exciting news!
Will vexPOLYCUB be used to apply for loans in the future? I remember that this was also provided for xPOLYCUB.
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exciting news!
Will vexPOLYCUB be used to apply for loans in the future? I remember that this was also provided for xPOLYCUB.
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Also forgot to mention in my other comment - the colalteralized lending protocol will collect an interest rate on outstanding loans to vexPOLYCUB & xPOLYCUB staked in it.
This is another source of value accrual to be combined with the MTB Revenue + PoL Revenue. These 3 forms of value capture are used to buyback POLYCUB each month and pay the 20% fixed interest
Much bullish
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If I remember correctly, didn't you mention doing the same thing to the CUBdefi website? Shouldn't that mean we should be stocking up on CUB too? :)
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Most of the things that are developed for POLYCUB can be ported to CUB without much trouble. The same goes for outposts into other EVM compatible blockchains like Fantom, Avalanche etc. Think of how SushiSwap is on 14 different blockchains with similar features. Various CUB DAPPs could be the same very SOON™
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Yes! xPOLYCUB and vexPOLYCUB are both able to be utilized as collateral for collateralized lending on the platform
When this is released, it will have an even more interesting impact on vexPOLYCUB - as it stands, if you stake into vexPOLYCUB, you don't have liquidity. You're holding for the long-term and earning yield in your vault each month for the next 2 years
When lending is released, you'll be able to collateralize that vexPOLYCUB stake and get liquidity instantly while still earning 20% fixed interest on the vexPOLYCUB that is collateralized.
This is a self-paying loan - modeled after Thorchain. Releasing Governance and vexPOLYCUB are a key step in releasing the PolyCUB DAO Collateralized Lending model.
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This is an essential part of defi's evolution. Polycub can really make an impact, affecting all of cryptocurrency.
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