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xPOLYCUB To $100: More Convinced Than Ever by taskmaster4450le

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· @taskmaster4450le ·
$68.09
xPOLYCUB To $100: More Convinced Than Ever
It is fun when people make bold claims.  What is also interesting is to see how these unfold over time.  Let's be honest, a lot do not age very well.  

About three weeks ago, I posted [xPOLYCUB Collateralization: Now We Will See It At $100](https://leofinance.io/@taskmaster4450le/xpolycub-collateralization-now-we-will-see-it-at-usd100).  This was something that many scoffed at then and, quite frankly, doesn't look much better now, at least in terms of the price.

Without knowing exactly what the price was at that time, we can presume it has done nothing but go down.  The price of **POLYCUB** collapsed, going from $1.30 to under 30 cents.  In the investing world that is called "ouch".

So why am I now more convinced than ever in $100 xPOLYCUB?

In this article we will go through it.

<center>![image.png](https://images.hive.blog/DQmbZQ8iVkfQ2xH3si5RTsMzYbsC6gDqpJ3RX2oWWR8onUg/image.png)
[Aource](https://tse1.mm.bing.net/th?id=OIP.qdnD50NTKeaMybEXYF5iegHaDb)</center>

## The Design Is Going According To Plan

With Polycub, you have a platform going exactly according to plan.  So far the team is right on with their assessment.  

This might seem like an odd statement considering the price crash.  Many will take that to mean it is something that was planned.

Well, nobody knows exactly how a market will react.  However, when you have high emissions on a token, it is likely to fall.  In DeFi, when the APY's start to decrease, people start to dump the token and bail.  So the fact that POLYCUB dropped so much isn't completely surprising.

What we much focus upon is the fact that **xPOLYCUB**, while down a great deal, suffered a much smaller decline.  That went from about $15.00 to just under $6.00.  Sizeable move to the downside?  Without a doubt.  However, less than the 75+% reduction in POLYCUB.

The reason for this is the ratio.  This is something we discussed regularly.  Here is where the "always go up" aspect of the platform comes into the picture.

Here is where it sits right now:

<center>![polycubratio.png](https://images.hive.blog/DQmYm6M7xxu92RLYckKkiftRD91cTEKuvjYVbp8nhrMic94/polycubratio.png)</center>

When the platform went live, this sat at 1.  That is a 20x in a little over 5 weeks.  We now see this slowed to a snail's pace as the emission rate dropped along with the claim penalties.  

The fact the ratio went up means that each xPOLYCUB is now representing more POLYCUB, although each of the latter is worth less.  This makes the former decline in price, just not as much.  

What is vital is what happens if the price of POLYCUB reverses and starts to head higher.  Then both the ratio and USD price will be moving in the same direction.

But what could cause this?

## Defi 2.0

As stated earlier, everything is going according to the design.  One challenge is that what we are seeing is nothing more than a typical DeFi operation.  Dozens (if not hundreds) of projects followed a similar path.  They all ended up in the same situation: a near worthless token.

To avoid this, the team is incorporating what it is calling **DeFi 2.0**.  Here we see optimization, bonding, more LPs, and lending entering the picture.

Much of this is designed to feed the **Protocol**.  Through the bonding process, as an example, part of the asset in the liquidity pool will be "sold" to the Protocol, ensuring permanent liquidity.  Also, the Protocol is also the recipient of the yield that is paid out on that share of the LP.

Another vital factor is the recent announcement of a [pHBD vault being built on Polycub](https://leofinance.io/@leofinance/hbd-interest-rates-are-now-20-or-we-re-building-a-usd5m-liquidity-pair-for-hbd-usdc).  This is going to provide liquidity for the recent increase of interest on HBD savings.  More importantly, it joins the Hive and Polygon (and soon BSC) chains.

Here is where the Protocol is further enhanced by the fees generated from the swapping of tokens between pHBD and HBD.  Each time this occurs, there is a .25% fee.  This ends up going right back into the vault, generating more fees.

The point is that we are going to see buy side pressure of POLYCUB from the Protocol.  Over the next couple months, this is going to happen.  Right now, we are just seeing the result of market action absent this influence.

It is no surprise that some of us think the addition of pHBD to the vaults is going to separate Polycub from most of what is out there.  This was an idea covered a week ago with [How Much Will pHBD Help Polycub?](https://leofinance.io/@taskmaster4450le/how-much-will-phbd-help-polycub).

We will have to see what the interest is when this pool opens up.  However, if it starts out strong, this could be an indication that we are going to see a lot of fees generated from this vault.  That is going to help feed the entire system.

So yes, I am not more convinced than ever we will, at some point, see **$100 xPOLYCUB**.

