HBD Yielding 12% APY is the safest and best option for Stables right now!
Hi HODLers,
I have never been the one to put all my eggs in the same basket. Therefore, I have to admit that when I was getting HBD I was usually converting them for other stablecoins in order to farm in safe stablecoins farms for 20-30% APY.
With the current dip in the market and more investors converting to Stablecoins and making them work, the yield have gone down dramatically.
Currently, the HBD 12% APY is the best option out there for Stablecoins !
As an example, these were some paltforms
Beethoven Stablecoins Farms
Grim Finance LP Vaults
These are only 2 examples on the Fantom Network but it is the same on every main network and on let's say 'Kind of safe Farming Platforms".
So, 12%APY on a single asset, with a PEG that can change but almost always goes back to $1 in one of the most used blockchain seems quite good.
The most important feature is that these HBD are IN YOUR ACCOUNT. You did not have to lock them in another's platform. They are protected by your private key, and easy to make them work for you.
We have to advertise this so more people discover this great opportunity and maybe they will stay for the community :D
Stay safe out there,
Latest Analysis
Posted Using LeoFinance Beta
👍🏻 Indeed 12% APY is really good. Still, me personally I think the long term annual return of hodling Hive will be higher. That’s why I convert every HBD.
Even when discounting for inflation it seems like a good USD-pegged opportunity. I trust it more than any random DEFI platform, especially seeing how consistent HBD is holding the peg.
I like to hold HBD.
Bro! Totally random! But do you know how to get LP Tokens v2 to stake in the Cub Farms?? I am drawing a blank xD
We can talk about it on Discord if thats better^^
Click the link in the red box and it will open up the page where you can get LP tokens on Pancake.
Posted Using LeoFinance Beta
I did that, but I am still confused xD
I am trying to get LP v2 Cub, so I can stake it in the Farm Cub-Bnb xD
Do you already have the CUB and BNB? If so, when you click the link, you should end up at Pancake (exchange). After doing so, you should see the below after you connect your metamask.
Afterwards just fill in how much you want on one side and the other side should auto-fill. So long as you have the required amount, click the button at the bottom. Doing so will give you LP tokens. Afterwards go back to CubDefi and your balance should be updated.
Posted Using LeoFinance Beta
Aaah, so its like our diesels pools? I really didn't get that x)
I also didn't have enough bnb to begin with.
Another question! I got 1.8 CUB-BNB LP (V2) from 0.04795637 bnb and Cub 78 cub.
How does it calculate the Lp's?
Yes it's very similar to diesel pools. Basically that 1.8 LP is like a number you keep. The ratio for BNB and CUB change depending on the price of the CUB and BNB. So if CUB goes down, some of your BNB will be sold into CUB. We should be getting some transaction fees but I don't think enough people use the pool to actually see any increase to the underlying assets. Either way, if the price does not change, the LP should be worth 0.04795637 bnb and Cub 78 cub in the future.
Posted Using LeoFinance Beta
Interesting. For some reason its a bit hard to wrap my head around it xD
Well deisel pool also has shares. So I think it's very similar to diesel pools.
Posted Using LeoFinance Beta
ye thats what I mean, first time is just always confusing when it comes to crypto :p
Thank you for helping him out !
Posted using LeoFinance Mobile
Hello mate ! I do not unfortunately but I am sure people can help you out in the Leofinance discord.
I have not done this migration.
Sorry 😞
Posted using LeoFinance Mobile
I hate the Leofinance discord, nobody is answering.
But @jfang003 helped out ^^
12% APY is a good deal plus you are guaranteed of your account's safety coupled with a fee-less retrieval of savings.
Just like I wrote in my recent post, Hive just needs a bit of extra marketing because it has many unique features embedded in it.
Posted Using LeoFinance Beta
Hive needs to be promoted consistently ! Usually people that come here stay here because it is a great place to be.
Great techno, great community !
Posted using LeoFinance Mobile
Well said.
Promoting Hive is clearly every user's responsibility
Posted Using LeoFinance Beta
I agree. HBD is definitely a great choice and stable coin farming is definitely a great option to maintain a fiat value for your account.
Posted Using LeoFinance Beta
Indeed. The amazing thing with HBD is how easy it is to do it !
Posted using LeoFinance Mobile