vexPOLYCUB and Collateralized Loans in the PolyCUB Ecosystem

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    khaleelkazi

    Published on Jun 30, 2022
    About :

    In this clip from the Weekly AMA, we talk about Voting Escrow xPolyCUB.

    As we previously mentioned in the last podcast, vexPolyCUB is almost ready to be released.

    It's a locking contract where you can lock your PolyCUB for two years and use it in governance votes. Users who stake their xPolyCUB for two years will get 3x more Governance voting power per 1 xPOLYCUB token compared to someone holding regular xPolyCUB liquid in their wallet. Along with this comes amplified yield and higher earnings.

    We also touch on how xPolyCUB will work with collateralized borrowing - you lock up xPolyCUB in a contract and the contract will give you money in a liquid loan. As soon as you pay it back, you can get your xPolyCUB back.

    We talk about this and more in this clip from the Weekly AMA!

    About LeoFinance

    LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

    Our mission is to put Web3 in the palm of your hands.

    Twitter: https://twitter.com/FinanceLeo
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    Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
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    Web3 & DeFi

    Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

    CubFinance (BSC): https://cubdefi.com
    PolyCUB (Polygon): https://polycub.com
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    Tags :

    leofinance web3 leo blockchain crypto polycub cub polygon bsc ctp proofofbrain oneup vyb palnet neoxian

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