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COINS

Polygon HBD($pHBD) Coin Complete Detailed Review

17/08/2022 Posted by By Denny Bitsong Last Updated: 14/04/2024 COINS Tags: Polygon HBD Polygon HBD login Polygon HBD sign up 6 Min Read
Last Updated: 14/04/2024
Polygon HBD($pHBD) Coin Complete Detailed Review
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Introduction Polygon HBD($pHBD)

Polygon HBD Most Sustainable DeFi Platform With Multi-Token Bridging, Curve-Style Staking, Governance DAO, Protocol Liquidity and POLYCUB-Collateralized Lending Generate Safe, Reliable and Growing Yield Alongside One of the Longest Standing Crypto Communities In the Space PolyCUB is a staking platform that provides a safe and easy way for DeFi users to discover yield and earn on the Polygon Network. The platform was built by the LeoFinance Project and community of hundreds of daily active crypto users.

Polygon HBD Basic Point Table

Coin BasicInformation
Coin NamePolygon HBD
Short Name$pHBD
Circulating SupplyN/A
Max Supply10,000,000.00 pHBD
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Not Your Average Yield Platform

PolyCUB is not your average Yield platform. focus in building PolyCUB is to create safe, reliable and growing income streams. The #1 problem in the DeFi industry is the advent of unsustainable yield farming platforms. All of these platforms use high inflation to pay yield which has created an industry dynamic of users jumping from platform to platform to yield chase the next 1,000% APR. goal with POLYCUB is to build something different. We’re building a long-term yield platform that is focused on safe, reliable and growing cash flow for our Web3 Ecosystem and the users on it

Deep Utility, Intense Scarcity

We’re doing this through a combination of deep utility and intense scarcity. POLYCUB is designed to be a utility token at its core with the primary utility being control over the yield dynamics of the platform. Owning more POLYCUB gives you more power to determine the flow of rewards for the various yield vaults on the platform. The other major utility of POLYCUB is its use as the base asset in our vaults. Using POLYCUB as the settlement asset against all the major vault pairs is a feature inspired by a DeFi platform called Thorchain.

Governance

At the core of PolyCUB is Governance. This is where the vast majority of utility for the POLYCUB token is derived. Users gain Governance Power by staking POLYCUB into xPOLYCUB or by locking xPOLYCUB into vexPOLYCUB to further amplify their Governance Power.

Token Supply & Emission

PolyCUB (POLYCUB) is the native token for the PolyCUB yield platform. Users can earn POLYCUB by participating in any of the Farms, Kingdom vaults or by staking xPOLYCUB to earn the 50% fee penalty generated by other farmers who harvest their yield before the 30 day locking period.

Proven Tokenomics for a Proven Community

Just as our community has existed for many years and proven itself as one of the most ambitious, organized and diamond-pawed groups in the crypto space, so too do our tokenomics derive from proven mechanics and existing platforms that operate in this space.

PolyCUB borrows the essential aspects of 4 major platforms in DeFi:

  1. 1.Sushiswap (xSUSHI staking contract = xPOLYCUB staking contract)
  2. 2.Adamant Finance (50% early harvest penalty paid back to xPOLYCUB stakers)
  3. 3.Autofarm (Cross-composable yield farming contracts that generate yield in 3 ways: normal LP trading fees, base platform yield and POLYCUB yield)
  4. 4.Curve (vexPOLYCUB Governance Voting)

PolyCUB Vault V2: (Multi-Token Bridged Assets)

PolyCUB’s V2 Vault model utilizes our multi-token bridged asset model to generate value accrual for the protocol in 5 ways:

  • insert_hive_asset (i.e. pHIVE or pSPS, etc.) – held as 1:1 collateral for the wrapped equivalent – staked on native platform (i.e. HIVE POWER or SPS staking on splinterlands.com) = value accrual for PolyCUB’s PoL
  • insert_hive_asset 0.25% wrap and unwrap fee = value accrual for PolyCUB’s PoL
  • insert_hive_asset cross-chain arbitrage = value accrual for PolyCUB’s PoL
  • insert_hive_asset-POLYCUB = utility for people to buy POLYCUB to LP against – their insert_hive_asset = value accrual for PolyCUB’s PoL
  • insert_hive_asset-POLYCUB holders need to buy more POLYCUB to stake as xPOLYCUB to control governance and drive insert_hive_asset-POLYCUB vault yield higher

Rodemap

Polygon HBD($pHBD) Coin Complete Detailed Review

Faq Of Polygon HBD

Where I Can Find Polygon HBD Coin Whitepaper ?

You Can Find Polygon HBD Whitpaper By Clicking Here

Where I Can Buy/Sell Polygon HBD

You Can Buy Or Sell Polygon HBD On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Max Supply Of Polygon HBD ?

Max Supply Of Polygon HBD Is 10,000,000

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