What is Cub Finance BSC coin (CUB)? - Cub Finance Guide

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What is Cub Finance BSC coin (CUB)?




A beginner's guide to Cub Finance (CUB), the best DEX on Binance Smart Chain (BSC) with the best farms in DeFi.

Cub Finance, sometimes also referred to as Cub DeFi, is a Binance Smart Chain based decentralised exchange.

Created and backed by the LeoFinance team, the nearly 3 year old crypto community that you’re reading this Cub Finance (CUB) guide on, the team boasts a proven track record of safety, trust and value-adding dApps built in the blockchain space.

Cub Finance (CUB) introduction banner.

While Cub Finance offers returns of over 100% on assets staked within Farms, Dens and Kingdoms, the most appealing aspect is that they’re a DeFi platform you can trust.

A move to BSC also allowed the team to simultaneously launch a BEP-20 version of the Hive native LEO token.

There’s no doubt that blockchain interoperability will be a key industry component going forward and thanks to Cub Finance, the LeoFinance community is now able to seamlessly move between Hive and BSC.

Introduction to Cub Finance

An introduction to Cub Finance (CUB), the new DEX on Binance Smart Chain (BSC) offering trustworthy and sustainable DeFi returns.

To begin with, we have to introduce the native farming token of Cub Finance - the CUB BSC coin.

Keep in mind that the CUB BSC coin isn’t the same as a traditional, fixed supply cryptocurrency such as Bitcoin.

CUB is an inflationary coin that is continuously being printed in order to pay for farming rewards on the DeFi platform.

But while inflation sees CUB continuously being printed, there are numerous mechanisms in place to ‘burn’ or remove supply.

Trading fees, bridge fees and IDOs are some of the CUB token burn contributors that you’ll read about within this guide.

Ultimately the goal is to find a profitable equilibrium for holders.

Has that equilibrium point been found yet?

No.

But with a number of exciting new IDOs on the horizon with the potential to burn CUB’s entire circulating supply, it’s hard not to see the potential.

BSC DeFi you can trust

But the most important aspect of this introduction is that Cub Finance is BSC DeFi that you can trust.

The Binance Smart Chain DeFi community is notorious for being a cesspool of devious, anonymous devs and whales.

Conspiring to take advantage or outright scam the small time BSC DeFi investors who are put off by the huge fees on Ethereum.

As we briefly touched on above, LeoFinance is a near 3 year old crypto project, based on an extremely transparent blockchain in Hive.

Khaleel Kazi and the LeoFinance team boasts a proven track record of safety, trust and value-adding dApps built in the blockchain space.

They’re highly transparent and accessible to LeoFinance community members on-chain, or external investors on Discord.

It doesn’t matter who you are, they’re there.

This is what it takes to build a Defi platform you can trust.

So when it comes to choosing the right DeFi platform for you can rely on simply must be your number one priority.

Cub Finance is BSC DeFi that you can trust.

This guide to Cub Finance (CUB) is designed to introduce the project, explain how it works and offer guidance on whether you should invest.


How does Cub Finance (CUB) work?

Have you encountered Cub Finance within the DeFi wilderness and are looking to invest some time to look into the project a bit further?

In short, Cub Finance is a yield farming platform and a standalone market maker that can offer token swaps directly on the platform.

This is achieved by incentivizing users to deposit funds in single staking contracts and farms.

More details on how this works will be shared below.

Your first point of call should always be the official Cub Finance Docs, but this section of our guide to Cub Finance (CUB) will help you understand how Cub Finance works and where the CUB token fits in.

CUB Tokenomics

We already mentioned incentives but we need to understand how they work.

In the case of Cub Finance, users are rewarded with CUB tokens.

CUB Token Details:
Contract Address: 0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1
Chain: Binance Smart Chain (BEP-20)
Supply: Unlimited with predictable inflation via Emission Rate

These tokens are issued with every passing block at a rate of 1 CUB token per block.

