Wen Migration of Features to CUB?

in LeoFinance2 months ago

▶️ Watch on 3Speak

In this clip, we talk about the process in which we start migrating successful PolyCUB Features onto CUB and what this success will look like within these features.

A lot of people have been asking this question and we answered it a few AMAs back so I went back and reviewed the full AMA podcast - which you can view here - and dug out this clip.

One important question that many people are wondering; how will we know when features are ready to be deployed onto CUB Finance?

What we're looking to achieve is creating massive sustainability for PolyCUB. The time when we begin migrating features is when we launch a significant number of V2 vaults and we're happy with the overall direction of PolyCUB and that will be indicated in a huge way by price and revenue per month.

pHBD has already done significant numbers in terms of revenue. So once we see several more V2 vaults do similar numbers pHBD has, that will be a great step towards the migration of features onto CUB.

We talk about this and more in this clip from the Weekly AMA!

Make sure you Tune in every week so you don't miss important LeoFinance/DeFi Updates!

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


The rewards earned on this comment will go directly to the people(@shortsegments) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Thanks for answering this question.

I think your reports on the rapid increase in protocol earnings after implementation of the 5 value accrual methods and the 25% price spike we witnessed in the price of Polycub after implementation suggests your current focus on value accrual will promote the price and sustainability of Polycub.

It would have been great if you would have had more time to see where the price of Polycub would have gone, if the market hadn’t dropped so much, and so quickly.

But another way to look at it, would be to consider where would the Polycub price be if you hadn’t implemented those value accrual vaults, and pumped the price.

I think your changes were a success. So I congratulate you.

I think your willingness to change when things don’t work is a great strength.

Posted Using LeoFinance Beta

“ I think your willingness to change when things don’t work is a great strength.”

I appreciate this. We all need to adapt to the changing industry around us. Technology as a whole moves quickly and crypto moves 10x faster than normal technology.

To stay on the bleeding edge means to continually reinvent ourselves.

Posted Using LeoFinance Beta

To stay on the bleeding edge means to continually reinvent ourselves.

Yes, it does, I like to think of myself as a being in a Continuous Quality Improvement mode :)

I learn new skills, and I push my envelope.

I mess up sometimes, and it's a problem, but I think the drive to be better, achieve more, and learn things I didn't think I could is self-sustaining.


Posted Using LeoFinance Beta

One important question that many people are wondering; how will we know when features are ready to be deployed onto CUB Finance?

I believe that migrating the features of PolyCUB on CUB Finance will appropriate now that we've seen the results of the V2 vaults accrual channels working and preparing PolyCUB for an all time hike.

I wish CubDeFi platform all the best and I wish you more innovative ideas for more LeoFinance projects ahead.

Posted Using LeoFinance Beta

Deploying the Multi-Token Bridge on CUB will have a dramatically positive effect both on CUB and on POLYCUB.

The ability to arbitrage between them will be amplified. Any price move on one exchange will lead to trading volume across all exchanges.

It’s a fascinating idea to imagine… I think we’re on the cusp of something massive

Posted Using LeoFinance Beta

Congratulations @khaleelkazi! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You published more than 850 posts.
Your next target is to reach 900 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support the HiveBuzz project. Vote for our proposal!

The main takeaway from this is that now is probably one of the best times to buy cub... hugely discounted for now

Amazingly discounted. The future is coming faster than most think.

We’ll look back on these times and say “why didn’t I buy more?”

Posted Using LeoFinance Beta

I was fully expecting SOON ;)

I think that's a smart solid plan to test and start implementing the successful things from Polycub over into cub. The single thing I worry about on Cub however is the steady and heavy emission of CUB tokens that's been happening and will continue to happen. Are there any plans or any benefit of putting to vote to reduce the emissions at least during this transition phase?

Emissions are all relative. In $$ terms, there’s actually very little CUB being emitted.

The key is value accrual and productive capital. Those things are necessary to continue building the ecosystem.

Posted Using LeoFinance Beta

I believe utilizing the opportunity in accumulating more cubs is the best decision at the moment

Now is a big opportunity

Posted Using LeoFinance Beta

To utilize properly

Posted using LeoFinance Mobile

True, I agree, so I am stacking cub as well.

Posted Using LeoFinance Beta

I am hoping it comes sooner rather than later. I am also interested in seeing how much is actually in the treasury so feel free to break it down for us in the future.

Posted Using LeoFinance Beta

Both will be sooner than you think ;)

Posted Using LeoFinance Beta

Let polycub spend some time in it's version 2 then we can ocus on cub.

Posted Using LeoFinance Beta

Multi-token bridge theory has just begun to play out. We need to see true sustainability and then we can wrap it all up into a major step function change for CUB

Posted Using LeoFinance Beta