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RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC

in LeoFinance2 years ago

The demand problem was solved by increasing HBD interest rates. The HBD liquidity issue will also be resolved with PolyCUB, which means that the supply issue will now be resolved. These will really make a huge contribution to the Hive ecosystem. Adoption of HBD, HIVE and PolyCUB will accelerate further. These are really great works.

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The liquidity problems will have to be addressed by more than Polycub. Having a LP with nothing in it is a problem. Still need to decide where it is going to come from.

That is the challenge. As Khal mentioned, he is trying to get more than $100K in HBD, and it is a challenge.

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Yes I know this problem. It will become clear in my plans when the Liquidity Pair for HBD-USDC is built. Evaluating many options for gain will provide a great advantage.

From now on I will focus on investing in HBD. Your post about HBD yesterday inspired me.

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I keep pouring HBD into the savings. No reason not to. We will see the details about the LP on Polycub. Have no idea what those numbers will look like.

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Yeah it's tough to speculate. I have a feeling that anyone holding the xPOLYCUB governance token will start to vote up the APY on the pHBD-USDC vault on Polycub.com which will be very bullish for POLYCUB as it will continually drive yields and more liquidity.

Lots of game theory involved here. Maybe we will force Hive whales to start building massive LP stakes in pHBD-USDC, then build a massive stake in xPOLYCUB to amplify their yield.

Of course, all of these whale wars will drive POLYCUB's price up, increasing yield on all vaults. On top of that, pHBD will generate MASSIVE revenue streams for PolyCUB through

  1. pHBD Wrapping and Unwrapping Fee
  2. pHBD-USDC Deposit Fee

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Lots of game theory involved here. Maybe we will force Hive whales to start building massive LP stakes in pHBD-USDC, then build a massive stake in xPOLYCUB to amplify their yield.

I wouldnt think too many will do that. My hunch is we wont see a bunch of them in POLYCUB. After all, few of them even took a gander at Cubfinance.

It is up to us to build it I believe. We will see how quickly it fills.

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