Looking into LBI's 3 CUB finance investments

avatar

Hello, LBIer's. Today we are going to look into the investments LBI now has on CUB finance. We got in on launch day, received the airdrop last night and have already harvested a bunch of CUB's. It's been a good week and it's official, we have off-platform investments, yee-ha!

image.png

CUB Finance

OK, not going to go into detail about what CUB finance is, if your not aware, go back to sleep. So the long-awaited Leodefi project turned out to be a goose farming clone. I must admit, at first I thought Leodefi was going to be a lending platform much like Nexo or Celsius, when I saw it was a farming project my interest peaked at 120% because I've done a bit of farming in the past and it can be very profitable so I was excited about this due to the fact there's no fear of an exit scam with CUB. CUB finance is a standard farming clone, there are hundreds of them out there, all very similar to use, most offering great ROI's in the hundreds of per cent and many with TLV's (total locked value) of well over $30 million. If CUB finance can market correctly and catch a few crypto farming influencers, it'll spread like wildfire in telegram chat groups it could become a farm on the BSC circuit.

For CUB to go to the next level, the team would need to get CUB onto other farming platforms. Having for example some sort of CUB LP on pancake would bring thousands of new buyers to CUB as they scramble to enter a new LP while it's ROI is at its peak. This in turn would bring hundreds of new users to CUB as they research the token they have just bought. Crypto farmers are not investors like you are me, they are an impulsive bunch and very adverse to risk. They will invest large sums into new tokens to get the ROI and then research what they have bought after. Crypto farmers act on FOMO x10 and if CUB can get itself on other platforms as an LP are stakable token, it's market cap could 10-30x.........easy. Of course, there are smart farmers with set strategies but as a whole the crypto farming community act on FOMO x10. I've seen new farms launch, collect $120 million in locked LP's and disappear in under a week. I've also watched people turn $10k investments into $600k only for the platform to die off slowly to the point that person sold to break even.

I have high hopes for CUB finance, they are off to a great start with over $7 million locked up on the platform. Let us take a look into the 0.0014% slice that belongs to LBI token holders.

image.png

Pre airdrop

bLEO/BNB LP
On launch day we had a little over 5000 liquid LEO sitting in our accounts. Every single last one was converted to bLEO. From that 5000 bLEO, I converted 2500 into BNB, put everything into the LP token and staked it on the farming page. At the time, the total investment was worth around $3500. Since staking the LP, all CUB harvested has been added into the CUB den.

Sorry, I have no snapshots, at the time I was sitting up 3 wallets and zoning the bit out. Between sitting things up, chatting with people in DM's and discord servers and of course FOMOing, I forgot the take snapshots. lol.

Post airdrop

We received 1093 CUB is the airdrop, this is very simple to claim. I did a tester of 10 CUB and when it hit our BCS wallet, I shipped the rest, the bridge the LEO team have set up was perfect and super simple to use, no manual required.

I debated in my head for around 20 minutes about how to use these 1093 cubs to our best advantage. I was really thinking about 2 options, CUB/BNB LP or CUB den. I decided to go 50/50 and we ended up with 500 CUB put into the LP and the rest staked into the CUB den. I have done it this way for a few reasons, the risk factor being the decider. CUB could go to $1 are $50, we are bullish but we are not blind and aware of the risks. LBI's current CUB investment reflects this being spread all 3 very different level of risk investments, i'll explain more below. Let's look at us getting into the LP.

First thing was to convert 250 CUB into BNB

CUB1.png

Next, I bought to use the CUB/BNB LP token. We can this LP is worth 251 CUB and 3.94 BNB. At the time of investment, this was worth $2400.

CUB3.png

Finally, i went to the farming page and staked out LP token.

CUB4.png

The other 593 CUB were deposited into the CUB den. As the can see, the balance is a few hundred more already because of our bLEO LP earnings.

image.png

LBI's 3 level's of risk

Below you can see our 3 investments. This information can be retrieved from a website called https://howmuchismylp.com.

  • Connect your BSC wallet

  • In the section to fill in called "Masterchef Address", you enter 0x227e79C83065edB8B954848c46ca50b96CB33E16. This will show all your CUB investments in 1 place with a good ballpark value.

