself on the LeoFinance ecosystem.
What's vexPOLYCUB?
vexPOLYCUB simply means Voting Escrow xPolyCub. It's a platform that allows xPolyCub holders to lock their xPolycub holdings for 2 years period.
From the above explanation, you'll observe that you cannot partake in vexPolyCub if you're not a xPolyCub holder and also a PolyCUB holder. This simply means that to participate in this lucrative game changer on the LeoFinance ecosystem, you must be a holder of PolyCUB, xPolyCub and then vexPolyCub. To stake vexPolyCub just click here up you go.
vexPOLYCUB offers stakers a fixed 20% APY for the 2 years waiting period, but not limited to this. It also accumulate some amazing APYs for you as a xPolyCub holder and this APY is at 66.77%. If you add both, you'll have 86.77% APY for investing in vexPolyCub.
There's an amazing aspect of vexPolyCub that you would love to know about and that's the area of governance voting, just go through this:
vexPOLYCUB has some interesting features. In exchange for locking your xPOLYCUB for 2 years, you receive 3x Governance Power in the xPOLYCUB DAO.
For example, a user who holds 100 xPOLYCUB has 100 Governance Power in the DAO.
A second user stakes their 100 xPOLYCUB into vexPOLYCUB and now has 300 Governance Power but has to wait 2 years for their xPOLYCUB to vest and unstake it.Source
Just imagine you coming to the platform to earn rewards for 2 years period and now you're about to be part of the xPolycub governance committee member by staking xPolyCub to vexPolyCub. You should be thanking me for spreading this information to your door steps.
How does vexPolyCub Intend to get the fixed 20% APY
This is going to be through the buyback of PolyCUB monthly and this has a goal of reducing or completely buying back all the PolyCUB in the open market and once this is done, the platform decided what to do with it. With doing this, it'll generate the fixed 20% APY for holders.
This amazing platform is just a value accrual channel for hustlers on the hive blockchain. It's a very strategizes platform that has the formula of making it work and also save your investment from volatility.
Invest wisely and keep the hustling going with vexPolyCub.
Thanks!
Grace and peace to you all