This is Part 2 of my adventures in PolyCub, and today I will offer you some more clear and hopefully direct instructions. First things first, if you are not already in the CubDefi kingdoms or farms, you should visit https://cubdefi.com and read the docs.
There are also some Docs for https://polycub.com/ and I will suggest that you do not rush and that you take your time reading through this, and follow along each step.
My last post was a question, not really a helpful how to. I have learned a lot over the past year about DeFi largely thanks to @LeoFinance and I am very excited about this.
Stake CUB to get PolyCub
It can all be so confusing, but it doesn't need to be.
1 Deposit your Hive into https://leodex.io
2 Visit https://leodex.io/market/LEO and buy LEO.
3 Use https://wleo.io/bsc to bridge your LEO to your MetaMask as bLEO.
4 Swap bLEO for CUB using PancakeSwap swap. (Don't forget BNB for fees.)
5 Go to https://cubdefi.com/kingdoms and stake your CUBs.
6 Check your PolyCub Airdrop
Now that you have some CUBS in the Kingdom you may be eligible for the airdrop. There are a few places you can stake to towards the same result, so read full details carefully. There are a very limited number of PolyCub that will be issued, and even less xPolyCub, so there is a time sensitivity factor to get started sooner than later.
The other side of FOMO
Let's say that you missed out on CubDefi when it launched and you haven't done any of this. Now is a GREAT time to buy CUB because of the price it is at. You might have missed CUB at launch, but you can get it for just 0.372912 BUSD today.
I was able to get 48 CUBs for 18 Hive yesterday, and this pushed my balance past my goal! I didn't hit it by the end of 2021 but did before the end of first quarter 2022!!
Two years ago I never figured I would get into one of those crazy defi things. I was telling all my friends no way. Now I am very happy to have a Cub Kingdom.
8.5 Matic
I tried to sideshift a small amount of LTC to MATIC yesterday but it failed for some reason. Another user pointed out the simple solution, which is to just use TribalDex to buy SWAP.MATIC, then withdraw it to your PolygonScan wallet.
Blockchain Explorers
You should be aware of sites which let you browse the chains.
A) https://bscscan.com/ (BNB, bLEO & CUB)
B) https://etherscan.io/ (ETH, wLEO)
C) https://polygonscan.com/ (MATIC, pLEO, PolyCub, xPolyCub)
9 PolyCub Airdrop
Basically you will get 1:1 value for every Cub you have in the Cub Kingdom. If you have $100 in there, your airdrop will be about the same. It appears to accumulate slowly, so check it daily and claim. Stake your PolyCub in the Farms to try this DeFi yield game.
Let's say you are not a very good yield farmer yet, perhaps you don't know when to harvest or you are just too busy with your regular life that you can't sign in and do the math every day. No problem! Simply stake your PolyCub as xPolyCub.
"Users can earn POLYCUB by participating in any of the Kingdom vaults or by staking it into xPOLYCUB to earn the 50% fee penalty generated by other farmers who harvest their yield before the X block locking period."
So let's just give a recap. You buy & stake CUB in the Kingdom to get PolyCub. Then you can stake as xPolyCub to earn more PolyCubs! If you have questions feel free to ask and maybe I can find out the answer too.
Posted Using LeoFinance Beta