LeoFinance Weekly AMA | pHBD, Collateralized Lending and The Future of Web3

In this episode of the weekly LeoFinance AMA, we talk about all things Web3 and stablecoins. There is a lot happening in both of these spaces and LeoFinance is on the bleeding edge of them with the newly launched pHBD (Polygon Wrapped HBD) token on the Polygon blockchain and our continuous development of the flagship social media apps: LeoFinance.io and LeoMobile.

We're gearing up for major releases in the coming weeks and months. You may have seen the latest dev update from the team this morning - https://leofinance.io/@leofinance/leofinance-weekly-development-update-or-facebook-hive-lite-accounts-added-leomobile-v0-6-xpolycub-governance-and-phbd

If you haven't yet read that, I highly recommend it. We have so many amazing projects in the works and so many updates to be rolled out to our apps. Exciting times!

 

 

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
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd

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
LEO Wrapping Bridge: https://wleo.io

Posted Using LeoFinance Beta



0
0
0.000
74 comments
avatar

Discussions in that edition of LeoFinance AMA was quite intriguing. Expanding the base of pHBD pool will help make some great moves with POLYCUB.

While we love the positive side of crypto volatility, however, the stability will win more hearts that is why pHBD pool would certainly reach the anticipated $5 million locked value.

As for LeoFinance development, there was no better time for these improvements to be rolled out than now. All eyes are glued on LeoFinance and its good because the delivery is worth the trust.

Posted Using LeoFinance Beta

0
0
0.000
avatar

"Expanding the base of pHBD pool will help make some great moves with POLYCUB."

pHBD has shown the team some interesting things about how PolyCUB is designed. We're going to release some interesting stuff in the sooniverse that is going to shift the entire platform toward revenue-generating vaults in a big way.

I can't wait for the team to unveil it.

"All eyes are glued on LeoFinance and its good because the delivery is worth the trust."

🙏🏽🦁

Posted Using LeoFinance Beta

0
0
0.000
avatar

The very beautiful part for me in the wrapping/unwrapping of HBD is that on Polygon is that POLYCUB now offers the new arb opportunities for all Hive tokens.

WHen SPS takes the lead, I'm hopeful that other communities will follow and that will lead to a more healthy Hive price since the tokens would have other sinks off the Hive market.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yeah I think it will be cool to help a lot of Hive-based communities build pools on PolyCub. This will be - for many of them - their first foray into the world of DeFi

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think PolyCUB will be in a much better position with new upcoming features.

When the pHBD pool reaches a locked value of $5 million, incredible good things will happen to both PolyCUB and the Hive ecosystem. I hope this goal can be reached sooner than expected.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Indeed. Even at $1 million, we can begin to see how awesome POLYCUB is.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The first target is $500K. That will open a few eyes.

Then the $1 million should be discussed.

Lending can help since people can use the value of the xPOLYCUB to help direct it to the LP.

Posted Using LeoFinance Beta

0
0
0.000
avatar

We’re approaching a model that looks a lot like Thorchain where value is captured into the PolyCub token from all angles. This is a 180 degree change from where PolyCub is at right now. PHBD led the charge on this and showed us what is truly possible

Posted Using LeoFinance Beta

0
0
0.000
avatar

PHBD led the charge on this and showed us what is truly possible

It would be helpful is you posted some daily stats about the pool and number of transactions. That would make for something for people to watch and then spread the word.

Even if you post it on Twitter and let us link it all over the place.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The newer features are enhancing the value of what is already there. This is why it is key to have a foundation in place and build up from there.

We are seeing the DeFi 1.0 attributes starting to feed into the next generation. When we get bonding and lending, then we will move to even greater heights.

Keep moving forward is always the way.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It is a progression. That is what people need to understand. As long as we see things moving forward, we will get to the point of explosion. We dont know when it will come, or even what sets it off.

However, I followed convergence long enough to know that is when exponential happens.

We just have to keep filling up each layer as much as we can.

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is truly so much happening at Leofinance. Now we have this voting, if reduced from 90 to 30 days. Then it queued into a time lock, within 1 hr can be transacted. The UI can display it, so much improvement is amazing !

0
0
0.000
avatar

Yes! The face that we now have governance live on PolyCUB is mind-blowing. The features are being rolled out so quickly.

When everyone sees what's been cooking up behind the scenes for PolyCUB, we're going to see a radical shift in what everyone thought possible for the POLYCUB price. I'm excited for the team

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is a lot there. Confidence comes from building. Just keep focused on the expansion and new features and let the rest fall where it may.

Leofinance is being ignored right now. That will not always be the case.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I'm yet to watch this AMA before commenting but when I see collateralized lending, that's hallelujah.

If there's any other special feature aside pHBD in PolyCUB, it's collateralized lending.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The direction PolyCub is heading is value accrual on all sides of the pools. Right now, things like Kingdoms don’t offer as much value accrual as we expected, the upcoming change to the platform is a full 180

Posted Using LeoFinance Beta

0
0
0.000
avatar

That will be another big step forward. It will actually leverage a few of the recent additions. That is how I believe we will see a radical jump in things. We are stagnant now in terms of price but a few things happening at once could mean a marked turn around in that area.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yeah the price is where it is, although some people are already getting spooked and are dumping the project, hope the price gets encouraging to pull in the faith and hope in PolyCUB.

0
0
0.000
avatar

Well the price is settling down. However, an increase will help the entire platform.

We are getting close. Emissions are dropping again soon. A lot going on with Polycub.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Everything is simultaneously happening on all fronts, pHBD but the best thing is how we're still concentrating on building leomobile, the sign-up options and of course, stilll marketing polycub.

0
0
0.000
avatar

That is the cool things. It seems like we are going in many different directions in a chaotic way. Well perhaps we are. But that is how complex systems grow.