These rewards were higher for those that participated from the very beginning when the project launched in March 2021:

  • Week 1: 3 CUB tokens per block.
  • Week 2: 2 CUB tokens per block.
  • Week 3: 1 CUB token per block.

Unlike Bitcoin and many other "mainstream" currencies, CUB has no fixed supply.

Instead, it is being "printed" at a rate of one token per block until/if a new mechanism is introduced.

To keep the supply as low as possible, all sorts of token burn strategies are put into place and they range from buyback programs to token offerings that burn Cub forever.

Keep in mind:

  • 7% management fee is collected on external platform harvests from Kingdoms - this autonomously purchases CUB on the open market and burns it
  • 3% management fee is collected on external platform harvests from Kingdoms - this autonomously gets converted to BNB and is distributed to users who stake CUB in the CUB Kingdom

At the time of writing, the total Cub supply is sitting at 6.5 million tokens. This number is expected to be much lower once the upcoming CUB IDO sales are completed.

What are Farms, Dens, and Kingdoms?
Farms

Those that are experienced in DeFi farming will know exactly how farming works on Cub Finance but if you aren't familiar with the concept, here is a short summary.

As an end-user, you are incentivized to deposit two different assets on the Cub Finance platform and be rewarded for that action.

Assets are deposited at a 50/50 ratio meaning that the USD value of one asset has to be equal to the USD value of the other asset.

For example, if you want to put 1 ETH in the ETH-BNB you will need to add ~8 BNB as well to match the USD price of 1 ETH.

This adds more liquidity to the Cub protocol and allows users to swap currencies at fair prices.

In turn, you are rewarded with CUB tokens for as long as you keep the assets deposited in the contracts.

At current prices, the best return rate you can get is about 150% per year:

Screenshot showing the best return rate you can get on Cub Finance.

Dens

The idea behind Dens is to allow users to earn rewards for single-asset staking.

Right now you can only deposit CUB at ~55% APY.

Dens are useful for those that don't want to deal with impermanent loss.

Since you are only staking one asset your risk only comes from price fluctuations of that specific asset.

Before Kingdoms were introduced, Dens were a go-to place for those that wanted to earn even more interest on their farmed Cub.

Kingdoms

If you already recognized the power of compounding interest, you will recognize the importance of Kingdoms on Cub Finance.

What these contracts do is compound your interest consistently and automatically.

Instead of spending BNB for a few transactions every day, you can let the protocol do this for you completely free.

Kingdoms allow users to earn interest with single-asset deposits (only CUB and CAKE for now) but also to auto compound their farming positions on Pancake Swap, Belt Finance and Bakery Swap:

Screenshot showing how much. you can make in Cub Finance Kingdoms.

For example, if you provided liquidity in the ETH-BNB pool on PancakeSwap and don't know what to do with the LP tokens you got, you can deposit them in Kingdoms and earn an additional 20% APY for doing absolutely nothing.

CUB stakers are also entitled to BNB Dividends.

What is the LeoBridge?

The LeoBridge works like any other bridging protocol and is limited to transactions between three blockchains:

  1. Hive
  2. Ethereum
  3. Binance Smart Chain

If you ever used a bridging dApp before, navigating the LeoBridge will be as easy as it gets:

Diagram showing how the Cub Finance LeoBridge works.

It's pretty simple, just enter the amount and type of Ethereum asset you need to convert to BSC asset and connect your Ethereum wallet to hit swap.

Remember that GAS fees on the Ethereum side will be applied in this case.

One of the core values of LeoFinance and Cub Finance is interoperability.

In the future, more blockchains like Polygon, Hive, and others will be connected to perform swaps on both sides.

The LeoBridge is one more income stream for Cub Finance because 0.25% of every transaction is used as a burning fee for CUB and LEO.

80% is used to burn CUB and 20% is used to burn bLEO.

What are IDOs?

Initial Dex Offerings have become a standard in DeFi and many of the biggest projects in the space raised their starting capital through these offerings.

