Simple guide How to get aboard the pHBD-USDC liquidity pool pair.

about 2 years ago

Hello Hive

This came much earlier than expected as the leofinance team and Khal announced this project not more than a week ago to Create the largest liquidity source for HBD.
You can now farm HBD in form of pHBD now paired with USDC both stable coin. One of the fastest and speedily executed projects I have witnessed and must commend you guys for all the work put up there.

Been someone who likes to be a front liner of a new project I looked into how I can staked some pHBD and USDC liquidity pool pair and this is how i got aboard.

Bearing in mind that the summary of all this is to get some USDC along side Polygon HBD (that is HBD in the polygon block chain).

Pairing your USDC to the pHBD on sushiSwap in order to stake it in the pair of their liquidity pool on polycub.

Add the pHBD (polygon HBD)

token address

Using a trust wallet.

Added the token address both on my trust wallet and SushiSwap where I would be adding the LP on polycub.

0x6d969cea201e427d2875724fd4e8044833fbc7f4

Trust wallet

SushiSwap or ParaSwap can be used as desired.

Wrap your HBD to pHBD.

Here is the simple bridge to get this done

https://wleo.io/hbd/

Unlike the leo to pleo bridge that you confirm the transaction converting leo to polygon leo with hivesigner in this format

Wrapping HBD with this bridge may leave you with a message to either transfer with hivesigner like some did while for others you simply transfer HBD from your hive wallet to @p-hbd wallet using your HBD polygon address as the memo. (The same pHBD token address you added to your trust or metamask wallet)

The instructions was a bit challenging to process, not until I meet with an initial first hand post from readthisplease. Mystery solved 😁

Both USDC and pHBD in wallet.

You equally add exact amount of USDC to your wallet and having those two tokens, the final step is to visit polycub.com and find the pHBD and USDC liquidity pair under farms.

Add/get liquidity through sushiswap

And stake

That is a very tiny part of the liquidity pool I had staked to go through this tutorial. And would be willing to transfer more of some HBD earnings into this pool since it is worth it to keep/farm HBD. Aside farming polycub this is one interesting stable coin to look into considering the percentage farming APR.