We are Finally getting the BNB reward sooner on CUBdefi
This week @leofinance is expected to launch the the remaining 3 kingdoms in their 7/7 total kingdom launch. Currently the kingdom has 4/7 which are the:
BNB-BUSD LP
ETH-BNB LP
DOT-BNB LP
BTC-BNB LP
Hopefully the final 3 other kingdoms will be launched during this phase 4 and they are
- BTC Single Asset
- ETH Single Asset
- USD Stablecoin Pool
I’m not really a fan of the above vaults, I will keep stacking my cake kingdom vault and my cub kingdom. But am most excited about the BNB rewards. This is possible when the smart contract collects cake rewards, converts 3% of the cake rewards into BNB. This reward in form of BNB is distributed for Cake Stakers to claim. They claim a proportional share of the reward.
This has been my most anticipated feature because am a fan of BNB and I don’t mind acquiring more BNB to my bag.
For more information about the @leofinance roadmap click here
Posted Using LeoFinance Beta
Will there be a fee to claim it do you know?
Posted Using LeoFinance Beta
From the telegram channel, I was told there will be a fee to claim. But the good part of it is that you can wait to acquire a lot of BNB before claiming so you don’t end up claiming BNB that is way less than the transaction fee
Yeah. That's what I was thinking. I made the mistake and harvesting Cub too soon the first time and ended up paying more in fees than I received in Cub.
I'll probably stick to once every 2 weeks. But it will depend on the numbers of course.
!ENGAGE 20
Posted Using LeoFinance Beta
Surely that’s best
Congratulations