CUB LIFE report - Calling all LBI OG's

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Authored by @silverstackeruk

Hello, LBIer's. Today we will look into how our CUB finance holdings are doing and exactly what we have. It's been around 5 weeks since CUB launched and we have a mixed bag of 3 investments to cover 3 different levels of risk. Of course, reward comes with risk but the great thing is everything is still paying out 200%+ ROI's so it's hard to see the risk when we are so far ahead of what we have invested.

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What have we invested so far?

  • On launch day we deposited 5000 LEO
  • Over the past 4 weeks, we've deposited a further 2135 LEO
  • We received an airdrop of around 1090 CUB

7135 LEO is our total investment so far, today this would be worth

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But it's worth much more because of...well 300%+ yearly ROI's yields being compounded beautifully. We got in early, have a healthy pile of CUB and gained exposure to BNB which has mooned from CUB launched. So today's LBI wallet looks like this.

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Source - https://howmuchismylp.com/ - Enter 0x227e79C83065edB8B954848c46ca50b96CB33E16 as MasterChef Address & connect your wallet

So first, we see the wallet is worth $19,640, after we take away the $4880 from the LEO we invested, were $14,760 in the black. Not a bad spot to be in but I feel it will get better as new things are released over the next year. I have picked those 3 investments because they represent 3 levels of reward/reward. I am not done yet and it will take a few months before each investment has the correct amount of capital so that the safest has the most and the riskest has the least.

Least Risk - bLEO/BNB LP
This will be the daddy holding of our CUB finance investments as it carries the least risk. Ideally, this LP would always be 50%+ of CUB finances holdings for LBI. Both LEO and BNB have been growing and increasing in value long before CUB was released. The ROI is still amazing at 250% and we know this LP will never be removed, I can't see it anyway.

A little bit of risk - CUB/BNB LP
Again, the ROI at 290% with this LP makes it a no brainer for us and I feel better about this LP compared to the CUB/BUSD LP. As CUB is still a new farming token, its price swings could still be violent. Ideally, this LP will worth roughly 30% of our CUB finance holdings.

Most Risk - CUB den
CUB is still new and we have no idea where it is headed. Im, sure it'll hit new highs and maybe even new lows during its lifetime. If no updates are ever made to CUB finance, it's not likely the price will increase and it might even decrease. If lots of updates and new use cases for CUB are made it could moon 20-50x. Ideally, this would be 20% of our CUB finance holdings.

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What is being done with daily harvests?
LBI is harvesting roughly 34.21 CUB every day and at the minute, they are being fed into the 2 LP's with bLEO/BNB taking priority over CUB/BNB. So 34 CUB is worth $125 which is roughly $870 power week at the minute with current rates.

  • 1st - bLEO/BNB LP
    I have been for the past 4 weeks been converting 50% of weekly LEO earnings into bLEO to grow the bLEO/BNB LP. I convert harvested CUB into BNB to fill other half of the LP until all the bLEO is gone.

  • 2nd - CUB/BNB LP
    The remaining CUB harvested is invested into this LP, I simply convert half of the CUB harvested into BNB and then add it to the pool.

The rinse and repeat cycle is Sat-Sun.

What's the target?
It's hard to say as we have no idea what CUB finance will look like 6 months from now. Kingdoms could be a game-changer, maybe they've up their sleeves they are not talking about publicly yet. Either way, I think aiming for something in the region of $50k would be nice. Of course, the price swings in crypto are crazy but I think when the wallet is worth $50k, we look for something else to invest in. This means doubling up the bLEO/BNB LP and a little more and I understand it's ambitious but I believe we need solid foundations to grow long term. Strong earning foundations will pay off dividends for a lifetime are at least 12 years which is a lifetime in crypto terms. I'd bet as long as LeoFinance is around, CUB finanace will be around so it only makes sense for LBI to go hard.

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There you have it, you are now all up to date with LBI's CUB holding, what's being done with harvests and what road we are on. I hope you enjoyed this post and found it informative.

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51 comments
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I understand that CUB hasn't taken a direction but why is bLEO/BNB the safest option? Is it because people will always need BNB and anyone who converts LEO to/from the chain will require this pool to gather BNB?

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I would guess because BNB is required to operate on the network and bLEO is being burned. At the same time, we can pull it out and generate a return on it. We can get that in the other farms.

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Yea I think I need to figure it out a little bit more before deciding. The good thing is I have a few weeks to get everything in order.

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If you still planning everything, why not do some paper runs and test out the returns.

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How would I attempt the paper runs? Is there a way to stimulate how things go?

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(Edited)

I would say it's the "safest" because BNB isn't going anywhere and neither is LEO. Both of those assets have track records and history. Cub is "new" and is in the realm of defi. If something crazy or unforeseen should happen to defi or the Cub contract or any of the other risks associated with defi, it could blow up. If that happened, we'd still have our LEO and BNB along with whatever price appreciation they gained. With the Cub farms, we could potentially "lose" half of the assets. Do I think that's going to happen or that it's even likely? No, of course not. But there's no question of the four assets (including BUSD) being talked about here, Cub definitely has the highest risk involved.

