CUB finance update for both SPI and LBI token holders

in LeoFinance2 months ago

Hello, hello. Today im dropping a short post to both SPI and LBI tokens holders. This post was uploaded via @spinvest and reHIVED from the @lbi-token. I will do a CUB finance post from @lbi-token after we get the airdrop and have something to write about.

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Let's jump straight into it. Im not going to explain anything about CUB finance, it's a farming website on the BCS chain, it works the same as many other farms and by now im sure you have already checked the site out for yourself.

SPI tokens holders

  • 5 ETH staked in the ETH den contract. All CUB earned from this is being staked in the CUB den.
  • @jk-leo got us in the CUB/BNB LP to the value of around 1.32 BNB. He is holding around 0.4 BNB that he will use to top the LP as CUB is earned.
  • We have earned over 210 CUB tokens so far. All are staked in the CUB den contract and earning us around 26 CUB per hour at the time of writing.
  • Not sure what the plans are for the CUB airdrop, probably stake and compound

Costs - 0.2 ETH worth $365
Gains - 210 CUB worth $2152 plus coming airdrop for 22.5k staked LEO and wLEO

LBI tokens holders

  • Used 5000 LEO to invest in the bLEO/BNB LP
  • We have earned just over 80 CUB which is all being staked into the CUB den contract.
  • When the airdrop comes for LBI, I'll have to decide what best to do with it based on the CUB token price and offered ROI's

Costs - 3bLEO worth $2.40
Gains - 80 CUB worth $820 plus coming airdrop for 226k staked LEO

You could say we have got off to a good start. Both the SPI and LBI holding reports will be updated the reflect our new farming investments. I hope that gives you an idea of where SPI and LBI are at and how we are handling the CUB funds. Im going to get back to over the CUB finance to watching the farming rewards roll in.

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It is nice that I can participate and not really know a dang thing about any of it other than keep trying to get to 100 SPI and to not sell those making me coins.

That is the value of both funds.

You can get involved and reap the benefits of new projects as they come about. You are also benefitting in SPI through the VIBES tribe. SPInvest has a nice stake in that one too.

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Looks like the returns from just the first day are amazing. I will be looking forward to see the reports at the end of the week to see how much these Defi pools actually earn.

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I'll be looking forward to report it.

Small problem with not really knowing how to value a LP but there are still a few days left to figure that out, lol

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Yea you still have a few days, but since it's LBI related, I guess it would be returns in terms of LEO. So if 1 CUB is like 20 LEO then you can convert in-between.

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Interesting fact.
I am pretty sure CUB finance
just open a new market for all of us.
LBI tokens should find a way
to get there if possible.

!BEER

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Yeah, thats a good idea :)

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Value is created from all angle, huge, this would be great.

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fingers crossed :)

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Wow. That's fantastic. Well done!

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Yep, pretty cool. 😁

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We have earned just over 80 CUB which is all being staked into the CUB den contract.
When the airdrop comes for LBI, I'll have to decide what best to do with it based on the CUB token price and offered ROI's

@spinvest that is a smart decision from you guys....good one sir

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Thank you :) going with the flow

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That's crazily good!

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wait until we get the airdrop of CUB for LBI

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That is really awesome! Thanks for this update. It is cool to see that great things are happening for both projects! 80 Cub is nothing to be ashamed of. It will be exciting to see what the airdrop ratio ends up being. That could be epic!

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LBI will get around 3% of the airdrop. This 80 CUB we have now will be peanuts to us in a day are 2

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How awesome is that!

@lbi-token 3% of the airdrop??i find that to be amazing,this is a great time for LBI and LEO holders....

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Amazing news! That means that even if I don't make so much on CubFi I atleast get some anyways ;)

It's all rolled into the LBI price :)

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That's why i love investment tokens. Even if we have no expertise , time , resources , the team of LBI SPI UTOPIS will do it for us and give us best returns.

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Great update! It is good to know SPI/LBI has got us covered and is making gains in CubDeFi. I am in there rattling around and learning a lot but also paying a little bit for the education (literally). :) I did make about $40 last night while sleeping so maybe there is an upside to all this. ;)

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I did make about $40 last night while sleeping so maybe there is an upside to all this. ;)

Then I would suggest spending more time sleeping and increase your return. 😁

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Excellent idea! Except I'm old and can't sleep that long. lol.

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lol, that sound logic

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Hey @spinvest, here is a little bit of BEER from @pouchon for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Well done on getting it all up and ready so quickly!

As a LBI token holder, it'll be very interesting to see what 226K LEO stake turns into... that could become some serious spare change!

Keep on keepin' on!

=^..^=

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Awesome so I am not only earning CUB from my investment over there but also from your investment because I hold LBI . Thank you :)

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do you think the airdrop might cause an influx of cub tokens that could drop the price of the token a lot from what it's at currently?

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I love all this defi exposure through spi and lbi!

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Awesome blossom. Luckily I got my LBI tokens credited to my HE just in time. ;)

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Well, the airdrop brought some good gains for everyone involved! Can't wait to see the earnings report!

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