Roar Leos and Cubs,
The latest excitement for the PolyCub community or even the Hive community is .... $HIVE goes to the Polygon blockchain and now connected to the DEX of Sushiswap! We can now earn reward for providing pHIVE-PolyCUB on PolyCub protocol! As the official announcement explains how important this is and how to do this smoothly:
Introducing pHIVE | Bridging the Hive Ecosystem to Polygon
@leofinance twitter also shows the price chart of $PolyCUB recently, very positive response during the bad crypto weather days
For your reference, I list this info. here, you know what to do with it!
$pHIVE Polygon token contract address: 0x456320E9B87a7C84a53B8ab300067F3a29Aab301
Then share with you how I follow the instructions and did it! :)
- Go to https://wleo.io/hive for wrapping/unwrapping $HIVE<->$pHIVE
- In a blink of eyes, my $pHIVE has arrived. I have prepared my $PolyCUB ready for pairing. Not a small amount but hopefully both of them grow much bigger! :D
- Go to https://polycub.com/farms and find the PHIVE-POLYCUB farm. Enable it. Notice that you might have to increase gas to speed up transaction. Polygon network wasn't so responsive when I accessed it.
- Then click Get PHIVE-POLYCUB LP to link to Sushiswap Liquidity Adding. Yes, PolyCub is a yield optimizer built upon Sushiswap and Curve.
- Add them by approve tokens the protocol doesn't know first. Then add!
- Click Confirm Supply after you click Add.
- Now, after confirmation, go back to polycub page, your Sushiswap LP token will be ready for you to stake! Max it and stake.
- After this confirmation, you are all set! Look! My LP is now earning 90% APR for me!! It will decrease quickly as people keeps injecting $PHIVE and $POLYCUB pair into this pool. But I guess something like 20-30% should be sustainable! Still a great rate for me!
Welcome this new chapter of HIVE and of PolyCub/Cubfinance/Leofinance and many exciting Defi services will arrive very soon!
Have you PolyCubbed or Cubbed^^ today?
Stay tuned ...
Posted Using LeoFinance Beta