Cub Finance is built with IDOs in mind from the start.

Since LeoFinance can gather a large community and point their attention toward a specific project, that project is incentivized to use the Cub "launchpad".

The inner workings of Cub IDOs are outlined in detail in the article I liked above but in short, it brings benefits for projects and investors alike.

All future fundraising events will require participants to contribute by depositing CUB tokens.

This will give projects starting capital to work with but will also burn those CUB tokens and decrease the overall circulating supply.

For example, if a project was to raise $1M in funds, they would need to raise 2M CUB tokens.

Even if Cub Finance burned only 50% of those funds, we would still end up seeing 1M CUB tokens removed from the market completely.

Benefits of IDOs:

  • It's a transparent and fair model to launch a coin or token.
  • Provides immediate liquidity to the investors.
  • Users can quickly trade their existing crypto assets into a new asset
  • It's a low-cost model for fundraising

In the long run, this strategy is aiming to provide a steady upward trend in price while ensuring a downward trend for the total supply of CUB.


How to Setup Cub Finance

Cub Finance is a leading DEX (Decentralized Exchange) and DeFi (Decentralized Finance) yield farming platform built on Binance Smart Chain (BSC).

Farming rewards are paid out in CUB, the native token of the Cub Finance platform which is a BEP-20 Asset (BSC).

It was created in March 2021 as an extension to the LeoFinance project, a blockchain-based social finance community that has been building applications on a variety of platforms and blockchains since July 2019.

In this section of our Cub Finance (CUB) guide, we are going to discuss how to set up Cub Finance with Metamask and start farming for CUB rewards.

Let's start!

Metamask setup with BSC

Once you have installed the Metamask extension in your browser and created an account, you will be able to see a list of networks you can connect to.

List of networks you can connect to.

In order to start investing in Cub Finance Kingdoms or Farms, you need to access the BSC (Binance Smart Chain) Network.

Click on your account avatar and go to "Settings"

go to "Settings".

Here you will find the "Networks" option as shown below.

Click on to open to see the list of Networks installed on your Metamask.

The list of Networks installed on your Metamask.

Click on "Add Network" button as shown below:

"Add Network" button.

Here you will find different parameters that would help you connect to a different chain.

Enter the details as shown below and click "save":

RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56 (if 56 doesn’t work, try 0x38)
Symbol: BNB
Block Explorer: https://bscscan.com

The network details to enter.

Once connected, Metamask will show "Binance Smart Chain" in the list of Networks.

You can select it to login to Cub Finance.

Select "Binance Smart Chain" to login to Cub Finance.

How to add to an LP and stake in a Farm

In order to stake LP Tokens in a farm, you need to connect your Metamask to the Cub Finance platform.

Connect to BSC in Metamask and click on the "Connect" button on the top right corner of the homepage as shown below:

Connect to BSC in Metamask.

For this tutorial, I am going to explain how to Pool Tokens in DEC-BUSD farm.

You can use https://exchange.cubdefi.com/ to exchange different tokens of your choice and create LP to stake in Farms or Kingdoms.

A few single asset staking Farms and Kingdoms are also available.

Please check out the list of Farms available right now:

The list of Farms available right now.

Before using the farm, you need to click on the "Enable" button and only then you can add stake LP Tokens into it.

Now let's see how to pool two tokens (DEC & BUSD), add liquidity, and then stake them in DEC-BUSD farm.

Pool

To get DEC-BUSD LP Tokens go to farms and under the "Live" tab, you will find the new V2 Farm.

Here you will find the "Get DEC-BUSD LP (V2)" link.

This will take you to the Pancakeswap V2 screen shown below:

The Pancakeswap V2 screen.

Enter the amount of DEC and BUSD you want to pool together.

Enable BUSD and DEC.

I spent around ~20c on these two transactions.

Enable BUSD and DEC.

Hit "Supply" and then "Confirm Supply" in the end to get the DEC-BUSD LP.

