My First Two Days in Cub Finance | Harvesting Like Crazy

Remind me again how we get attracted to BSC Defi?

When I first came about Leo Finance, the wrapping LEO on Uniswap was a big thing... I tried to wrap my head around the concept of DeFi, but I just couldn't and worse I do not have the capability to indulge in the system that eats up a lot of money on gas fees alone. So I left it at that, and never really thought of myself to be capable of joining the DeFi scene.

Then came the Binance Smart Chain - BSC, which offered platforms for farming and to provide liquidity at very low transaction fees.

So now, most of us are dipping our toes into the DeFi scene, thanks to Leo Finance which gave us Cub Finance.

With high anticipation, we ~~patiently~~ waited for weeks until the the launch of Cub Finance. And now, less than three days later, I can say that I am really enjoying the ride.

We're staking, we're farming!

Yey! So since the launch of Cub Finance, while waiting for the CUB Airdrop, I started providing liquidity and staking at the den to kickstart my (meager) CUB earning.

_{Hello, Cub! I Entered The Den}

Those seemingly harmless transaction fees actually add up!

Each time I see "harvest", I have the eagerness to click, because I want to reinvest my earnings and take advantage of the high returns!

Would you believe that these figures at the left were spent only in one day, at the beginning of my Cub Finance journey?!

So yeah, I spent $5 approving contracts, providing liquidity, staking, and mindless harvesting.

That's where I think I had my problem - because of my eagerness to reinvest into the den, I harvested even those yields that are still low. Now I am trying to hold my horses and not harvest anything unless it is worth it.

So far, given the current price of $CUB, I think I have already broken even with the fees I incurred on all transactions. I am optimistic that $CUB will do well and we will all reap nice gains in this endeavor.

A lot of us are new to this...

While the gains on Defi are enticing, it is to be considered that the risks are also high and that we must always, always not put in what we cannot afford to lose.

Anyway, don't listen to me. This is no financial advice. You do as you deem fit. 😎

Enjoy the ride and Happy farming!

❤️ Arlyn

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_{Cover Image credit: Canva. Lion Cub Token Graphic by @leofinance}