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Polycub: Pay Attention To POLYCUB Before Switching To USD by taskmaster4450le

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hive-167922 · @taskmaster4450le ·
$175.29
Polycub: Pay Attention To POLYCUB Before Switching To USD
Polycub is a new animal.  This is a point that we have to keep driving home.  In these articles, we try to convey that idea.  Khal is doing it with his posts on Twitter and Leofinance as well the videos he makes.  There are others who are also following the same it.

There are many layers to **Polycub**.  We also have a number of phases that we will be going through.  At this moment, we are still in the distribution phase, aka Defi 1.0.  This is no different than most other yield farming projects we saw for the last couple years.

At some point here, in the next couple months, we are going to be in the **DeFi 2.0** stage.  That is the time when shifts will take place.  For that reason, we will have to realign our focus.

In this article we will cover what is taking place and how things are going to change.

![image.png](https://images.hive.blog/DQmbF5V1VKW5N9P5bxhKcss1mqBKhcaM7KfDMqtmC1kvepq/image.png)

### POLYCUB/xPOLYCUB Ratio

At the moment, the only thing that matters is the **PC/xPC ratio**.  The USD value is of no consequence now for long-term holders.

The reason why that is the area to focus attention upon is because we are in the period of high emissions.  Even now, after 3 "halvings", we are still see 2 POLYCUB per block.  This will decrease in 4 days, dropping to 1 per block.  After that, it halves each month going forward.

During this period, the protocol is doing no buying of the POLYCUB.  The emission rate is high enough where the xPOLYCUB, farms, and kingdoms can be paid out.  This will not always be the case.

The ratio is what tells us how much POLYCUB is entering the xPOLYCUB contract along with the amount produced.  Through some simple mathematics, we can determine the potential amount of xPOLYCUB that can be generated (right now 393,765).  

We see a pace of distribution which is still too fast for the market.  The price of POLCYUB, in USD, keeps dropping.  That is why we ignore the USD factor.  It is logical that it will keep decreasing.

Due to the 50% penalty on claims, the amount of POLYCUB going into the contract is steady.  This shows there are people **farming rewards**, and cashing out as soon as they can.  There is no waiting the 90 days.  The yield farmers (DeFi 1.0) are out in force.

Keep in mind, nothing about DeFi 2.0 is implemented yet.

### DeFi 2.0 Changes Things

When we get to the next few phases, we need to then start to realize who things are going to change.

The next evolution is going to be **bonding**.  This is not novel since other platforms have it.  At this point, we are still focusing upon the ratio since POLYCUB is still the criteria.  People are going to be scalping a few percent off the bonding moves they make, something that is paid in POLYCUB.  This puts more on the market, some of which will end back in the xPOLYCUB contract.  Some, however, could end up being dumped.

After that we will see the **collateralization**.  This is where the USD starts to enter the picture.  At that time, hopefully in 4-6 weeks, we will see people putting the value of their xPOLYCUB to use, at least a portion of it.  This is going to depend upon the value in USD.  The higher the USD, the better for the platform.

Of course, it might now be moving in an upward direction at that point.  It is hard to tell exactly when this will bottom out.

One thing we do know, the **protocol** is going to start buying POLYCUB once the emission rate slows down.  It is estimated this could come in June or July.  Once the rate is slow enough, the protocol is going to have to distribute the returns for the different farms and kingdoms.  Here is where we see the buy pressure steps in for certain.  

When the emission rate is a thousands POLYCUB per week, the denomination is not relevant.  At that point in time, it will all be **USD focused**.  How much USD is available to purchase POLYCUB.  The emission will be so small it is not significant.  Hence the shift in our focus is necessary.

### In Conclusion

At this moment, the emission is such that the POLYCUB in the xPOLYCUB contract is moving higher at a fairly rapid rate.  This is going to keep slowing as the pace of distribution starts to diminish.  

Since we have high distribution, the USD price of POLYCUB is heading down.  This is occurring at a speed that is pulling down the USD price of xPOLYCUB.  However, the system is designed to keep the ratio increasing at a pace that offsets it somewhat.

Ultimately, we will get to the point where the amount of POLYCUB put into the contract on a daily basis is minimal.  The value of that, in USD, however, will be much higher.  We are going to see the protocol garnering value in USD, something that it is going to have to spend on POLYCUB.

Without much of it out there, the price in USD has no direction to go but up.  This is going to be driven, in large part, by what is bonded over the next couple months.

Just consider what things look like if the protocol has a few million in it yielding 30%. When there is only a couple thousands POLYCUB issues a month, where is all that money going?  The answer it will have to buy POLYCUB on the open market.

