Cubdefi: Harvesting $30 in 24 Hours

I am really excited to finally get involved in BSC de-fi industry, and for now I just have a farm on Cubdefi. I place my investment on three farms and one dens. I added liquidity to CUB-BUSD, CUB-BNB and bLEO-BNB pools. And only in one dens, that’s CUB dens. You know, I am pretty happy to gain more and more $CUB in my farms to harvest. Today I would harvest 10.169 CUB or about $30 in 24 hours. This amount is increasing than it yesterday as I have added some more tokens to the pools.

Everyone has their own strategy to increase the investment on Cubdefi.

My Strategy to Increase the amount of liquidity pool
After harvesting CUB, I would compound the CUB I’ve gained into the farm. I will look at the APR of the pools, and I will decide to add for the highest APR. Like today, the current highest APR is CUB-BUSD LP which is 573,73%, followed by CUB-BNB LP 523,17% and bLEO-BNP LP 278,37%. In this case, I would add to CUB-BUSD LP or CUB-BNB LP.

I will sell 50% of CUB I have gained from farming. Today, I would add to CUB-BUSD LP. So, I buy BUSD with 50% of my harvested CUB. So, today I buy about 15 BUSD as the price of CUB is $2.943 and BUSD is a stable coin pegged to US Dollar.

After having 15 BUSD, then I add my CUB and BUSD to CUB-BUSD Liquidity pool, and staked them to the farm. It’s really simple, everyone can do it. I am doing this, is to compound my earning from Cubdefi, to increase my investment little by little because I trust Cubdefi by Leofinance. I have been with Leo since 2 years ago when Leo was still on Steem-Engine.

Another strategy is by adding LEO I’ve earned from blogging on leofinance.io. I convert LEO in Hive-Engine to bLEO in BSC through wleo.io/bsc. I just simply added to bLEO-BNB pool.

However, sometime I would compound my harvested CUB to dens of CUB though the APR is lower than CUB-BUSD LP. The current APR of CUB dens is 186.88%.

Now is The Best Time to Farm CUB
I think today is the best time to get involved deeper into Cubdefi as deposit fee is 0% for 24 hours and the price of $CUB is still so cheap, it’s only $2.931 (at current price). It’s the bottom of CUB.

Another benefit to add our investment into the pools and dens on Cubdefi now because the price of BNB is still cheap, $271. So that, we just paid very low gas fee to farm and harvest CUB in Binance Smart Chain. Imagine if the price of BNB spike to $2000 or more, then the gas fee will be also increased.

New ATH of Total Value Locked
Since the launch of cubdefi, today the new ATH of TVL is made already. It’s over 15 million now across all farms and pools. And it’s on the way to 20 million. I believe the TVL will increase day by day following more investors to join cubdefi to farm and stake CUB.

Fifteen millions locked in the farm and dens is a huge amount of money. I see that more investor outside leofinance community in Hive Blockchain started to trust and bullish on cubdefi.

Conclusion
Cubdefi is one pf the best yields farm run on Binance Smart Chain. Cubdefi will be a great defi in the future since the roadmap is a clear path to development. As a leofinance community member, I have seen how the founders and devs worked very hard to bring the tribe for today success. Then, cubdefi is another potential and serious project by Leofinance founders.

Farm today, and harvest everyday!

Posted Using LeoFinance ^Beta