How To Stake Your HBD In bHBD-CUB Farm - 101.39% APR

avatar

Cub Finance.png


If you don't know already, LeoFinance team has recently launched some really cool HBD & HIVE vaults for the Hive Community on Cub Finance. It's a DeFi platform on Binance Smart Chain. In this blog, I am going to show all the steps you can follow to invest in bHBD-CUB farm. You can follow the same steps to try out other vaults in Farms or Kingdoms as well.

Before we start, there is a prerequisite step that you cannot skip. Install Metamask, Setup BSC (Binance Smart Chain) network, and fill it with BNB. Metamask is required to login into Cub Finance and BNB Token will help you pay the fees on the network. Once you are done with these settings, please follow the next steps to invest your HIVE or HBD into the newly launched CUB V2 Farms.


STEP 1: Send HIVE, LEO or HBD to BSC via Multi Token Bridge

You can access the MTB here: https://wleo.io/. This will allow you to wrap your LEO, HBD or HIVE and create an equivalent amount of tokens - bLEO, bHBD or bHIVE which can be used on BSC.

screely1659425743394.png

STEP 2: Exchange Using Pancakeswap

Go to Pancakeswap to Swap 50% of bLEO to bHIVE/bHBD and rest 50% to CUB. You can directly get bHIVE/bHBD by following the above step and then swap 50% with CUB. It's up to you! Use the below contract addresses to search them:

  • bHBD - 0x874966221020d6ac1aed0e2cfad9cbfee0ba713b
  • bHIVE - 0x9faf07d1fbc130d698e227e50d1fb72657c0a342
  • bLEO - 0x6421531af54c7b14ea805719035ebf1e3661c44a
  • CUB - 0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1

screely1659426326194.png

After searching them for the first time, you can add them to your list of tokens so that next time you can easily search them with their name. Now do the required swap and get an equivalent of bHive/bHBD and CUB to create LP tokens.

screely1659434231369.png

You will have to approve bLEO and bHBD if you are doing it for the first time. Please make sure you check the price and slippage before doing the final swap.

STEP 3: Add Liquidity Using Pancakeswap

Visit Pancakeswap's Liquidity Tab and click on "Add Liquidity" to form your LP tokens bHBD-CUB or bHIVE-CUB. Select the tokens of your choice and their quantity. Then hit "Supply", confirm all the details and then hit "Confirm Supply"

screely1659435126710.png

screely1659435178589.png

You can visit the Pancakeswap's Liquidity Tab once again to check your LP Tokens as shown below.

screely1659435474719.png

STEP 4: Stake bHBD-CUB LP On Cub Finance

Visit Cub Finance's Farms to access the new V2 vaults where you will find bHBD-CUB, bHIVE-CUB and bHBD-BUSD farms as shown below:

screely1659435650471.png

Since we have bHBD-CUB LP with me, select that and click on the "Enable Farm" button as shown below:

screely1659435810874.png

Once enabled, "Enable" button will be replaced by "Stake LP" button. Click on that to enter the amount of LP tokens you want to stake. Hit confirm and enjoy your CUB rewards. 🦁 101.39% APR right now. It's not fixed and will change as more people join in.

screely1659435911840.png

~fin~


Follow: https://leofinance.io/@finguru

Twitter: https://twitter.com/finguru6

Discord: finguru#4062


Not financial advice. For infotainment purposes only.

Posted Using LeoFinance Beta



0
0
0.000
51 comments
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
avatar

Question: cam I use the brave wallet?
I use it sometimes to take my bnb to hive engine

Posted Using LeoFinance Beta

0
0
0.000
avatar

brave_gKKbOYE4bJ.png

Why is this a good investment again? Getting 100% APR on a worthless token is...let me do the maths....oh yeah...worthless.

0
0
0.000
avatar

That Apr is insane!

But i always become other people passive income and had some issues or bad relation with impermanent loses.

0
0
0.000
avatar

Is that legit? 100%?
If so I wouldn’t trust it.

0
0
0.000
avatar

Why you think one shouldn't trust or it's not legit? Will you please highlight more.

0
0
0.000
avatar

Simply a 100% APR is impossible to maintain. Most of the time those types of projects fail. I don’t know enough on this to make any such specific claim but it’s impossible to keep a rate like this for a extended period of time even if legit project with good intentions. Somebody ends up holding the bag. I’d also bet regulators will be here soon and make headaches. This level rate is just not sustainable. It’s just math.

0
0
0.000
avatar

Just wanna be clear in no way am I claiming it’s a scam. Just stating no project paying over 100% ends well generally and longterm literally.

0
0
0.000
avatar

I’ve been saying this a while myself, I think many just see the huge returns “promised” or “suggested” and aren’t listening. I only have love for this community and wanna warn but it seems like many just don’t wanna hear it. Undoubtedly over time I think although we don’t agree 💯 our basic take will play out.

0
0
0.000
avatar

After reading some content by @taskmaster4450 I can see a way I might be wrong actually. I’m changing my status to undecided on HBD.

@geneeverett
Even if factually right who cares. In this world things can work far longer then they are believed they can. I’m not on same page that it can’t end well. I might even stake some actually.

0
0
0.000
avatar

Excellent, I love this, I understand why the HIVE price pump if 102% can call hundreds to come to cub farming.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I hope the APR stays like this for a while. xD Higher the risk, higher the reward.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Do you really expect it? To last I mean?
Gotta be honest this has red flags all over it for me. I was on Steemit way back but lost touch and keys in 20218. Im new here so not trying to insult this project. I just know 100% APR is impossible long term without destroying the product or it being a scam which doesn’t look to be so. 100% APR and people are trusting it will end well? I’d be carful

-The Fed

0
0
0.000
avatar

Great guide, my friend

Posted Using LeoFinance Beta

0
0
0.000
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

image.png

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
avatar

How much BNB gas will apply on this complete process after wrapping tokens to BSC contracts?

I mostly use Polygon chain, which is quite cheap. But, I heard BSC chain is very costly.

Thanks

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is $122K of liquidity in the CUB:BUSD, receiving 48% APR that would be better off in this pool.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Great Tutorial!!

!1UP

You can earn passive income by delegation of tribe tokens to "The Cartel"!


Click the banner to join "The Cartel" Discord server to know more!

0
0
0.000
avatar
(Edited)

PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
curation-cartel tipped finguru (x1)
finguru tipped luizeba (x1)
@dlmmqb(1/5) tipped @finguru (x1)

Learn more at https://hive.pizza.

0
0
0.000
avatar

Added to bookmark. Thanks, it was a detailed tutorial and simple to follow. Jumped here from @monica-ene post. !PIZZA

0
0
0.000
avatar

Thanks a lot bro. Glad you liked it!

0
0
0.000