Again, simple math tells us it won't take much in the protocol to make this a highly successful venture.

___
If you found this article informative, please give an upvote and rehive.



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@emeka4 ·
$0.17
I believe sooner or later the benefits will be worth it for every stakes been done by users
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@finguru ·
$0.20
As protocol acquires more liquidity (POL) we will move to more sustainability. If someone understands this basic concept, then they will realize how big of a goldmine PolyCUB is. Don't sit on it, start digging and farming ;) 

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@gangstalking · 
The operators doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved in the same discord groups around @fyrstikken and friends. Her discord is Battleaxe#1003. Shes in some groups with seemingly detached characters that dont even acknowledge the others in the group, looking oddly staged. She starts projects and does nothing with it or the delegations after its used to sway people. Like @steempowertwins does<------fake along with her @teamgood <------fake.  No substance in her comments and has a following that adores her for what? Life coach she is not nor is she insightful with any meaningful skills to follow. Ruler of pixie dust maybe? I would like for someone to show me but probably wont out fear maybe? @fyrstikken groups around him down voted me into censored and not viewable on my accounts as soon I told what they were doing.</br><br> I cant prove @battleaxe is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing V2K because she cant and could care less. I guarantee she knows this is going around and still wont prove it because she cant. Many of us here can prove what they have been doing to survive the past 5 years. What does she live off of? It definitely isnt in public view here.</br><br> I was drugged in my home covertly, it ended badly. They have been trying to kill me using RNM with applied V2K mental games while revealing as many accessories to the crime as they can. I bet nobody does anything at all. Ask  @battleaxe to prove it. I bet she wont. Pretty serious accusations to just blow off and leave the crypto community hanging in fear of this danger.</br><br> They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome. They should start by looking at the communications between the top witnesses of Hive and the connection to @fyrstikken groups. Google his fucking name and see where his other interests lie around at least once maybe? The connections between @fyrstikken groups and all the exchanges built for Hive? Bet that would reveal some crazy ball less nutty shit. Homeland security should start preparing for their own incarcerations seeing how sloppy this was done. Patriot act my ass. Think we are really fools? Bad position your not getting out of. Dont be last to blow the whistle. Who will protect you?<br></br><br><b>People in and around @fyrstikkens groups are reckless and should have shown the proper media what they had before taking me hostage for 5 long torturing years and counting. That is a long time to wait for someone to die.</b></br><br></br> What would you say while having a gun pointed at your head from an undisclosed location? Have people find it? My hands are tied while they play like children with a gun to my head. Its a terrorist act on American soil while some yawn and say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic threat. Ask informed soldiers in the American military what their oath is and why nothing is being done. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control that have ill intent. How do we protect locked up soldiers prevented from telling the truth from being treated as criminals? Not to mention civilians we let our leaders treat the same way. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism-terrorism
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@hjrrodriguez ·
$0.17
very good clarification friend that the most important thing about POLYCUB is not its price in USD but the layers in which this great project is wrapped, in addition to the fact that it is a long-term project with a view to the future.
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@ifarmgirl ·
$0.16
Thank you for this. At least it gives us a glimpse of what's ahead. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-2q34jb)
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@olami99 ·
$0.16
I believe that ,this is right time for me to keep watching it . because POLYCUB is a long time investment and all the stakeholders will laugh at the end.
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@oldtimer · 
Just watching?

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@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 99 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-98-and-start-week-99) just started...you can now check the winners of the previous week!</center><center><sub>15</sub></center>
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@shohana1 ·
$0.17
This really grabbed my attention and polycub deserves it. Polycub holders are wise and I wish they can get good profit asap.
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@shortsegments · 
I continue to peel back the layers of PolyCub each day. 
I will need to read this a few times to understand it clearly enough to explain it to others. Although I have jumped into PolyCub knowing it’s going to be successful long term, I am still learning. 
Thank you

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-taskmaster4450le-52jsbz)
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@techlhab ·
$0.17
Nice post @taskmaster4450le very educating. I never knew this much about PolyCUB but this post greatly enlightened me. It really worth investing in.

Thanks.

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@williamtboy · 
The polycub is get attracted to people and the ratio is high. That's while polycub USD is getting high

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-taskmaster4450le-48u29r)
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@yogajill ·
$0.11
Time will tell. Soon, we will know. This is quite the learning curve!! It's an intetesting adventure. I have to trust my initial great feeling about Leo. And, hope this is all going to work out awesomely for those who choose to participate.   Go Hive!!!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@yogajill/re-taskmaster4450le-65uzym)
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created2022-03-30 01:31:45
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root_title"Polycub: Pay Attention To POLYCUB Before Switching To USD"
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