I know that we have all been focusing on polycub for quite some time now because, it’s the baby defi of the family. Sometimes I wonder what the faith of cub finance is after the 60 days polycub airdrop elapses. Cub finance is on Defi 1.0 while polycub is on Defi 2.0, cub finance is on Binance SmartChain, while polycub is on polygon blockchain. Cubfinance has the staking and liquidity providing feature but polygon has those features and more with more up coming features we are expecting soon.
I’m here to call your attention that while we are chasing the polycub bag, we should still check out the cubfinance bag. Cubfinance is very easy to use, with your Metamask or trustwallet, you are good to go. But I use trust wallet while accessing Cubfinance. I have talked about my best feature on Cubfinance numerous times and that is the Cake kingdom vault feature.
With the Cubfinance auto compounding feature, I don’t need to worry about always coming to claim my rewards and staking them, Cubfinance handles that part for me automatically. So I have been really unbothered about my CAKE stake. The last time I checked, the price of CAKE was falling to $6, so I decided to stop checking the price of CAKE and just let my asset auto-compound. CAKE last all time high was at $40, this means that’s it’s way cheaper than it is. This is another proof that price doesn’t determine the faith of a project. If the price of pancake token can dip to $6 all the way from $40 and still be relevant with its utility, roadmap and plans, then we should stop being worried all the time about the price.
Price dip is supposed to be seen as an opportunity to acquire more rather than dip, take a look at polycub, acquiring more will be the best decision to make especially now we are expecting the Collateralized lending feature. Lots of people will be buying polycub to stake, so they can get access to loans.
Back to the Cake kingdom vault, it’s APY is 70.32% which is really nice being that you earn both in CAKE(auto compounded) and cub token. If you invested on CAKE last quarter of 2021, you won’t feel the price drop because your CAKE has been auto compounding balancing your loss, this way when the price pumps, your asset is valued more. I have said it numerous times that I invest in CAKE kingdom vault because I love CAKE token so much. You can check it out and comment below.
Posted Using LeoFinance Beta