RE: How Are People Still Selling CUB? This is Mind Blowing.

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I was expecting another OHM-Like bonding mechanism where we would sell LP tokens for Polycub and now I have absolutely no idea how "protocol owned liquidity" even works on PolyCub.

I expected DeFi 2.0 and instead we got a slightly more complex farm. What am I missing here?

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hive-167922 leofinance
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Great question. Drop it in the discord and let me know!

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(Edited)

Already went through the docs and found out how it works. POL is generated from management fees in Kingdoms which are 10% of earned rewards... This is so tiny it will hardly make an impact on the price.

Based on my rough math PolyCub will have price-related issues in the coming weeks once people start selling for profit.

I will read through the docs one more time though, maybe I am missing something but I think this is why Edicted raised some concerns about the project in the first place.

Edit: Just checked on Discord with Khal. OHM-like bonding mechanism is coming but still not live.

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