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Thanks for the clarification. There is the question of impermanent loss though right? In the case that it swings heavily in one direction, your pool might not be equal on both sides and skew towards another.

The harvested CUB will probably still go into the DEN though.

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great to see lbi has a solid holdings on cub and bleo. Strong earnings foundation right there.

Hopefully set target is met sooner so we diversify into more investment opportunities.

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Thanks for checking out the post and commenting. Not sure what we'll invest into next but im sure token holders will have ideas :)

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CUB offers a ton of potential if the development continues. We will see what LeoBridge looks like when it rolls out. If that becomes even reasonably popular, it could end up eating a bunch of LEO and CUB.

It is great to see the numbers going up.

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Agreed, CUB is still young and has alot of potential. 100 million TLV will happen at some point when more things are added :)

and then Blank....😉

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Impressive to see the account's worth !
Congratulation it is really rewarding a lot !

Can't wait to see Kingdom happen !

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IM looking forward to Kingdoms being released as well. Will be interesting to see if many convert LP's are deposit more!!

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looks nice. should be getting more LBI as well. i can see the effort to make this a profitable venture for all stakeholders

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In the greater scheme of things, that's an incredible ROI, even if it's just temporary! Consider how many conventional investment managers would give their right eye to just achieve a 25% APR, period.

I'm hoping LeoFinance — and by extension CUB related investments — will continue to roll out great deliverables. If that continues, I see no reason why the CUB token wouldn't also enjoy a nice run upwards!

=^..^=

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We're set up to increase the LBI token price by 20% per year so earning 200% is a godsend. Like you say, even if it only lasts a short time we still come up smelling like roses.

I agree, if LEO and CUB keep introducing new things, the price has to increase.

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I was thinking about the BNB pools, I should have done that, still can though. Thanks for the tip. Bleo and BNB will be my next pool

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the bLEO/BNB is a no brainer. Earn 15% from curation are 200% on CUB and then pump it back into LEO? Even if you converted half the CUB rewards back into LEO, it would be 100% and you'd grow your LEO balance faster than just staking for curation.

Thanks for checking out the post buddy

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Is there a way to get bleo into our wallets from CUB finance? Atm I am still in the Buidl phase on CUB finance.

Not sure how to bring it here without selling to BNB and then sending through as Hive and then Hive to Leo but then alot of conversion rate losses happening :(

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I've been waiting for this report and here it is, so thanks SSUK!

Things look quite nice and I appreciate how you split the investment based on risk. It's good to do risk management and use it in decision making.

I'm curious to see how Kingdoms will change the balance for us. It's hard to anticipate having no details but I'm sure there will be nice opportunities to add more to our bags.

Well done and thanks again @silverstakeruk! I really appreciate the good work!

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Your welcome my friend. I like doing posts like this myself cause i know people like them :)

Not to sure Kingdoms will do much for LBI but im hoping it raises the TVL a few million $

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If not Kingdoms, then something else will come along I'm sure of that. You just keep doing what you are doing as you're doing great!

We all have a lot to learn from you 😉

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A really interesting and informative report. I'll be mulling this over from a personal perspective.

The thing I was most surprised to read was:

Most Risk - CUB den

Since everything else I've read about the DEN was that this is the "safe" place to put your CUB. Interesting . . .

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I might be wrong but I think LEO and BNB are safer tokens to hold long term. CUB is a 5-week old farming token that's dependent on both LeoFinanace and BNB to operate. I'd say the people that say it's safe dont have alot of skin in the game they see CUB as a ticket to riches. People's definition of "safe" changes depending on the amount they have to invest.

Eg, if you only had $100 to invest. It's ok to go all-in on DOGE
if you had $1 million to invest, going all-in on DOGE seems pretty stupid

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This is a really helpful article. Im about to invest more and I was wondering how to evaluate my options, so thankyou for writing this up.

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Thank you for reading it

I'd say the best way to grow your CUB balances would be to add to them over time. Convert some LEO rewards every week on the same day and build it into your routine. Over 3-4 months, you'll be on the road to a massive BSC wallet :)

Little and often is a rule is use. Helps with cost averaging as well

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(Edited)

Thanks for the detailed breakdown of how you see LBI's investments in CubFinance. A question. You mentioned the 50-30-20% ratio of the farms/den LBI invests in. Is this long term or do you plan to change the strategy for the bear market?

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Your thoughts on the CUB-BUSD den?

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(Edited)

smike5CUB.png
This does make me feel more confident about participating in bLEO-BNB LP, which I staked first. I am now stacking CUBs in the Den, after cooking up a stack of CUB-BUSD LP during this launch.

Overall I am very impressed, and I am here to stay. I am not planning to remove my liquidity from any of these CubDefi pools for a long time as long as good news continues!

I also just bought my first LBI tokens, I have been thinking about it for a while but this seems like a good thing to start accumulating @lbi-token

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I have to say your OG CUB is beyond dank :) you did a great job making CUB the coolest in the 'hood

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