Hopefully in a year or two, this will age well.

What are your thoughts?   Let us know in the comment section below.


___
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@boscohage ·
It's only glaring what pHBD-USDC bonding effect would have on PolyCUB.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@boscohage/re-taskmaster4450le-2maetv)
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@coinfactor ·
$0.08
You bring so much honest analysis about polycub as always and I appreciate it as always. 

The ratio will move higher and yes, xpolycub to be at $100, will not be a surprise for me. 
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@taskmaster4450le ·
We will see how the other features that are being added do.  They are crucial.  We need a lot to take place for this to come into being but it seems the team is intent on building them.

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@coinfactor ·
❤️👍
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@curatorcat.leo ·
$0.08
To be honest, prior to the HBD announcement and the yield increase to 20% I was starting to scratch my head a little wrt POLYCUB. As I was doing yesterday when I went back over my records *(I keep track of this stuff, daily)* to a time when it seemed like $2.00 was *"a steal"* for the original CUB tokens... which have slowly drifted down to the 15 cent area and *partially* prompted yesterday's post. 

With HBD in the mix, I feel more positive about xPOLYCUB and CUB Defi again... but my original question from *way back* remains hanging in the air: Who *away from the Hive ecosystem* is actively investing in CUB products? Because I just don't think it will be *enough* to rely entirely on investors who are already *on* Hive/LeoFinance... supportive and dedicated as we might be, it's a *VERY small pond,* in the greater scheme of things.

=^..^=

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@taskmaster4450le ·
>Who away from the Hive ecosystem is actively investing in CUB products?

How many billions in anchor tied to UST garnering, now, just under 20%?  Dont you think those some of those people are going to be interested in HBD?  There is what, $9 billion TVL or something huge?  So to get $50-$100 million to Hive doesnt seem like a lot.

Now, where are they going to get all the HBD from?  That is where the liquidity issue comes in.

As for the rest of Polycub, keep in mind the Protocol has not done any buying. So the more we offer, the more people have to use.  At the end of the day, the Protocol is going to be providing some of the liquidity, garnering the fees and payouts, and feeding that back to the vaults and xPOLY holders. 

The missing piece is the fact we are not to Defi 2.0 yet.  Still operating on the first version, which Cub is.

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@curatorcat.leo ·
$0.08
Indeed... there is a *lot* of funds out there. 

I suppose one of the things that remains a bit fuzzy to me is what the *protocol* for issuance of HBD is. So let's say we have $100 million eyeing HBD with interest. We don't *have* 100 million HBD that magically appears just because someone shows up with cash... or *do* we? There's obviously some mechanism that governs the circulating supply of HBD... so — *liquidity aside* — how much HBD can even be sold? Or traded?

=^..^=

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@emeka4 ·
$0.08
Regardless of the present cub is definitely not an issue but a good time to invest more Cubs for future purposes

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@taskmaster4450le ·
Might be.  I am focused upon xPOLYCUB at the moment so I cant comment on Cub.  But if you believe what the team is doing and what Polycub is producing, then CUB could be a smart move since it will entail getting the airdrop in other projects that replicate Polycub.

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@hjrrodriguez ·
$0.08
sometimes we are slaves to our words when making statements which are not maintained but with POLYCUB many I imagine have felt a little sad to see it drop in price in #USD when the important thing is to know that the project is going steadily you just have to leave it evolve and advance over time.
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vote details (1)
@taskmaster4450le ·
The drop in price of POLYCUB is a bit discouraging; the price in xPOLYCUB, less so.

We are now getting close to the time when the second part of the equation is going to be implemented.  We will see how long it takes.  At least we know we have another halving in 3 weeks or so.

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@hjrrodriguez ·
you have to wait those three weeks and see the behavior of the price in #USD of POLYCUB the key to all this is patience
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@jfang003 ·
I don't know if pHBD/USDC vault will really cause anything new to happen besides adding more liquidity to HBD because HBD is only used on Hive. If we had markets accepting pHBD or other ways to pay for things using pHBD then I think might help. I guess using one of those HivePay plug-ins might help but do they even accept pHBD when it comes out?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-4mggrq)
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@taskmaster4450le ·
Why would Hivepay tied into pHBD when they accept HBD (at least I think you can use HBD on Hivepay)?

And the vault will add transactions which means fees.  That is what will help to feed the Protocol along with the swaps between HBD and pHBD.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-4g13su)
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@jfang003 ·
Well, my idea was that having pHBD would allow for people to pay using the Polygon network but I guess there are other alternatives so it may not make as much sense.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-688rpf)
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@niallon11 ·
$0.08
With the airdrop almost over, now is the time to buy some polycub far anyone that believes in the long term goal of the project.

