Is is Good time to Invest on PolyCub?

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@alokkumar121·
0.000 HBD
Is is Good time to Invest on PolyCub?
Its been a while since I checked the price for POLYCUB last time and when I checked last time, the price was approx $0.04. Today I checked the price and I am surprised to see that now its below 0.02 and which was not expected. To be honest I never expected this price for this token that brings a lot of functionality and potential for the investors in DeFi protocol. 

![image.png](https://images.hive.blog/DQmU7NcwwZWaKqAS7MHJHyvrp67Bu8CJf4AQgA1mRyLtEP1/image.png)

#### What is PolyCub

This is a DeFi protocol built on the polycub network. This is the second project launched by leo finance and there has been a lot of development in the past. It is one of the investment platforms where we can earn rewards with stable coins which is a good way because we need not worry about impermanent loss. There are multiple things that can be explored for a better investing experience and even better profitability but now seems things are just the opposite. 


#### Reduced Total Value Locked

The total amount of liquidity has also got down which simply means that people have taken out their funds. This is a normal phenomenon when sometimes we see a spike in the total log value and sometimes it goes down. The current total locked value in this project is less than 300k across all farms, Kingdom and xpolycub. I am not sure what update this team is doing behind the scene to add more value. I have also not seen any posts related to the upcoming things on the platform but if there is something that I am missing then for sure it could be a good buying opportunity.

![image.png](https://images.hive.blog/DQmbunu9KM3hxDdR5Hc4h8osztF3DRUjpr6NpmkTTbbATRB/image.png)

[src](https://polycub.com/)

#### Time to buy polycub?

I believe that team must be working on something that can be a good trigger to bring more attention to this platform and if that is the case then for sure this is a good time to buy more. I am not sharing any financial advice here but if you are planning to invest then please do your own research and study the project first. The current price is definitely a bottom because I don't think it can drop because it is already too low. I just hope things are back again in action as the initial road map was going great with the long-term strategy for the protocol as well as for the investors. 

![image.png](https://images.hive.blog/DQmQf2dcBmhuq9mrJvN1wPKTbytEza3gcbfGtwtF4mKc9SE/image.png)

[src](https://coinmarketcap.com/currencies/polycub/)

We are in the bear market which means the entire market is affected by the market sentiment so the low price for this coin is not a surprise. I have not decided whether I will be investing in this coin as of now but I will try to be more active on the updates side. Maybe I am missing something on top of updates because it's been a while and if I find something which is good progress on the project then I will plan to invest something in this token at a low price. I am not sure what amount I'll be investing in it but based on the potential and the future road map I will decide and execute accordingly. 

I am an early investor in this project and I participated in the stablecoins pool where the reward was very good and at that time even the price was nice for the native token. Let's see how things will be unfolded in the coming weeks and months and if there is something cooking behind then we are going to see some positive movement on the price. DeFi is a great way to investment in the Crypto market and this project has proven in the past that it has the potential to go a long way. 

***Thank you*** 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@alokkumar121/is-is-good-time-to-invest-on-polycub)
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,