How To start Earning on Cub Finance from one Newbie to Another!

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What an exciting day isn't it? The Cub Finance is already on and many people both current members as well as completely new ones have joined the game.

The price of the cub token is already 13$-14$ and it reached that in a day so imagine the possibilities. Now to be completely honest when the airdrop will take place, the price of the cub token will drop as you imagine, but fear not it will rise in the following days!

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Even The price of LEO went close to 1$ so imagine what will happen in the next few days as well. I made a post yesterday regarding that which i want all of you to visit and predict the price of LEO before the Summer!

Let's get back to Cub Finance. Let me tell you before i start my newbie guide that some people are already earning a lot right now. I don't think this will last as more and more people are joining as well as the airdrop will take place and the price will drop.

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As you can see above @empoderat the guys who always find new altcoin gems, (he gots the charisma) is currently earning around 1200$ an hour? Can you comprehend this? Note that earnings can change give all of the above that we said.

Now i had some liquid LEO for that purpose alone in order to check the waters. On the contrary, i am a complete noob, and even though i read the very detailed https://docs.cubdefi.com/, i still had to ask stupid questions in order to be 100% certain.

What a Noob Like Me did to start Earning

So the first thing you have to do is download, set up Metamask and connect it with Binance Smart Chain which you find here. Now you can send there your respected tokens, i send for example bnb from Binance.

Note that from Binance you should withdraw the token to the BEP20 wallet (your Metamask) to which you have connected to the Binance smart chain beforehand.

Now the process is basically the following:

  1. You wrap your leo to bleo then
  2. You then add liquidity in the cub finance
  3. You choose the farm or vault you want in order to start earning.
  4. You Enjoy Profits

Wrapping your Leo

The first thing you have to do is visit this page https://wleo.io/bsc and in the option "LEO TO BLEO" you add your BSH address, the amount of liquid leo you want to wrap, your Hive account name and then you simply confirm it with your keychain

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Now you have your wrapped leo or Bleo ready and you are one step closer to earning some CUB!

Adding Liquidity

Now you have to visit the page https://exchange.cubdefi.com/#/swap and simply click on the liquidity option in the center above and add the bleo amount you want. Note that you need to have the equivalent amount of the other altcoin you choose.

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For, example if you want to do a bLEO-BNB and you choose to add 5$ worth of bLEO then you need to have deposited already in your wallet 5$ of BNB.

Then you simply click approve and then supply and you are done. You are now one step away from earning some CUB!

Choosing the Farm/vault you Want

Now the final step is to choose the farm you want and start earning some rewards. simply go to https://cubdefi.com/farms choose the farm you got the respected tokens/altcoins liquified, click approve, and then stake!

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After you do that, you will start earning some CUB which you can either stake in a vault and enjoy a certain APR, use it on another farm and earn more, exchange them with other tokens and altcoins of your choice or simply hold them!

My Earnings so far

It's been around an hour since i am using Cub Finance and i am earning some cub. I am not someone with a lot of money, i almost got nothing and in that hour i have earned 3$ worth of cub!

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If this keeps up like that i will earn 72$ per day, 504$ per week and 2016$ per month. It would be extremely awesome given the fact that the average salary in Greece is around 700-800 euro and the starting salary is close to 550-650 euro. The truth is that i don't think that huge earnings will last long but i hope i am wrong though!

Special thanks to @hykss for answering my stupid questions!

Do you got any Questions?

How much you have already earned?

My Latest Post

Let's Predict LEO's Price after the New Projects launch!

A Conversation with an Indian: How Cryptos Change His Life

A Hive Marketing Proposal is Finally Approved: What It Means?

Heineken has to Pay 26.7 Million to a Greek Micro-Brewery but Why?

How the Small Businesses Operate During the Lockdown in Greece

The LEO liquidly-Staking Dilemma Solved: CUB and BEP20 LEO

or simply click on one of my profiles!

Filotasriza3 (LeoProfile)
Filotasriza3 (HiveProfile)
Filotasriza3 (SteemitProfile)

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35 comments
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This is the kind of tutorial and info mere mortals like me need to learn this stuff. Thanks, here's some !LUV .1

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There's always something new to learn in crypto. I sort of understand but am wondering if this will all work with a binance.us account. I'm not a big binance fan, but can be if this works. lol
Thanks for taking the time to write this up.

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It always confuses me how to do that bnb exchange, I will wait to have a little CUB (if I receive the airdrop) to test how defi finances work, surely we can get another percentage of profit there

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(Edited)

I tried everything with 5 Leo (4bLeo) and it seems to have worked. thanks for the instructions!

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I will give this a try ... I wrapped some Leo, converted to bleo, then tried to exchange for Cub but nothing worked. Will try your method.

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what exactly you want to do? i mean "buy" some cub? Harvest some cub through the farms? Because it's a different process.

Although if you simply want to exchange and you already have bleo it should be one click away. you go to the exchange option, then swap, you add bleo to cub, you add the amount of bleo you want to swap and done

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I want to trade my BLEO for Cub then put it in the Cub den to earn more Cub. I have my BSC connected to both Cub Finance and Binance. I have BNB sitting on Binance,... do I need to bring BNB to Cub ? I can’t seem to just swap my bleo for Cub, I click approve and nothing happens.

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if you have bnb in your wallet you should be able to swap it, i don't know what's happening, have you found a solution yet?

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Thanks for compiling this tutorial, this really helps! :)
I'm still trying to understand better what we actually buy here, where the apr comes from and what the risks are... Complex topic

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we basically give liquidity in order all the swaps and stuff to take place. The Apr is given through the staked liquidity and demand, it will eventually drop a lot!

honestly the only risks i see is if you buy a lt of cubs and somehow both the cubs and leo's value drop a lot

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Thanks, I will try this and se how it goes

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And yet... this has been the most valuable and comparably less rewarded post about CUB. Holy crap!!

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ahahha that's my life :P

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What? then, living in Greece is not already enough beating? Well I live in Vzla, so I can't speak too loud either!! LoL

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hahaha to be honest and fair it's not that bad in Greece compared to other countries but it's not great either :p

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Hello my friend, thanks for your detail information about cubdefi, this is really a good tutorial for me as a beginner. I think I must translate this post into Indonesian, there are so many Indonesian traders that want to know about CUB. What do you think?

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hello! yeah do it no problem, but if you are kind enough to mention me and this post somewhere in your post!

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Ok, I will do it for our community here, thanks.

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