I always that now crypto is not just for trading and booking profit instead it's much more. We can do much more in this space and it's getting more financial services built here so in the future there would hardly be any need for banks. DeFi has changed the way we used to invest because the offered APR is too good and banks can't even think of giving it. Obviously, there is some risk involved but with higher risk, the earning potential also increases and this is certainly a solid reason to make a move to DeFi for a better and more profitable investment journey. I had started my DeFi investment journey with CUB DeFi and now with PolyCUB, it's getting advanced because there is a lot that I can see happening here on this next-gen DeFi platform.
I got to see a post today by @khaleelkazi about the Collateralized Lending on PolyCUB. This is something that was not expected at all and this is what makes the Leo team different because they do things differently. I checked the post in detail and understand more about this upcoming utility service on the platform. As far as I know about this then I don't know any DeFi offering these services however we have a few other platforms offering similar services. I used Blockfi In the past and Just Lend also provides collateral lending that we can get loans against our crypto and this is a great way to get funds when we don't want to sell our crypto.
Lending is a service that is provided by banks everywhere and for this, we need to pay a heavy rate of interest to the bank. There are various types of lending products offering different rates of interest and even banks do ensure the capability to repay the person asking for the funds. This is a standard way to provide funds in the traditional world however on DeFi it's going to be a game-changer. It's an exciting feature on DeFi for sure because we are able to earn a great amount of APR on the investment and there are times when we need money but we don't want to disturb our investment and in this case, it's going to help a lot.
Pay Back the Loan + Small Interest % (which is more than well covered by the yield of xPOLYCUB, making it a self-paying loan)
It's not yet revealed the rate of interest but as mentioned on the post, it should be on lower side and this is another solid reason to buy more PolyCUB and stake in xPOLYCUB for great APR. DeFi is great when more people come and invest money so with the addition of lending I expect that people would love to be part of the platform. PolyCUB has been trending in the news and social media and this is why more people are keeping an eye on it. With the launch of lending, it's likely to happen that more people will enter in PolyCUB DeFi.
This is the USD chart of PolyCUB tokens and the current price is $0.33 which I think is on the bottom side. In my opinion, any coin whose price has dropped by over 80% can be considered as the bottom. I have seen the token price at the range of $4 and now it's less than 40 cents which clearly shows that it's the bottom and right time to buy if you are looking to have some investment.
The future of the investment is not just exciting but also more profitable with PolyCUB and making the right decision at the right time is what it takes to be there. I believe in the project and this is why I keep a close eye on this to see what is happening and this is helping me to stay updated. I am excited and looking forward to seeing the lending going live soon on PolyCUB.
Thank you so much
Stay Safe
Posted Using LeoFinance Beta