Stake

Go to farms and under the "Live" tab, you will find the new CUB-BUSD V2 Farm.

You need to enable it and then click on "Stake LP" as shown below:

Click on "Stake LP".

Select "MAX" and hit "Confirm".

Select "MAX" and hit "Confirm".

Similarly, you can stake other LP tokens and single assets in the available farms and kingdoms to earn CUB rewards.

In farms, you need to harvest rewards manually while in Kingdoms, harvesting and compounding is automatic.


Cub Finance (CUB) and LeoFinance (LEO)

Discover the way in which Cub Finance (CUB) and LeoFinance (LEO) are forever linked.

By now, there’s no doubt you’ve heard that Cub Finance is the sister project of LeoFinance.

While LeoFinance started as a web3 social media platform known as Medium on the blockchain, the overall project has grown into so much more.

With a mission of continuously expanding the Hive community’s userbase and adding cross-chain value for its token holders, the move into BSC-based DeFi with Cub Finance was a logical next step.

This section of our Cub Finance (CUB) guide will discuss the role of each version of the LEO token and how to then easily wrap into bLEO for use on the platform.

The LeoFinance suite of tokens

When it comes to tokens within the Cub and LeoFinance family, everything goes through the LEO token.

The LEO token

LEO is the native token of the entire LeoFinance ecosystem.

Its distributed via a rewards pool system similar to HIVE and is used to pay users for publishing and curating quality content on leofinance.io.

Natively a Hive layer-2 token with a home on the Hive-Engine exchange, LEO also acts as a bridge to other blockchains.

The wLEO and bLEO tokens

This bridge is achieved via wrapped tokens such wLEO to Ethereum and bLEO to Binance Smart Chain.

Wrapped cryptocurrencies allow you to use tokens on blockchains to which they are not native.

Thanks to wLEO and bLEO, members of Hive’s LeoFinance community are able to seamlessly cross to the Ethereum and BSC blockchains, taking advantage of external dApps such as DeFi platforms.

The CUB token

With a bridge to Binance Smart Chain completed by wrapping LEO into bLEO, this is where the Cub Finance DeFi application and CUB token come into play.

Cub Finance allows Hive’s LeoFinance community to seamlessly access DeFi-based smart contracts on BSC, exchange tokens, provide liquidity and earn fees in return.

All facilitated by the BEP20 CUB token used to enable use and reward liquidity providers.

How to wrap LEO into bLEO to use on Cub Finance

Wrapping LEO into bLEO allows you to move from the Hive blockchain based LEO, to the Binance Smart Chain based bLEO.

Opening up LeoFinance community members to the exciting world of yield farming on the low-fee Binance Smart Chain.

  1. Add bLEO as a custom token to MetaMask by clicking the “Add Token” button and pasting the bLEO contract address (0x6421531af54c7b14ea805719035ebf1e3661c44a).

    Add bLEO as a custom token to MetaMask.

  2. Open the gateway between LEO and BSC.

    Open the gateway between LEO and BSC.

  3. Copy your BSC wallet address from MetaMask and paste it into the “LEO to bLEO” box.

    Copy your BSC wallet address from MetaMask.

  4. Enter how much LEO you would like to deposit, remembering to allow for the 1 LEO gateway fee.

    Enter how much LEO you would like to deposit.

  5. Confirm the Hive blockchain transaction via Hive Keychain and your tokens will be routed to your BSC wallet.

    Confirm the Hive blockchain transaction.

Ultimately, everything is about the LEO token

This section of our guide to Cub Finance (CUB) has shown how the LEO token is central to facilitating the link between Cub Finance and LeoFinance.

The Cub Finance platform has pushed LeoFinance closer to achieving its mission of expanding the Hive community’s userbase, while adding value to LEO token holders.

In the end, everything is about the LEO token.


Is Cub Finance (CUB) safe?

Cub Finance (CUB) is one of the safest Binance Smart Chain DeFi platforms to invest in.

