Earn up to 141.35% APR in CubDeFi. A Good option to Choose

CubDeFi is the first decentralized finance (DeFi) platform by @leofinance and it has been offering a great number of returns on various farms. With investment, it is always expected to choose the instrument which can offer higher returns and is built by a reliable team. Needless to mention the Leo team has been doing great work and they are working to add more value to this platform. We have multiple farming options through which we can earn the apr up to 30% and good thing is that we can use hive and HBD. The team has provided a bunch of options to use stable coins as well and the apr is pretty good which means we can earn a great number of returns without wearing about the price fluctuation. When we go with stablecoins then we need not worry about the impermanent loss as well.

Recently they have added a new option in Kingdom where we can earn more than 26% APY with a locked option. I had locked my CUB tokens on this and its been almost 2 months. Since the APY is very good so it is a good option to choose, provided we have a long-term investment goal. There are options to choose between flexible and locked. With Flexible we can earn approx 2.33% which is low and this is why locked is the best option.
The current price for CUB is low and if we invest now then we can get more tokens and with this high apy this can be a good investment option.

src

DeFi has been a good investment option in crypto because we get a bunch of options to invest and even the flexibility to make a switch. Most of the pools provide this option except the ones that are built for the long term. I have already parked my cub holding in the long term but there are many other pools where we can deposit coins and earn a good amount as a return.

Currently, the cryptocurrency market is in a bear trend which is why prices are on the lower side. Despite this market situation, Total Value Locked (TVL) is 1.3 million USD which shows that the community is still here and they also follow the long-term strategy. There is no benefit to selling the tokens now as the value is down and its better to put it in an instrument that can give better returns. I expect that once the market recovers then we can see a better price for CUB and by that time it will help me earn more tokens. Patience is the key and those who follow it should be able to grab a good return in the long term.

Below are the pools we have in farms and you get hive and HBD paired with leading coins and even with stablecoins. The multiplier is higher and I find it a great option to go for without thinking twice if one has both coins. I did lock my cub in the long term because there with a single token, I can generate a good income.

src

Polycub is also there which is built on a polygon network however in this post I discussed the cubdefi only. Its built on Binance smart chain so we need not worry about the transaction fees and even security is not a concern.

Thank you

Posted Using LeoFinance ^Beta