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RE: Polycub: Follow the Money ; Emission Reduction & Bonding

in LeoFinance • 4 years ago

Keep in mind, I also have quite a bit in Cub and PolyCUB, not your level but significant. Here is the issue. LP = Liquidity Pool (I know you know that, but some don't) but really of the various pools how many of them actually need liquidity? By need is anyone using it for anything? What is the point.

We do need fees/burns and penalties or actual interest paid on the staked money or it is just a game of holding and moving tokens at the right time.

I'm in, I'm staying in, and I trust the team to keep tinkering and finding ways to make the tokens more valuable and currently I have around $4000 on Polygon, before the drop started I had 246 Matic. So, I'm not complaining.. but I wince a bit when I look at my CUB. :)

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4 years ago in LeoFinance by
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         4 years ago 

        but really of the various pools how many of them actually need liquidity?

        This is exactly the point.
        None of the kingdoms benefit the network.
        They are all bleeding coins.

        The only pools that need yield are pCUB/ETH, pCUB/USDC, and pLEO/MATIC.
        Even the pLEO/MATIC pool is only for the bridge.
        It is a huge cost and may or may not be worth it (probably worth it).
        Then again why isn't the pLEO/MATIC pool paid in pLEO?

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