For some time, I've just been a mere spectator and a cheerer to the pHBD & pHive liquidity pools on Polycub. Not that I didn't like them, but my limited resources was one factor that I didn't jump at the first chance when the pools were deployed.
Today, an opportunity opened up via my Binance account and so I decided to take it and start my Polycub farming journey.
But before that let me share a wee bit of the adventure going through the security measures of Binance which I kind of appreciated.
They have a verification questionnaire which reminds anyone of the basic steps to stay SAFU. These are actually common sense measures but for whatever reason, some people still fall prey to scams.
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Anyway, after answering the short questionnaire correctly, the withdrawal order can now be submitted.
And of course, there's the additional layer of protection with the Email, Phone and Google Auth verifications.
And within a couple of seconds (not even one minute), the funds were received by my designated Polygon wallet address. It may seem that the security measures are a bit too much for a small transaction but I love that these were in place by the exchange.
From there, I went to add the pHBD-USDC pair via sushiswap. I chose that pair because the market is still wonky. I then headed to Polycub to enable the pool and stake my share.
And so my journey with Polycub's farms has officially began today. Although I have been staking on the xPolycub pool, this is my very first liquidity farm in there. I'm a bit excited to see how it goes from there.
And that is my wee contribution to the goal of increasing more liquidity for the Hive Backed Dollar (HBD).
Thank you and stay SAFU! Have a wonderful weekend!
Photos are screen captured via Binance and Polycub. No copyright infringement intended. 140522/12:05ph