There is going to come a point where it will all converge. And then we get exponentials.

Posted Using LeoFinance Beta

0
0
0.000
avatar

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

I absolutely believe that will happen. Already your work and updates prove it.

I think WEB 3 and DeFi will be better shaped around LeoFinance in the future. LeoFinance AMAs really raise the excitement in the community.

There are great opportunities at LeoFinance, definitely everyone in the community should be aware of that.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The convergence of web3 and DeFi - socialFi, if you will - is radically reshaping power dynamics in the global economy. I’m glad leofinance is at the forefront of this

Posted Using LeoFinance Beta

0
0
0.000
avatar

We are as happy as you are because of this. It feels really great to be a part of this community.

Posted Using LeoFinance Beta

0
0
0.000
avatar

DeFi is going to be incorporated into most everything.

People do not realize what is coming. Leofinance is adding to the pile by jumping on early. A lot taking place that will enhance the value of the entire ecosystem.

Posted Using LeoFinance Beta

0
0
0.000
avatar

They will realize this sooner or later. But those who realize this early will be more prepared for the future. In order not to see this, one has to look blindly to the future.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Leofinance is right in the middle of it all. You would not believe how the vision expanded.

We came a long way from a tokenized version of SeekingAlpha.

Posted Using LeoFinance Beta

0
0
0.000
avatar

At the moment, I don't see any other future-oriented and innovative platform like LeoFinance. I'm already very excited looking at the latest developments and I'm almost certain that LeoFinance will look much better in the future.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I am unable to comment on Leofinance. It's been like that for a few days now. So I am using Ecency. Is any other user having the same problem !

0
0
0.000
avatar

Nope. I find no problems.

Clear your cache. Actually try CNTR R first and then clear the cache.

Just a thought (or two actually).

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thanks for reply. I'm using Leofinance app on the smartphone. Settings don't have that. Perhaps if I open it in a browser like chrome, maybe that works. I just use Enency for the moment !

0
0
0.000
avatar

An hour long AMA, right before bedtime. Awesome.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I lose sleep when I'm excited :) I need to find a solution to this.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I lose sleep either way. Excited, depressed or whatever doesn't matter. 5 hours is the maximum I get these days. It has been going on for about a year now.. I should probably take some pills.

Posted Using LeoFinance Beta

0
0
0.000
avatar

You replied 36 hours later :) did you just wake up? lol
The pill stuns, I don't like it.

Apple keeps me awake, I discovered that.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I had to sleep because of work. Got around 4 hours of sleep before going to work for 10 hours. I went straight home after work, ended up eating and going to bed again to be back at work 6 hours later.

Now I'm off work for roughly 14 hours before work, but I need to eat, sleep and whatever during that time..

Posted Using LeoFinance Beta

0
0
0.000
avatar

We all need these. I'm just kidding. Due to my job, I use the computer most of the day, so I can spend a little more time here.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

Immediately I will introduce a friend or two to onboard through the new Facebook features. this is very interesting. thanks for sharing.

0
0
0.000
avatar

LeoMobile is aimed at the content consumer experience. During the LeoMerge process, you'll see LeoMobile continuously become more and more friendly to people who want to sign up, sign in and read & curate content on their mobile device.

This is good and will help many users through the LeoFinance onboarding process into hive. We're expecting more from the Lions

0
0
0.000
avatar

Really exciting and packed AMA session. Watching this heightens my believe in the future of leofinance and it's other projects. It's nice the treasury is building up slowly. Hope to see the TVL for the pHBD pool hit $5million. That would spell great things for PolyCub alongside with it's upcoming features release.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Leofinance has the long term perspective. One thing about Khal, he is not looking at where things will be in a week or two. He is focused upon building something that stands out 10 years from now.

And we are all helping that along.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Interesting AMA and great watch. Awesome level of progress all from you guys. I trust Polycub to do quite well with emission going flat, revenue building, lending and bonding release. I'm Overall bullish on what is to come

Posted Using LeoFinance Beta

0
0
0.000
avatar

It makes sense as a design to me. This is going to be fun to watch. Another few weeks of where we are and then emissions really drop.

From there we will see how the revenue building accounts for itself. Hopefully it will show up quickly.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Nice build in momentum for polycub with the stable pool gaining traction. pHBD pool at 5million would move things a great deal. Also with governance in play and many features in the sooniverse I see a shift happening soon. Can't watch to see the team unveil what it has been cooking

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is a lot being added in terms of features to the Polycub platform. That will really help over time. I am hoping we get some nice price movement starting at the beginning of May.

A platform like that is enhanced with the value of the native token going up.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Great build! Gave me a lot more clarity on LEOinfra. I'm onboarding a trading community to HIVE and the biggest issue has been finding a quick, user-friendly process. The twitter and fb "lite" options definitely seem like my best bet. Plus based on the niche I think LEO is a great place to introduce them to HIVE.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I'm onboarding a trading community to HIVE

That is great. How big a community is it?

Onboarding is still a rough issue for the ecosystem. I look forward to you reporting back how easy it was to get them started on Leofinance.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yea the community has about 2900 members at the moment (discord) and possibly more on social media.
Im still working with the organizer on the front end page before we actually present it to them but Im definitely open for any suggestions because I dont want to drop the ball with a community this large.

0
0
0.000
avatar

Always good to see updates especially as things are moving ahead so quickly. The tentacles are spreading rapidly. Keep the updates coming.

As for Polycub, it is a gem. We are only beginning to see the potential. It can be an epicenter of value through transactions that wont take place elsewhere. Adding HE pools could really generate revenue and make the xPOLYCUB holders very happy.

Posted Using LeoFinance Beta

0
0
0.000