I don't see the token price dropping too much lower but xpoly is going to keep rising slowly upwards from here on out and net a profit over time. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@niallon11/re-taskmaster4450le-5vbre4)
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vote details (1)
@taskmaster4450le ·
Yeah maybe 4 weeks left in the airdrop.  The first week in May is when it ends.  Perhaps only 3 weeks.  

We also get a halving in a little over 3 weeks.  Both of those will certainly make POLYCUB much scarcer.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-niallon11-5h7alp)
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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 101 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-100-and-start-week-101) just started...you can now check the winners of the previous week!</center><center>!LUV</center><center><sub>12</sub></center>
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@luvshares ·
@pixresteemer<sub>(1/5)</sub> gave you LUV. <a href="https://peakd.com/@luvshares/about" style="text-decoration:none"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/AKU7oyCXxGwYyudB42kJ7JtoZ63bdeHvm4icoT9xdGNxA4i4BwudGyPvTQrEwPd.gif"></a> <a
    href="https://crrdlx.websavvy.work/" style="text-decoration:none">H-E tools</a> | <a 
    href="https://discord.gg/K5GvNhcPqR" style="text-decoration:none">discord</a> | <a href="https://peakd.com/c/hive-159259">community | <a href="https://ichthys.netlify.app" style="text-decoration:none"><><</a>
<br><center><a href="https://peakd.com/nftforpeace/@hivebuzz/nft-for-peace" target="_blank"><img src="https://files.peakd.com/file/peakd-hive/luvshares/242henrWsje7ivLwY3jxy15af3LJqvUzEmrEKAViGAowE1XsPqkDUuQ6QnwYpVJUWKN7c.gif"></a><br><a href="https://peakd.com/nftforpeace/@hivebuzz/nft-for-peace" target="_blank">HiveBuzz.me NFT for Peace</a></center>
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@rtonline ·
$0.08
I believe xPOLYCUB will reach $100. Looking at the latest developments, it is clear that xPOLYCUB will be stronger than before. We are still at a very early stage and the coming times will be even more exciting.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rtonline/re-taskmaster4450le-7wt6fy)
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vote details (1)
@taskmaster4450le ·
We do have huge opportunities.  I think this thing will unfold quicker than people think.  The next couple months will really see a shift.  At least that is my hope.

And yes I know, hope is not an investment strategy.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rtonline-6lcs8f)
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@taskmaster4450le ·
$0.62
If you do not know what **Polycub** is, here is a great introduction to it.

* [Introducing PolyCUB | Preparing for Launch, Tokenomics, Airdrop Details & Partnerships](https://leofinance.io/@leofinance/introducing-polycub-or-preparing-for-launch-tokenomics-airdrop-details-and-partnerships)

We can see how **DeFi 2.0** is starting to enter the picture.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-taskmaster4450le-4ftrv8)
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vote details (2)
@uyobong ·
> We can see how DeFi 2.0 is starting to enter the picture

It's exciting it started on Hive blockchain.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uyobong/re-taskmaster4450le-2xwsvr)
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@taskmaster4450le ·
Well it started, technically, on Polygon.  But the ties to Hive are obviously.  Khal and many members of the team are Hivers (Hivians?).  

So yeah we are having a hand in this.  I hope you have a fair bit of xPOLYCUB for your financial future.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-uyobong-52swdf)
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@uyobong ·
$0.08
> So yes, I am not more convinced than ever we will, at some point, see $100 xPOLYCUB.

I'm also getting bullish  about XPOLYCUB and its journey to $100 especially as Khal gave a convincing word about POLYCUB going to $5.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uyobong/re-taskmaster4450le-49xyuy)
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vote details (1)
@taskmaster4450le ·
In a couple weeks, we will likely see the ratio at 21.  If Khal is right, $5 PC means $105 xPC.

That would be huge.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-uyobong-jlfgm)
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@uyobong ·
$0.08
Very factual thoughts here. I'm also bullish about POLYCUB. I'm doing a gradual push from my earned tokens from Hive and LeoFinance to build my POLYCUB holdings.

Khal's recent post has re-affirmed my confidence on a $5 POLYCUB and understanding the value of "XPC/PC always go up" would motivate anyone to stake more POLYCUB to XPOLYCUB.

The journey just began.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uyobong/re-taskmaster4450le-5heg8y)
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vote details (1)
@taskmaster4450le ·
The ratio is working as designed.  We still are in Defi 1.0 though since there is no Protocol buy pressure at the moment.  We will see what is added in the next 5-6 weeks.  By the end of May, I think we will really be singing a new tune with **Polycub**.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-uyobong-7fz6gh)
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