Multichain farming like on Harvest.finance will soon be a normal thing
Ever since Cubfinance came into my life, I've been clicking around Binance and Ethereum, looking for farms that I could maximize my profit from. I use Cub as my entrance and then intend to flip the profit for even more farmed tokens on platforms that I have less trust for.
One of those platforms is Harvest Finance, a liquidity farming thingy that I ran into on Publish0x. I actually participated in a writing contest there and learnt a thing or two about the platform.
The project is focused on reducing access to DeFi applications by melting the cost of transactions. The details are foggy but I know there's a mechanism that's geared towards reducing the gas fees on Ethereum.
Well, realising that Ethereum is quite frankly shitty, they've now branched out to Binance smart chain because that's where all the cool kids are. Their Ethereum mining operation is still live though.
I saw this post about the development and it sort of reminds me of Leobridge and the importance of this product in the general scheme of things.
There's been talk about Leobridge going live with the development team announcing the announcement of the announcement in the usual fashion and updating the roadmap from "soon" to "very soon". This development is very exciting and will come in handy in the future when multichain farming becomes a normal thing.
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I agree with you here, I think that we will begin to see a ton of merging between blockchains, it is the same pattern the internet followed when it first came out. Soon things will be more connected than ever
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That's for the best tbh. If blockchains start working together in the same way social media giants work together, we'd be unstoppable. All the tribalism is pointless.
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The more we connect, the more we grow. I want to see different blockchains collaborating together and create amazing opportunities for all of us.
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Multiple forces equals multipling strenght
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Every since i heard about Cub i read tons of posts about DeFi farming etc.
There are a lot of such services on hive and outside hive now and i am so confused about all of them
It's really very difficult to make your mind and decide the one you want to go with.
I came across this one lately https://vftlab.finance/
Cub is actually on Binance smart chain but it is a product of Leofinance from hive. It can be overwhelming
222 dollars for 1 farm token or am I reading that wrong? Oo
lol nope you read it right bro, that's the token value.
Damn. Thats a lot! :D
yea man. I'm going to start farming it next week hopefully.
Damn. Go for it :D
Its a bit over my budget though
I'll be going in with $1k. Haven't decided which pool I'll use
Daaamn :D Good shit brother!
You are getting richer than me ;)
Haha. Doesn't matter man, as long as we're all getting money together.
You are still running from me :p I don't have 1k to just drop into crypto like that :p
But, I love the fact that you can that, thats amazing :D
Thanks man. I've invested or reinvested everything and been working my ass off.
Very interesting post and I had also noticed that $FARM was doing a lot to allow small fishes to be able to farm through them on different platforms, tokens.
I think as you said, this is the future and $CUB is planning with bridges and kingdoms to also do this as they will do the tx and we will just have to stake to get some dividends.
What are you doing with you Publish0x rewards? Fees are so high that the $FARM sit on my wallet for months hehe
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Haven't done anything with the rewards tbh. However, thanks to the reward, I got the FORTH airdrop. I'm sure you got some too?
#leofinance has enabled us to see
the full arrays of platform out there.
I looked and tried but my heart is with this community.
I feel at ease knowing leofinance will go miles for this community.
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How do you operate in these if you know it is not safe? I have some fear with defi, but nothing that scares me too much, but how do you do it?
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I wouldn't say it's not safe. It's just me that has trust issues
I should read up about harvest finance... You know say na your way we dey follow
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I feel your frustrations, but it is really important that we find options to maximize profits from each currency we use, whether it be staking, lending or powering up.
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Your post has been voted as a part of Encouragement program. Keep up the good work!
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