Yes, that is exactly correct and where the "Self-Paying Loan" feature comes into play.
We will need to do a lot more content and deep-dives on how this contract that we built works. It's really fascinating but can also be complex to understand if you've never used a DeFi loan.
Self-paying collateralized loans are the future of DeFi and PolyCUB will be one of the first platforms to implement it.
Win-win-wins all around.
p.s. the interest that is paid for the loans is paid directly to the Protocol Owned Liquidity. It creates yet another mechanism for building long-term PoL and we didn't mention it in this official post to save some space. Truly amazing
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So in a nutshell, there's absolutely nothing to lose when basically, as an investor, the value keeps running back to you.
This is really a stepping stone, the numbers inevitably go up considering this. I'd say kudos, anticipating all the best.
Exactly. The key words here are value accrual. We’re creating a radical shift in the way value is accrued to xPOLYCUB hodlers.
Stability and growth over time is the name of the game for POLYCUB!
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Somehow your reply @khaleelkazi made me understand the mechanics better than the post... well both in combination is probably why really. I've never used DeFi loans, not yet and was going to look into it very soon! Funny you're rolling this out soon
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