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RE: Polygon Network Continues To Grow Perfect For CUBFinance

in LeoFinance3 years ago

Can you explain how you see this benefitting Cubfinance and the holders of CUB?

What is this going to mean to the Cub platform in your opinion?

Posted Using LeoFinance Beta

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I don't know enough about the rollout and the plans of it however what I do know or kind of have a feeling as to what will happen is what I can talk about for CubFinance DeFi and the Polygon network.

The IDO is going to allow CUB holders the ability to get in on Polygon, it's also going to start adding in swap options for more layer 2 tokens of Ethereum instead of it being Binance focuses. That means the ability to tap into 80% of the DeFi market that has mostly been missed with the current structure.

That also should open it up to swaps for other platforms. But more importantly I believe there will be a kingdom for it and that means huge possibilities for Polygon DeFi users to jump on board CUB.

While wLEO technically offers the gateway to Ethereum, in reality the fees restrict who can use the chain.

Like you've said, Polygon will make the Etheruem more accessible for the pleb masses like me.

Blockchain interoperability is the future and LEO is opening Hive up to the entire crypto world.

This is a very good thing!

Posted Using LeoFinance Beta

Exactly a HUGE plus, I think many people stay away from Ethereum at least myself in terms of transactions because it would cost me a good $50 just to make all the smart contract connections before even placing it into a DeFi platform lol. With Polygon I can do it for far less and Polygon itself has an expanding eco system so it's like tapping into two growing platforms for CubFinance.