It's been a little while since I did a post about Cub Finance. Nearly a month ago I got my dad set up and showed him how to stake CUB in Kingdoms for 45% APY, which he couldn't believe. He kept asking why more people were not taking advantage of this platform and all I could say is.. They just don't know.
Cub Kingdoms
If you aren't familiar or have never even heard of Cub Finance, it's a DeFi platform built on Binance Smart Chain BNB Chain by the LeoFinance team. It offers all the things you'd expect from a DeFi platform such as yield farming, staking, and a launchpad for projects. One of the major things that make it unique is that it's somewhat tied to Hive. CUB exists on BNB Chain, and Hive and can be bridged easily via Leo Bridge. Cub Finance is highly underrated because it offers some of the highest APY for staking and liquidity farming. The next big advancement is going to be PolyCUB which is going to bring DeFi 2.0 elements into play and create a new opportunities on the Polygon chain. $1 million worth of PolyCUB will be airdropped to CUB holders over 60 days starting when the platform launches as well so I hope you've been stacking up CUB. If not, you still have little bit of time but I wouldn't wait much longer as this thing could drop in a few days.
There's some key differences between Cub Finance and any other yield farming platform on BNB chain. Most of which have died or severely lost value. Those things are the hardcore community behind Cub and DeFi 2.0 elements such as Protocol Owned Liquidity. Along with the PolyCUB launch, we will see the launch of CUB bonding, which will be a huge opportunity for users. There's already huge incentive to use Cub Finance over other platforms like Pancakeswap as well. Assets you can stake on Pancakeswap like BTC-BNB LP tokens yield roughly 10% APY on that platform, but if you stake those same LP tokens on Cub Finance, you can get up to 25% APY. I'm not a huge fan of liquidity farming because of impermanent loss, but I do dabble. This is where the plethora of solo staking pools come in for users like me that want to set it and forget it. I stake CUB in the kingdom as it offers 36% auto-compounding APY. There's also a solo pool for CAKE offering 75%! Where the hell else are you gunna get numbers like this?
There's also solo staking pools for ETH and BTC via Belt. These assets offer 9% and 21% respectively. Even at these lower APY pools, if your crypto is just sitting... You might as well stake them in a kingdom to earn CUB. I'm sure a lot of you have played Splinterlands here on Hive, and you've probably been earning SPS and DEC from that game. Those can be LP'd too and you can earn even more free crypto from those passively.
Notice a pattern here? Compounding. Compounding. Compounding. Put your crypto that's just sitting in your wallet collecting dust to work. Turn that dust to more free crypto by using Cub Finance. One of my favorite features might just be the most simple one of them all. There's a link directly back to Hive/LeoFinance for people that have never heard of it. Front and center. This could drive a ton of new users to LeoFinance if marketed properly. Maybe offer an incentive to users that came from Cub Finance? People that start blogging on LeoFinance can also earn LEO that can be staked on Cub Finance. So you can earn even more passive income as you blog. How cool is that?!
These are just a few of the reasons that you as a crypto degen should consider using Cub Finance over any other yield farming platform. Stack them CUB and get ready for PolyCUB! If you've been using Cub Finance, I highly encourage you to take part in this contest for a chance to win an additional 600 CUB!
Thanks for reading! Much love.
Links 'n Shit
| Play to Earn | Read emails, Earn Crypto | Get free crypto every day | Get a WAX wallet |
|---|---|---|---|
| Gods Unchained | ListNerds | PipeFlare | WAX.io |
| Splinterlands | GoodDollar | ||
| Rising Star | FoldApp |
Posted Using LeoFinance Beta