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The CUB Cycle

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@bagofincome
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I bought some CUB for $3 as soon as it came out. Immediately after that, I added liquidity and started farming moar CUB. The strategy was to add more liquidity to get more CUB and repeat this process day after day. At first, I swapped half of my earnings to either BNB or BUSD to get the necessary amount (50/50) and add more liquidity. Then after a little while, I felt bad for swapping my earned CUBs so I started selling my BSC shitcoins to avoid selling CUB.

Basically, I evolved to what you see in the image below. I'm farming CUB, harvesting them once a day and then I'm using profits from my other altcoins to get the other half for the liquidity pool. Remember how I told you that I often miss on taking profits from coins that are mooning? Well, now I don't. As soon as I see a coin pumping, I'm selling a percentage of these coins so I don't have to sell CUB.

That's how I've been living.

I started to do this as soon as the CUB price fell down to less than $5 because I didn't feel like selling my CUB for less than that. As for some altcoins in my portfolio, they're not so valuable to me and it's time I started taking some profits.

Yes, sometimes I sell a pumping coin that keeps pumping even more but I've learned to keep a moonbag just in case. Taking profits feels good. It feels even better when you have a place where to put them. In my case, it's CUB finance which I'm very bullish on.

Today is actually a big day for CUB finance because it's another halvening. It means less CUB will be minted per block. At first, it was 3, now it's still 2 and today it will decrease to 1 CUB per block. In the long-term, I think it means that the CUB price will start to recover, and eventually, it will reach a new all-time high.

Another great addition that's coming is the LeoBridge that will allow users to transfer their assets from the Ethereum network to the Binance Smart Chain. It's a big thing, especially for users who can't or don't use Binance or other CEX that require KYC. Fees earned from the LeoBridge will be used to buy back and burn more CUB.

With less inflation and more burned CUB, we will definitely see some magic in the coming weeks. I'm sure that more farms will be added, and in fact, Splinterlands players can already farm CUB using their DEC tokens. As I heard that BAT is coming to BSC, for all I know, it may be next on the list.


Thank you for reading!


Read some of my other stuff:

Cub Finance - DeFi to Rule Them All Top Crypto Accounts You Must Follow - Crypto Twitter Top Must Read - 33 Reasons Why You Should Be Using HIVE Blockchain!

Posted Using LeoFinance Beta