PolyCUB is the initially genuinely deflationary Yield Optimizer system, as well as it is the outcome of 7 months of study, Monte Carlo simulations, as well as advancement job.
The LeoFinance Team started its blockchain trip 3 years back when it developed the tokenized social application LeoFinance.
It came to be the foundation of a much larger Web3 ecological community that has actually continually progressed as well as increased within the crypto globe, driven by 2 core worths: producing possibility for our customers as well as prolonging the size as well as deepness of its area.
Currently, it has countless regular monthly customers from every edge of the globe. It all shares something: They all enjoy decentralized financing as well as want becoming part of the development taking place right at the side of the cryptocurrency sector.
On March 5th, 2022, LeoFinance offered a huge action in the direction of development as well as released the following action for DeFi yield optimization: PolyCub.
It took 7 months of continuous DeFi study as well as previous launches on the binance clever chain as well as various other systems prior to the group determined the essential components as well as actions to success from jobs like Curve, OHM, as well as the DAO transformation.
It took these essential components, assembled them right into its data sources, ran countless Monte Carlo simulations, as well as found out just how to construct a lasting DeFi system.
The Goal of producing PolyCub is to construct a lasting base on the Polygon blockchain for its area to make sure that it can increase the size – obtaining brand-new customers – as well as deepness – accomplishing a growing number of degrees of possibility to improve its customers as well as develop wealth for its area – of its Web3 ecological community.
With PolyCUB, it took care of to accomplish both: producing size by launching a brand-new application on the Polygon network with substantially boosted tokenomics as well as auto mechanics over various other DeFi yield optimizers.
It is producing deepness by launching the application to its area, maintaining them in the loophole with its advancements, as well as opening their eyes to an entire brand-new collection of possibilities when they connect to the Polygon blockchain.
The Polygon Blockchain as well as the MATIC token have a brilliant long-lasting future as well as a great deal of capacities, which is why it made a decision to construct this PolyCub bridge in between its Ecosystem as well as Polygon.
PolyCUB sustainability
PolyCUB kingdoms
PolyCUB Kingdoms are a rising system influenced by various other yield optimizers like autofarm.
Kingdoms are cross-platform yield farming safes. Users LP possessions on systems like Sushiswap or Curve, and after that they can bet those LP symbols right into kingdoms to make 2 kinds of yield:
1. Base APY from the indigenous LP system (i.e., Sushi benefits)
2. POLYCUB APY
Kingdoms automobile substance #1 (Base APY) right into the base possession set that an individual LP’d. For circumstances, an individual that transferred WETH-WBTC gains their typical base apy, which is autocompounded right into their WETH-WBTC holdings.
On top of that, they are paid with harvestable POLYCUB benefits. This is just how such APY is attained.
PolyCUB bonding as well as procedure had liquidity
There is a PolyCUB treasury that holds possessions that it gains from 2 auto mechanics:
– PolyCUB Bonding (influenced by OHM)
– PolyCUB Kingdoms (10% monitoring cost on Kingdoms yield)
These 2 auto mechanics drive liquidity right into the protocol-owned liquidity (PoL) treasury. The treasury risks these possessions to make yield as well as automobile substance itself.
When rising cost of living on POLYCUB finishes in a couple of months, the PoL treasury will certainly start paying yield to all LPs on the system by acquiring POLYCUB on the free market as well as dispersing those POLYCUBs as APY.
Between this as well as various other auto mechanics like xPOLYCUB staking, the POLYCUB token is created to turn deflationary in the future as POLYCUB exhausts have a set end day (when supply gets to ~8-9M symbols).
LP Rewards are paid by means of PoL yield acquiring POLYCUB as well as dispersing it to LPs.
POLYCUB betting
At the core of PolyCUB is the xPOLYCUB staking system:
Staking POLYCUB right into xPOLYCUB offers different degrees of benefits. You make from 2 auto mechanics:
You make POLYCUB in the kind of inflationary benefits – like all various other safes. This is the showed “932% APY” number in the screenshot overYou additionally make POLYCUB from very early harvesting fines – this technician is drawn from systems like Ellipsis as well as Curve. Users that collect benefits on all safes (with the just exemption to gathering fines being the xPOLYCUB betting safe, which has 0% fines). There is a 90 day cooldown on all harvests. Users can determine to prevent this 90 day cooldown as well as open their POLYCUB harvests instantly. If they do this, after that they pay a 50% charge on those benefits as well as the whole charge is paid just as to all xPOLYCUB stakers
With these auto mechanics in mind, there is a COMPUTER / xPC proportion. This is created in a real “number always go up” style. The proportion of POLYCUB / xPOLYCUB is just how stakers in this safe make benefits.
The benefits from the over auto mechanics are paid to the safe autonomously, as well as xPOLYCUB symbols are basically a “Claim Token” on a comparable share in that complete benefits swimming pool.
When an individual leaves the xPOLYCUB swimming pool, they trade their xPOLYCUB symbols back to the procedure for the existing proportion of POLYCUB symbols.
LeoFinance’s area desired a “forever vault” where the number regularly enhances.
A safe where the ruby paws (the area’s variation of ruby hands) can transfer POLYCUB as well as understand that tomorrow or more years from currently, they can constantly take out even more POLYCUB as well as boost their liquidity profile.
PolyCUB token exhausts: created to go deflationary
PolyCUB is the initially genuinely deflationary yield optimizer system, as well as it is the outcome of 7 months of study, Monte Carlo simulations, as well as advancement job.
The exhausts price visit one token per block weekly after launch. After that, the exhausts price is cut in half (a hyper-accelerated variation of BTC halvings) up until the exhausts price quits entirely a couple of months from today.
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