### Hello everyone,

The past week has seen lot of excitement on hive following the increased APR of HBD to 20%. To make things even better the @leofinance team jumped on it by introducing a pHBD pool with juicy and amazing APR with the PolyCub DeFi.

![2bP4pJr4wVimqCWjYimXJe2cnCgnGeryFyU2tgPUJbQ.jpeg](https://i.imgur.com/oflrmJp.jpg)

This is not only a good one for HBD but for the hive ecosystem. The purpose of this move by PolyCub is to create more liquidity for HBD and extend our stable coin to the world. Just like what Anchor is to UST, PolyCub intend to be just that for HBD.

I believe we are all aware of what changed the dynamic of Luna for the better. Their focus on their stable coin UST made a good impact on their price and overall ecosystem.

Imagine if we could get similar interest for HBD it would be exceedingly mind blowing for the hive ecosystem.

The purpose of this post is to show you the reasons and benefits of providing Liquidity in the pHBD-USDC pool. 

![PB8ro82ZpZP35bVGjGoE93K3E4U5KX8KtMBJ2rhrhtfSNBGeTsBovn8HzzDpKygrRYbFKsVDqN96BvrBuF6piDApFgszLeyo8vytbdh1uUFLrFEe.png](https://i.imgur.com/PBdNBWK.png)

### Here are reasons why you should provide liquidity

1. First of all you stand a chance to earn over 55% APR and 77% APY on the stable coin. Yeah you heard that right. Absolutely fascinating isn't it?. This is currently the best you can get anywhere.

2. Secondly, providing liquidity makes HBD available to investors looking to jump in on our stable coin. The internal market lacks the liquidity to welcome in DeFi whales looking to invest heavily. By doing on Polycub this problem will be solved.

3. Thirdly, low transaction fee and no risk of impermanent loss. The polygon network charges next to nothing to perform transactions. The Stable pools offers more security of your asset has there's no risk only benefits.

4. Lastly, by doing this you will be contributing to the success of hive ecosystem has this pushes us to the limelight and mass adoption 

![IMG_20220418_210255.jpg](https://i.imgur.com/x2h71Jq.jpg)

#### How to provide liquidity

1.  Visit the wrapping UI at https://wleo.io/hbd/ to convert HBD to pHBD. This post by the leofinance founder @khaleelkazi clearly explains the wrapping process [How to Wrap HBD to pHBD](https://leofinance.io/@khaleelkazi/how-to-wrap-hbd-to-phbd)

2. Visit the PolyCub farms https://polycub.com/farms. This post by @ph1102 explains clearly [How to add pHBD into polycub liquidity pool](https://leofinance.io/@ph1102/how-to-add-hbd-to-the-polycub-liquidity-pool-short-tutorial-with-images)
3. 
![IMG_20220419_060100.jpg](https://i.imgur.com/R1kxZG9.jpg)

The leofinance team has a great track record, they've shown that care for hive adoption by launching this. I believe there's still many to come for PolyCub and for Hive. I love hive, I believe you do too.

### Thanks for Reading

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jersteemit/why-every-hive-user-should-stake-phbd-usdc-if-they-want-hive-and-hbd-to-gain-mass-adoption)