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What CUB Offers Hive / HBD

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What CUB Offers To Hive / HBD

CubDefi.com has been around for over a year now and continues to be one of the few defi platforms that continues to develop and change based on markets and trends. This to be is critical when others have closed up shop or simply run out of business. Zero inovation in a stagnate bear economy is not good.

I had hoped that CUB would have been part of Hive during the first launch and sure one could argue it had ties to it through their native token LEO a second layer token on the hive blockchain but incorporating more of Hive into it at the start at least to me would have made more sense as the primary group that was using and being a part of it were hive users.

Well here we are a year and a half later and we are now kicking in hive. There's been a lot of changes to hive such as the hive price slowly sinking like a majority of the rest of the markets and also HBD which is hives stablecoin (actully somewhat stable now compared to when CUB first launched) now paying out a high 20% APR.

Earning With Hive / HBD

Currently at the time of writing this CubDefi offers up 4 ways to earn APY from your Hive tokens Hive and HBD. Through constant curation you'd be looking at around 9%-11% APY from Hive and 20% APY from HBD.

BHBD-BHIVE is a combination of both hive tokens currently yielding 43% APY over double that of HBD itself. Sure there are some risks being one is a stable coin while the other is not.

BHBD-BUSD this one is more for the safe players where you combine two stable coins and currently earn just shy of 40% APY nearly double that of just holding HBD in your wallet.

BHBD-CUB combines the native token CUB with the stable coin HBD providing a quality 34% APY at the moment.

BHIVE-CUB combines the native token CUB with the core token Hive.

Start Using These Farms on CubDefi.com

These changes have been very positive for cub and while it's still hard to see that now the amount of Cub being burned and the exposure that is starting to come to Hive and LEO tokens through this is growing. Stable coins are still all the rage and having deep liquidity pools will help on on board some serious power house users to hive and Cub. Those fees generated will fuel value into the token.

What I Would Like To See Next

It only makes sense to me for the LEO team to always have connections to hive first and branch out from there. What makes me really enjoy CUB the most is the connection it has with SPS the governance token of Splinterlands. Under CubDeFi Kingdoms at the bottom is a kingdom for SPS-BNB which is paying out a massive 62% APY right now. Currently you earn about 30%-35% APY just staking your SPS tokens in Splinterlands. This gives you a near double income potential.

I'd love to see this expanded with perhaps a HBD-SPS or Hive-SPS pool and something worked out with the Splinterlands team. A easy swap for DEC/SPS and hive within the UI would be massive or perhaps connecting it into Binance could be another option. The amount of income potential here is huge but it also might fall to Splinterlands to build something more internal on their systems.

In any case, there are many other projects on Hive that could use liquidity pools and Cub could very well offer those types of pools up with a connection to the binance smart chain. We often see that in areas of Pancake swap.

Project blank will also most likely see it's own token and incorporating a swap type function and liquidity pool on Cub and Polycub would be awesome additions. I'd also like to see a LEO-HBD and LEO-HIVE liquidity pool perhaps in a future expansion. I'd love to hear feedback on this for any questions or positive or negative reasons as to why this should or should be done.

All in all I feel it was a very smart move to start to focus in on Hive and use that as a way to start building revenue. Not only for internal hive users but also the potential of massive exposure for the hive network as Cub continues to grow.

Posted Using LeoFinance Beta