Check Out The Provide Liquidity Week!

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Check Out The Provide Liquidity Week!

Going on this week here at LeoFinance and PolyCub is the Provide liquidity week in which you could win $500! In this article I'm going to go over the details of this contest and how it works.

PolyCub is a DeFi platform that runs on the Polygon(MATIC) blockchain. It's also the first and as far as I know only DeFi platform that has incorporated in Hive blockchain assets!

Those being
PHBD - A Polygon wrapped version of the HBD decentralized stablecoin
PHIVE - A Polygon wrapped version of the HIVE blockchain token
PSPS- A Polygon wrapped version of the SPS governance token of Splinterlands

Below I broke down into sections about how you can convert your HBD, HIVE and SPS tokens into a wrapped version of Polygon so you can use them on the DeFi platform.

The General Rules

Before you go thinking that you can't provide enough liquidity to these pools and stand no chance at winning YOU'RE WRONG!

This contest will work by providing a ticket system. For every $25 that you invest into any three of these pools you will get a ticket into the drawing for $500. There will be a total of 5 winners each getting $100 each thus increasing your chances at being a winner. But that's not all by providing liquidity you are also partaking in DeFi which offers huge APRs and rewards in itself the bonus price up for grabs is just icing on the cake!

For the full rules and details INCLUDING HAVING TO LEAVE A COMMENT OF PROOF YOU ADDED THE LIQUIDITY CHECK OUT HIS POST There's also a extra bonus in that post so be sure to read through it for even more rewards for taking an active part in the LEO ecosystem.

https://leofinance.io/@leogrowth/provide-liquidity-week-join-to-win-usd500-usd

How do you wrap HBD into PHBD?

Steps:

  1. Have Liquid HBD in your accounts wallet
  2. Visit WLEO.IO/hbd
  3. Copy your metamask wallet that has the Polygon Network added to it and add it into the form where it says Receiving Polygon Address
  4. For the amount type in the about of liquid HBD you have in your account that you would like to convert to PHBD
  5. Click Transfer and on the popup that shows type in your HIVE username and click ok. This will trigger the hive keychain to popup to verify the transaction on hive. Click to confirm it.

After a minute or so you will have pHBD added to your metamask account which can be combined with USDC and added to PolyCubs farm.

If you need help with getting PHBD and USDC combined click on PHBD-USDC on PolyCub Farm page and then click on Get PHBD-USDC LP. This will convert and give you the token you need to be able to stake it on the PolyCub Farm.
1hbd.jpg

How do you wrap HIVE into PHIVE?

Steps:

  1. Have Liquid HIVE in your accounts wallet
  2. Visit WLEO.IO/hive
  3. Copy your metamask wallet that has the Polygon Network added to it and add it into the form where it says Receiving Polygon Address
  4. For the amount type in the about of liquid HBD you have in your account that you would like to convert to PHIVE
  5. Click Transfer and on the popup that shows type in your HIVE username and click ok. This will trigger the hive keychain to popup to verify the transaction on hive. Click to confirm it.
    After a minute or so you will have pHIVE added to your metamask account

If you need help with getting PHIVE and POLYCUB combined click on PHIVE-POLYCUB on PolyCub Farm page and then click on Get PHIVE-POLYCUB LP. This will convert and give you the token you need to be able to stake it on the PolyCub Farm.
2phive.jpg

How do you wrap SPS into PSPS?

Steps:

  1. Have Liquid SPS in your accounts wallet
  2. Visit WLEO.IO/sps
  3. Copy your metamask wallet that has the Polygon Network added to it and add it into the form where it says Receiving Polygon Address
  4. For the amount type in the about of liquid HBD you have in your account that you would like to convert to PSPS
  5. Click Transfer and on the popup that shows type in your HIVE username and click ok. This will trigger the hive keychain to popup to verify the transaction on hive. Click to confirm it.
    After a minute or so you will have psps added to your metamask account

If you need help with getting PSPS and POLYCUB combined click on PHIVE-POLYCUB on PolyCub Farm page and then click on Get PHIVE-POLYCUB LP. This will convert and give you the token you need to be able to stake it on the PolyCub Farm.
psps.jpg

There you have it. Even $25 added in could win you $500 this week. Remember to check out the post and leave a comment to show proof at

https://leofinance.io/@leogrowth/provide-liquidity-week-join-to-win-usd500-usd

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Great, stuff 👍

Posted using LeoFinance Mobile

Thinking about adding up to the pool hopefully soon and help with the targeted liquidity :)

Posted Using LeoFinance Beta

Would certainly be participating

Posted Using LeoFinance Beta

thanks! we should all get on this!!

I will definitely try my luck and i might win

Posted Using LeoFinance Beta