‘Crypto’ and ‘trust’ are two words that shouldn’t need to go together.

We’re in this space because we no longer want to trust scummy human beings who will inevitably screw anyone and everyone over for personal gain.

Blockchains and the advent of smart contracts mean that we are no longer required to trust anyone to hold or facilitate the transaction of OUR money.

But…

A lot of us are also degenerate gamblers who are happy to take on a little more risk for the promise of MUCH greater returns.

Hello DeFi!

The problem with DeFi however, is the fact that we’re once again trusting a third party which is in this case, the platform and code behind the inflationary token behind the system

In this section of our Cub Finance (CUB) guide, we uncover what sets this project apart from the crowd and why it’s one of the only safe Binance Smart Chain based DeFi platforms.

In DeFi, should be your number 1 priority

So what is it that really makes Cub Finance different from the rest of the DeFi platforms on Binance Smart Chain?

The difference here is purely the team that is behind the Cub Finance platform.

The majority other DeFi platforms built on Binance Smart Chain, are built by groups of anonymous devs and whales who get together to ultimately take advantage of your average crypto degen’s high-risk tolerance.

...and low intelligence.

Harsh, but it’s the hard truth.

BSC based yield farming is pretty much rug pull and scam central, yet day after day, the masses lap up the next big thing because as long as you’re not the last one out, the returns are just too good.

When it comes to choosing a DeFi platform to invest your hard-earned into, safety should be your number one priority and Cub Finance delivers where it matters.

Within the high risk, high reward DeFi space, The LeoFinance backed Cub Finance platform is as safe as you’re going to get.

The LeoFinance team has EARNED the community’s trust

That’s right, the team behind Cub Finance is the exact same team behind the LeoFinance community on the Hive blockchain.

A nearly 3 year old crypto community project, with a proven track record of safety, trust and value adding apps built in the blockchain space.

As a part of the community ourselves for each of those 3 years, we can vouch for the fact that the LeoFinance team has well and truly earned the community’s trust.

Headed up by Khaleel Kazi, the LeoFinance and Cub Finance teams are highly transparent.

Whether you tag the team on the LeoFinance blogging platform or head into the tech-support channel on the community’s Discord, Khal and the team are visible and accessible.

Just what is required when it comes to building trust in a DeFi platform.

General DeFi platform risks still apply

But while it’s all well and good to know that the team is highly unlikely to rug pull you, there are of course some other safety risks you must understand before investing in Cub Finance (CUB) or staking assets on the platform.

DeFi risks such as:

  • Impermanent loss: If the price of your deposited assets in duel asset pools wildly change in relation to each other, your position won’t maintain its overall dollar value.

    You can limit impermanent loss by only entering pools containing assets that remain in a relatively small price range such as stablecoins.

    Always weigh up your expected long term profits from yield and whether this outweighs your exposure to short term impermanent loss.

  • Platform hacks: When it comes to platform hacks, there’s only so much you as an investor can do to protect yourself.

    Cub Finance has been favourably audited by CertiK, but as we see via the mainstream crypto media, things go wrong every day.

    Make sure you’re comfortable with your level of risk on the BSC based Cub Finance and if you’re not, then consider safer alternatives such as staking your assets on Hive.

  • Losing your keys: If you don’t possess the personal responsibility required to secure your private keys, then the safest DeFi platform in the world isn’t going to save you.

    Ensure you ALWAYS have your private keys and access wallets safe and secure.

    If something goes wrong from this perspective, you only have yourself to blame.

Ultimately, you can trust Cub Finance (CUB)

In the simplest terms, yes Cub Finance (CUB) is safe to use and invest in.

Cub Finance brings reputation and long-term thinking to a space that lacks both.

CUB is the perfect base layer to build sophisticated smart contract applications on the Binance Smart Chain, all while feeding value back into the LeoFinance community.

Hopefully, this section of our guide to Cub Finance (CUB) has instilled a level of trust in the platform and native CUB token.