  • Shout out to @jk6276 for sharing this nugget in the SPI discord server.

Weirdly enough, they are listed in order of risk 😁

image.png

Lowest risk - bLEO/BNB LP
Both LEO and BNB have long histories, the prices of these tokens will fluctuate but only really inline with the market. This investment was 100% paid for with hard-earned LEO and not connected directly to the CUB airdrop. Taking the lowest possible risk with these funds is important to preserve value for if CUB should flop (dont think so, but it's crypto). This LP is up by roughly $700 as both LEO and BNB prices have increased since CUB launch.

Meduim risk - CUB/wBNB LP
The ROI on this LP is the second-best on CUB finance and gives us exposure to both CUB and BNB. A brainer really if only for the ROI. This one is a little risker as CUB is a brand new token and it's price im sure will swing violently over the next few months as the project matures, expands and develope's. This LP was funded with our airdrop. We are down around $300 from entry 12 hours ago but it's still early days.

High risk - CUB den
All CUB earned from both LP's is added into this den with earnings compounded. This is the riskest investment LBI has on CUB, this is basically because it's new, we have no idea where the platform will be in 1 months time never mind 12 months time. The plan in my head, for now, is to compound until we hold 1000 CUB and see what is happening. We could reinvest back into LP's are there might be new LP's or products released by this time. 597 CUB from the airdrop were placed into the CUB den, the rest are earned from harvesting. I should also point out that the CUB den has the best chance of mooning compared to the others but its risk/reward.

That is our bag

So there you have it LBIer's, we have our first off-platform investments and we are starting to expand ourselves. I dont think this will increase the price of the LBI by that much but it's likely the price will increase from 1.10 LEO to 1.15 LEO over the next week are so. Please remember that off platform investments are not included as part of weekly LEO earnings, they will reflect in the LBI token price as these compound over time.

If you are an LBI token holder, I hope you are happy with the investments LBI has made and got involved with, if not I have someone I can throw under the bus as a bad adviser, haha.

Thank you for reading through the post as always, 100% upvotes, reposts and comments are welcomed 😀

image.png

Posted Using LeoFinance Beta



0
0
0.000
46 comments
avatar

Wow thanks for the tips and the nice tools.

I think you explaining the three layer of risks helps me understand Defi. Keep up the good work and it looks like we are well in the profit. Should we be loading up on LBI before a exchange rate change happens?

Posted Using LeoFinance Beta

0
0
0.000
avatar

No worries, the LP tracking tool is handy to tracking profits :)

It's always a good time to buy LBI :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

It's obvious; all of LBI's plans are all long-termed oriented. That's s pretty lovely airdrop of cub there, imagine the returns in let's say 6 months of farming, this is just amazing. Thanks for this detailed post. I believe this is the Most detailed explanation I've seen.

Posted Using LeoFinance Beta

0
0
0.000
avatar

for real?, i put this together quickly :) I guess the snap shots help.

Thanks for the nice comments

Posted Using LeoFinance Beta

0
0
0.000
avatar

Each time I read something about Cub Finance I learn a little more. Thanks for the explanation of the risk levels. Another piece of DeFi knowledge for me. :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

done a little defi personally. Lost some, made some. Easiest thing to do is make a plan and then stick to it. Its very easy to get tempted into others things.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It all sounds like what I have been doing on a smaller scale. So this, I hope, is a good vindication of what I am doing. I don't like the big risks either. Something about impermanent lost of something. Still so much to learn, What the hell is Defi? Where is the money coming from? So many questions but, it is all good brain muscle exercise.

Posted Using LeoFinance Beta

0
0
0.000
avatar

you'll learn as time passes :) I dont think CUB is defi, not yet. Where the money comes from is a question i have been pondering for over a year now, i gave up trying to figure it out.

Make hay went he sun is shining is what i understand 🤑

Posted Using LeoFinance Beta

0
0
0.000
avatar

I feel like a fucking genius. I cussed for 2 days AND had trouble figuring shit out.. but in the end picked the same 2 farms and the same den..

