Back with some Cub good news and new updates, been a minute since cub became the star of the show. Although the new token buy back and burn has been a great idea and for the fact that we get daily cub updates from the @cubdaily is great. This way we are updated about the happenings on cubdefi. The cub token has been down in terms of price, but then, you can invest on other opportunities on the platform and earn amazing yields. The opportunities have been expanded as there is a new liquidity pool which is the bHBD - bHive pool.
It’s quite great and easy to use, to learn how to wrap your HBD and Hive to bHBD & bHive, you can check this post. Having bHBD and bHive just gives you the opportunity to store your Hive and HBD on DEX wallets instead of leaving them on centralised exchanges like Binance, Huobi and the rest. We have seen how centralised platforms have been disappointing people recently, but guess who don’t have to worry about these centralised exchanges problem, the people that use a decentralised exchange.
Although I will always advice people to utilise Hive as it is also a DEX wallet and it’s decentralised, only if you keep your keys safe. Aside, the Hive blockchain, Binance SmartChain has been one of my best blockchains to use because of how fast it is, but we can’t compare it to Hive, mostly because Hive is fee-less. But it’s nice to see varieties and options of where you can store your assets. Hive and HBD are the two vital coins of the Hive blockchain having the opportunity of bridging them to other blockchains like the Binance Blockchain and the Polygon blockchain is an exciting experience the Leofinance team decided to bless us with.
The different token bridges is just a way of creating liquidity on Hive and bHBD across chains for those people that will love to get some without going through Centralised exchanges. Not everybody is comfortable going through the KYC(Know Your Customer) process. This will let them get some Hive HBD without KYC.
Posted Using LeoFinance Beta
