Second Plunge into the P-Vault

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(Edited)

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I have been meaning to add some more to my wee shares in my favorite farming pool for sometime but had to wait for a more favorable condition. Thankfully, the little bounce in the market today gave me such an opportunity.

The funds came off-Hive so my HBD on chain is safe earning the best interest I'm having so far in crypto and will continue to do so until I decide to stop. It's my best stablecoin and with consistent budgeting, the little HBD on savings is growing slowly but surely, its interest compounded every 30 days. Nothing gets better than that. My fiat in the bank can't even get a decent interest yet at the end of each month, its paltry interest gets taxed.

Anyway, back to the farm, I noticed that the result of the recently concluded Governance voting has already been applied to the pHIVE-Polycub vault which has a really juicy APR at 153+% at the time of this writing and it's great that the target liquidity of $100k has also been reached and keeps growing.

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It's very tempting to go for it but then the conservative side of me kicked the thought away and went ahead with the original plan of going for the pHBD-USDC vault. Swapping and adding liquidity on SushiSwap was a pain for me as it kept loading with the "FETCHING" sign at the upper right hand corner of the exchange and it's been doing so for like eternity. Must be my network... I am just thankful my patience seems to be working quite well today. In the end, I had to use ParaSwap to get pHBD and then go back to Sushi to add liquidity.

And so yes, after waiting patiently, I took the plunge with the hope to enjoy the splash of PolyCUB sometime in the future.

The current liquidity for pHBD-USDC is still over 100k away from the target 500k but hope to get there soon... I am happy to be adding a bit to it today and will probably do so once a month, we shall see.

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If you haven't been into the DeFi and want to experience how it is, you can do so by following this step-by-step tutorial on how to go about it. It's nothing complicated :)

And yes, there's still time to hop in and get a raffle in the Provide Liquidity Week contest initiated by @leogrowth.

And a reminder by the way to those who are adding to their existing LPs, make sure you harvest first the rewards in the farm before adding to it or else you will lose them :)

That's it from me for today and have a wonderful time!

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Please note that no part of this publication is to be construed as financial or investment advice. Please do your own due diligence.

Lead image created via pc tool, logos and screenshots were from Polycub. No copyright infringement intended. 310522/12:10ph

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hive-167922 phbd phive polycub liquiditypool leofinance staking ctp pob indiaunited investment
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Congrats on jumping into the pool!

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Thank you, I felt the need to add to it for more pCUB :)

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I was thinking about doing another investment but I already forgot how to add liquidity lol. I am earning a little poly from before but not much. But it is crazy how many opportunities we are getting on hive/leo these days. Picking a little of each is pretty solid

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Lol! I think you will remember when you start the process hehe.

Yes, taking advantage of the opportunity even in small amounts.

!CTP

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Congrats and this is indeed very informative for many of us, Thanks

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Thank you @shohana1, appreciate your kind remarks :)
!LADY

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I have just added to this farm for the first time as well and now that polycub seems to have bottomed out, this looks really promising :)

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Nice one, didn't know you have a thing with patience, lol.
First time reading your post as I can't tell if I've read any of your post before, just that right now I think I'm intentional about it.

Haven't added liquidity in any of the farm, just grow my nest with HP and HBD, and sometime later would do with the DeFi.
Oh, yeah, i've jumped on Cub to get PolyCUB airdrop when it was just released but my cub has not staked from them till today.

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Haha, I do have a bit with it (patience) lol!

Thank you for intentionally reading my post. It's truly appreciated.

Growing your HP & HBD nest is great, it's priority to me too. It's good you jumped on with the PolyCUB airdrop. CUB is down now but it may bounce back when developments will roll out.

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I believe so especially when all these LP vaults are integrated to Cub.
The leofinance team are doing their bit.

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Yes, it's something to look forward to as well. They keep building which is great.

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100%+ APY is just too tempting. Even stablecoins pair also have 30+% is very difficult to achieve.

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Yes, that's true. PolyCUB is doing really well even when the general market is wonky.

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You are really getting good at this! And I am glad that your patience paid off.

Well done and keep up the good work!

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That's a pretty good APR! who wouldn't be tempted!?!

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