In this clip from the Weekly AMA, we talk about Voting Escrow xPolyCUB.
As we previously mentioned in the last podcast, vexPolyCUB is almost ready to be released.
It's a locking contract where you can lock your PolyCUB for two years and use it in governance votes. Users who stake their xPolyCUB for two years will get 3x more Governance voting power per 1 xPOLYCUB token compared to someone holding regular xPolyCUB liquid in their wallet. Along with this comes amplified yield and higher earnings.
We also touch on how xPolyCUB will work with collateralized borrowing - you lock up xPolyCUB in a contract and the contract will give you money in a liquid loan. As soon as you pay it back, you can get your xPolyCUB back.
We talk about this and more in this clip from the Weekly AMA!
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Our mission is to put Web3 in the palm of your hands.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd
Polygon HIVE (pHIVE): https://wleo.io/hive
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io
▶️ 3Speak
VeXPolyCUB keeps the true rooting power, glad collateralized lending is coming up...
Hmmn Makes sense. I can’t wait.
!1UP
You have received a 1UP from @luizeba!
@oneup-curator, @leo-curator, @ctp-curator, @vyb-curator, @pob-curator, @neoxag-curator, @pal-curator
And they will bring !PIZZA 🍕.
Learn more about our delegation service to earn daily rewards. Join the Cartel on Discord.
PIZZA Holders sent $PIZZA tips in this post's comments:
@curation-cartel(19/20) tipped @khaleelkazi (x1)
You can now send $PIZZA tips in Discord via tip.cc!
Interesting, so you can lock your xpolycub, get more voting power, vote yourself more yield, making locking up xPolyCUb more profitable then selling.
This occurs at the same time as the halving, so deflationary tokenomics mean very few polycub are produced and rewarded to stakers, making the large sums locked up early more valuable.
Nice for me because I got in early, and smart to buy more now.
Posted Using LeoFinance Beta
👍💪🇦🇷