The Juicy Details of vexPOLYCUB | A Drastic Change to Weekly Governance

in LeoFinance2 months ago

▶️ Watch on 3Speak


PolyCUB Governance has been deployed on our backend and the UI is about to go live. Governance is the first real-world utility for buying and staking POLYCUB.

This is just the beginning of utility for POLYCUB. The next major release will see:

  1. The Governance UI go live
  2. vexPOLYCUB Contract go live
  3. vexPOLYCUB UI go live

What we're doing is launching voting escrow xPolyCUB (vexPOLYCUB). You can lock up your xPolyCUB and gain amplified rewards + amplified Governance Power. Staking for two years = more weighting in governance and better rewards.

This will go towards the long-term vision of CUB and PolyCUB which is stable cash flow and a reliable DeFi platform. While the rest of DeFi continues to lose confidence - platforms like Celsius, Terra, etc. going under - POLYCUB and CUB will always provide our community with the best opportunities in DeFi and allow us to all sleep well at night.

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

Sort:  

Great to hear that, making it more easier and user friendly to vote. POLYCUB is definitely for the long term, as for Celsius, I never knew it was a DeFi.

Another great one as regards polycub here again,nice progress

The dev progress on all of our projects has increased exponentially lately. It’s awesome to see!

Posted using LeoFinance Mobile

What we're doing is launching voting escrow xPolyCUB (vexPOLYCUB). You can lock up your xPolyCUB and gain amplified rewards + amplified Governance Power. Staking for two years = more weighting in governance and better rewards

This is nice idea it will really open our mind to holding Staking xpolycub for 2years at the end and also earn amplified rewards will really make sense is a win win for us.

These developments are really exciting.

Posted Using LeoFinance Beta


The rewards earned on this comment will go directly to the people( @no-advice ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Really a terrific update. It's time to get more POLYCUBs before the prices go unreachable.

Posted Using LeoFinance Beta

Wow great job weldon @khaleelkazi