Cub Finance (CUB) vs PancakeSwap (CAKE)

In this section of our Cub Finance (CUB) guide, we are going to compare two DeFi platforms and their native reward tokens:

  • Cub Finance (CUB)
  • PancakeSwap (CAKE)

This guide is meant to show you an unbiased feature set comparison of DeFi platforms in the discussion.

CUB vs CAKE comparison table

The table below shows you the comparison points between the two DeFi platforms:

Cub Finance (CUB)PancakeSwap (CAKE)
Cub Finance is a DeFi yield farming platform on Binance chain.PancakeSwap is a decentralized exchange & yield farming for the BEP-20 tokens.
CUB is the token being used in this DeFi platform.CAKE is the token being used in this DeFi yield farming platform.
Cub Finance supports Metamask, Trustwallet and Binance chain wallet.PancakeSwap supports Metamask, Trustwallet and Binance chain wallet.
Cub Finance charges 4% while taking the withdrawal out of den.PancakeSwap charges flat 0.25% trading fees in transaction in platform.
Cub Finance supports initial DEX offering (IDO) which are for tokens specific to crowdfunding on decentralized exchange.PancakeSwap support initial farm offering (IFO) which are tokens on the yield farming platform.
Cub Finance has means to avoid the impermanent loss and capitalize off it as per the experience of some of the investors. There is a limited data in this context.CAKE staking on the single asset so far has no impermanent loss recorded. However there is not much information on IL specific to LP staked.
Cubfinance's has farms option to stake your LP tokens to earn CUB.PancakeSwap has syrup pools where you can stake your LP to earn CAKE rewards.
Cub Finance has DEN and Kingdoms for staking CUB on it's platform. DEN being the manual harvest and compound option whereas the kingdom offering autocompound option.PancakeSwap offers liquidity pools (to supply liquidity) and syrup pools (to launch tokens) for staking CAKE into the platform.
Cub Finance even though it supports gaming tokens in trade like DEC but it has yet to list any NFT marketplace.PancakeSwap has a dedicated NFT section for games & exclusive NFTs on the Binance smart chains.
Cub Finance has been audited by the Certik smart contract auditors. That does make it safe but considering it's DeFi platform, the risk always exists.PancakeSwap has been audited by the Certik smart contract auditors platform. Despite the audits, there is always a risk in investment.
Which is better: Cub Finance (CUB) or PancakeSwap (CAKE)?

Cub Finance and Pancakeswap both are DeFi yield platforms on the Binance smart chain and allows a specific set of liquidity pool benefits.

Pancakeswap currently supports NFTs and the IFOs whereas Cub Finance offers support for only IDOs for now.

Cub Finance also has the feature of the LeoBridge which is useful for many investors.

These differences between the two platforms is reflected in the marketplace price of the respective platform tokens.

In the end, the choice comes down to the selection of liquidity pools and expected returns from farms and exchanges.

DYOR and choose the platform that best fits your needs.


Cub Finance (CUB) pros and cons

In reviewing the roadmap for Cub Finance the future for this project indeed looks bright.

The goal for this project is lofty, but with the continued progress along the way, this goal is attainable.

Ultimately, Cub Finance aims to be an investor's 'One Stop Shop for Everything DeFi', with the CUB token at the heart of everything.

The pros and cons discussed herein apply equally to the CUB token as a stand-alone investment, as well as the various staking avenues offered on the Cub Finance platform itself.

In this subsection of the Cub Finance (CUB) guide, we investigate the pros and cons surrounding the project from the standpoint of being a potential investment vehicle.

Cub Finance (CUB) pros
  • Cub Finance is a product of LeoFinance, which is an active, supportive and vibrant community existing on the Hive Blockchain.

  • Cub Finance is supported by an extremely able and qualified team that continuously supplies positive results for the project.

  • Based on the LeoFinance team’s standing within the Hive and greater blockchain community, there is little chance of a rug pull from both a social and technical point of view.

