Cub Finance: December monthly add and status


As usual, I am making my monthly add to Cub Finance so I can increase my sources of passive income. There is still no PolyCub news but I think it should be released soon. So while we wait, I will continue to add some more CUB and get more in the upcoming airdrop.

PolyCUB

CUB docs.png

There is finally an update to the roadmap documentation page. So it looks like we will be getting PolyCUB dropped to us daily for 60 days. I am a little interested in seeing what will happen with the partnerships but the pLEO and LeoBridge Extension seems to just be an additional way to convert LEO. So I kind of know what to expect outside the Partnerships. However it is near the end of the month so I wonder if PolyCUB will come out this month or not.

The other items on the bottom are also quite interesting and they should be released next quarter. However with the way they do deadlines, I kind of expect it to happen Q2 instead. The Seed Protocol Owned Liquidity is interesting and I have no idea what it is. It also looks like the 2nd IDO will also airdrop some tokens to CUB kingdom stakers. So we might be able to stake directly on the 2nd IDO LPs right away.

Near the bottom end, it mentions there will be some yield analytics and other integrations between other platforms. I only use BSC for Defi right now so I might have to wait for others to comment on this. I am wondering the vCUB DAO is because they mentioned it should have higher APY and there is also voting. So I guess this might some type of governance token on CUB.

My monthly add

Similar to last month, I sent 251 LEO tokens over to my metamask wallet using the documentation instructions. From this swap over, I got 250 bLEO tokens. I converted half into CUB and the other half into BUSD. My reason for choosing the CUB/BUSD pool is because it has over 100% APR and it will also contribute to the PolyCUB airdrop.

It looks like it saved bLEO's token address this month. However if you need bLEO's token address, you can find it in my October's monthly buy.

12-21 LP tokens.png

In total from my 250 LEO, I managed to get 46.2015 LP tokens (last month was 42.4756). It does seem like I had a better exchange rate this month. Like last month, I harvested my bLEO/BNB farm first just incase the price of the pool changes so all my BUSD is taken. After adding the pool tokens, I now have 234.505 LP tokens staked in the CUB/BUSD Farm.
12-21 LP value.png

My Cub Finance holdings

11-24 mycublp.png

Above is my holdings as of last month and below is my current holdings using mycubholdings. The values have definitely changed quite a bit.

12-21 mycublp.png

The price of DEC has dropped quite a bit so the value in the DEC/BUSD farm has dropped quite a bit. The bLEO/BNB and CUB/BUSD farm has both dropped in value. However with the addition LP tokens I added today, my CUB/BUSD dollar value is slightly higher now. I wonder if people are getting tired of waiting for PolyCUB because CUB prices are down but it could just be CUB dropping along with the rest of the crypto markets.

12-21 kingdom.png

Between last month and this month, I was able to harvest 81.5 CUB. As CUB prices have dropped, my dollar value in the kingdom has dropped but my total CUB for the airdrop is making great progress. I am wondering about the BNB dividends because it hasn't really seem to have changed in a long time. So I wonder if the amount of people using the pool isn't large enough and we just aren't getting enough to see an increase in value on this end. On a side note, my total value in CUB is still over $1,000 so it didn't drop too much in value.

Please make sure to invest only what you can afford to lose and nothing I said is financial advice. Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.

Posted Using LeoFinance Beta



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19 comments
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Thanks for this info. I'm very excited for the long-term potential of this project :)

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He cool doing the same thing, im just putting it all in kingdom, reading this kinda get me guessing if its not better to pool. !PIZZA

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It depends. After all I like the Farms as well because I have exposure to both BUSD and CUB at the same time. CUB kingdom is better if you are worried about impermanent loss.

!PIZZA !WINE !LUV !LOL

Posted Using LeoFinance Beta

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Ok shill me, when price rises i have no loss right, only if one stayes behind or fails. I get goose bumbs when talking about a possible loss !PIZZA

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Well Farms are better when you are bullish about both tokens on the pairs. So I don't mind entering the bLEO/BNB pool because I think both will do well. In the case one outperforms the other, its true you might not have as much of the token that went up more. However you also get an increased yield for being part of the farm (currently 100% APR). So it depends on your perspective on what you want from investing.

Posted Using LeoFinance Beta

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Started today in cub-busd, its my first ever lp pool. Glad it worked so easy.. !PIZZA 🍕

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!WINE !LUV !LOLZ

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You are doing a good job, keep harvesting because I will join you soon

Posted Using LeoFinance Beta

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I think it's a pretty good place to be and at worst, we can just convert some of it back into LEO to get back some of our initial investment.

!LOL

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(Edited)

PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
jfang003 tipped cooperclub (x1)
@cooperclub(3/12) tipped @jfang003 (x2)

You can now send $PIZZA tips in Discord via tip.cc!

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