Posted Using LeoFinance Beta

0
0
0.000
avatar

SWEEETTT !!! love to see some action for just sitting on my ass ;)

Thank you for all the hard work (and brain power) to figure that stuff out and get it working for us.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It is okay to get involved with the project. We have more room for those who want to be active and help our returns through activity.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I would love to be more active for a lot of things - but my life is in the toilet at the moment.

I'm hoping in the next month or so to get things straightened out ;)

0
0
0.000
avatar

@lbi-token how can i get involved with the project and help i grow with my activities??i love the LBI project and would love to see it become more successful....

Posted Using LeoFinance Beta

0
0
0.000
avatar

And just like that - our investment just got tripled ( maybe more ) . This is what people don't realize about projects like LBI .

Thank you for the tool too , it helps.

!WINE

Posted Using LeoFinance Beta

0
0
0.000
avatar

All this is complicated to me.. may be Saturday will get some time to work on same..

0
0
0.000
avatar

Great to see how the investment was divided across cub finance. Wise thing to do. This should yield great dividends in the near future. Great job guys

Posted Using LeoFinance Beta

0
0
0.000
avatar

Looks like a winner to me. This is my first crack at defi so I'm just trying not to screw something up. I did the bLeo/BNB, the bLEO/BUSD, and of course the Cub den. Been working good so far though I'm just hoping to get to 100 total before the rates come down too far. In the meantime, we all get to make some with LBI as well so all good. Thanks for the status report. I was curious how and what was going to be done...

Posted Using LeoFinance Beta

0
0
0.000
avatar

It looks OK. If you have enough BNB in a wallet, you can do miracles. Keep on good investing.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Will the dividends from CUB be payed in Leo? I'm curious how it will work when dividends will start to be payed. Also great job with handling the CUBs, I bought some LBIs recently because I knew you guys would do a better job than myself :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

In my view, the CUB-BUSD is a better pool as the IL is reduced, as one of the pairs holds less volatility.

Overall, great news for us LBI hodlers, plans working as intended!
ATEAM.jpg

Posted Using LeoFinance Beta

0
0
0.000
avatar

High risk high return and vice versa (economic concept said)
i didnt know what will happens in future but i have an optimistic CUB will be mooning ASAP and as wise investment.

Posted Using LeoFinance Beta

0
0
0.000
avatar

These are some nice free gains for the LBI fund and it is great to see that add on to our investment bag. Another layer on which we can build and pile up, grow steadily and help improve this ecosystem!

Posted Using LeoFinance Beta

0
0
0.000
avatar

Hey very nice info. I just started taking interest to know about defi projects or crypto. Hope I’ll also invest in any other project after taking full knowledge. Thanks…

Posted Using LeoFinance Beta

0
0
0.000
avatar

That is our bag
So there you have it LBIer's, we have our first off-platform investments and we are starting to expand ourselves. I dont think this will increase the price of the LBI by that much but it's likely the price will increase from 1.10 LEO to 1.15 LEO over the next week are so. Please remember that off platform investments are not included as part of weekly LEO earnings, they will reflect in the LBI token price as these compound over time.

@lbi-token wow this is a good news for the LBI holders and this shows that your team are really doing brilliantly well and you deserve an applause for such a smart project and actions...keep up the great work sir.....

Posted Using LeoFinance Beta

0
0
0.000
avatar

DEFI mix this community
just simply spell positive
entertainment. LBI is growing
Glad I hold on to mine and get more

!BEER

Posted Using LeoFinance Beta

0
0
0.000
avatar

I don't think Cub will go to 0.50 $. I think ( no financial advice), it will be move with time like LEO. Because it's a defi I can trust ( and I think many others too).

Posted Using LeoFinance Beta

0
0
0.000
avatar

Sounds very good and exactly what I would have done. LBI is looking really good and has had a super start which we will all benefit from. Happy to take no dividends for the year at this rate of growth.

Posted Using LeoFinance Beta

0
0
0.000
avatar

What we have here is a groundwork and foundation that may exceed the current state of SPI. 💪😎👍

🤑

This is better than I had envisioned when I transferred my then-inflated HIVE over to LEO. I Love It WENN a PLAN COMES TOGETHER!!

</a-team>

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thank you so much for this post the how much is my lp is amazing and didn't know about it :D thank you for that :)

Posted Using LeoFinance Beta

0
0
0.000