  • Cub Finance utilises the Binance Smart Chain (BSC) with its lightning fast transaction speeds and low fees.

  • Access to Cub Finance’s LeoBridge, a tool that permits the permissionless conversion of ERC-20 (Ethereum) assets into BEP-20 (BSC) assets.

    Cub Finance’s LeoBridge is a tool that permits the permissionless conversion of ERC-20 (Ethereum) assets into BEP-20 (BSC) assets.

  • Cub Finance has moved away from PancakeSwap’s model to a more sustainable AutoFarm model.

  • Cub Finance has recently introduced its first IDO (Initial Decentralised Exchange Offering). The effect of offerings of this type for the Cub community is the massive burn of CUB tokens associated with each individual offering. These burns will significantly reduce the supply of CUB tokens in the market driving price.

  • Cub Finance provides an interoperable experience through utilisation of its bLEO token for BSC, wLEO token for ETH, and coming soon, pLEO for Polygon.

  • The Cub Finance platform has been audited by Certik providing an extra layer of investor security.

  • Finally, given all of the foregoing, the current price of a CUB token is grossly undervalued.

Cub Finance (CUB) cons
  • Cub Finance is a relative newcomer in the DeFi space (Launched in March of 2021).
  • Smart Contracts are utilised within Cub Finance's protocol and as such, these smart contracts are subject to hacks beyond the developers reach. Therefore, while this platform is relatively one of the safest available in the cryptosphere, it is not 100% free of risk.
Do the Cub Finance (CUB) pros outweigh the cons?

A quick review of the above shows that with respect to Cub Finance (CUB), the 'pros' (in number) appear to outweigh the 'cons'.

However, just because the sheer number of 'pros' outweigh the number of 'cons', this fact alone in no way implies the 'cons' should be ignored.

As with any investment decision, you must first assess your present financial condition, your overall investment strategy, as well as your tolerance for risk.

Armed with this information you should then follow a path of doing your own diligent research into the asset being considered.

With all of this information assembled you are finally ready to make your decision on whether to buy CUB.


Should I buy Cub Finance (CUB) in 2021?

While Cub Finance and its native CUB token is a relative newcomer to the DeFi scene on BSC, it sure does have a lot going in its favour.

In this subsection of our beginner’s guide, we investigate whether you should buy Cub Finance (CUB) tokens in 2021.

Kingdoms make Cub Finance (CUB) a buy in 2021

Normally we make no specific recommendations on whether or not to invest in a coin/token.

However, this is not the case with respect to a purchasing decision on CUB.

This is all down to 1 factor - Kingdoms.

Cub Finance has moved away from PancakeSwap’s model to a more sustainable AutoFarm model.

By introducing 'Kingdoms', the auto-compounding vault contracts where you stake tokens for cross-platform farming plus earn CUB rewards and BNB drips, less inflationary pressure has been placed on the CUB token.

'Kingdoms', the auto-compounding vault contracts where you stake tokens for cross-platform farming plus earn CUB rewards and BNB drips.

At present Cub Finance offers the following Kingdoms (APY's listed are as of the time of the writing of this subsection):

  1. CUB - APY = 67.50%
  2. CAKE - APY = 87.88%
  3. BNB-BUSD - APY = 34.32%
  4. ETH-BNB - APY = 18.05%
  5. DOT-BNB - APY = 33.70%
  6. BTC-BNB - APY = 16.53%
  7. beltBTC - APY = 10.77%
  8. beltETH - APY = 8.89%
  9. 4belt - APY = 19.80%
Final thoughts on buying Cub Finance (CUB) in 2021

Given all of the factors in favour of investing in Cub Finance (CUB), it’s our opinion that you should buy Cub Finance (CUB).

Nonetheless, as with any investment decision, you must first assess your present financial condition, your overall investment strategy, as well as your tolerance for risk.

Armed with this information you should then follow a path of doing your own diligent research into CUB.

With all of this information assembled you are finally ready to make your own personal final investment decision.




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