xPolyCuB Collateralized Lending function

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The first time I came across the word Sooniverse was an article I came across while on the Leofinance platform which is Web3 oriented and you earn while you engage in activities on the platform.
The PolyCub franchise is a project form their stables, which their also looking at creating a universe which will be digitalized, and introduce Non Fungible Tokens (NFTs).
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In a short clip which we were duly informed that the team is trying to introduce an xPolyCub lending function to Sooniverse, the Sooniverse which has no set release date seems it’s something still futuristic. So the the team is trying to explore two design models which they explained how they intend to go about it.

One of the these models is the lend synthetic which it’s assets are backed by the assets which are available in the treasury, another interesting thing is while these assets are held in treasury they will still be able to earn yield and this process will help reduce the APR on these assets that are lend out.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity.

Posted Using LeoFinance Beta



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