No Time To Sleep
When you're involved in DeFi farms, one thing you do constantly is check those details that can influence you wallet. Today is one of those days when nothing is boring as things are changing fast.
One of the surprises of the day is the APR of the bLEO - BNB LP, that got from around 188% the last couple of days to 244.49% at the moment of writing. bLEO is paired with BNB, a highly volatile coin that went crazy a week ago and has been continuing its roller coaster ride ever since.
I'm curious to see how that 244.49% APR will reflect in my earnings. I'm in bLEO - BNB liquidity pool from day one and have been enjoying the benefits, the CUB earned helped me join the other pools and I hope to continue my journey.
CUB also had a very interesting evolution for the past 24 hours.
15m BNB/BUSD chart on Binance
Today was absolutely crazy for BNB too, the 24h high was $590.50, while the 24h low was $523.50. Whoever was selling or buying, it was a good occasion to take advantage of the ups and downs. BNB dropping like that and CUB going up has caused some impermanent loss as my CUB was sold for BNB but this is temporary, so no need to panic.
LEO, WLEO and HIVE is red and dropping, which means this is a good time to invest, consolidate your position on Hive and Leo.
15m BTC/BUSD chart on Binance
BTC wrote history today, reaching a new ATH at $64,918.96 and for now it stays above $62k, but this may change as with BTC you never know. It's a promising start but it's still HODL time, no time to sell. I could already make a nice profit selling my BTC but I'm in for the long run, so just HODL.
What's Next
Those who are trading will have a nice occasion to take advantage of the market's volatility.
Kingdom is coming soon, although we have no idea what soon means. We've been waiting for project blank for a couple of months now, maybe even more and it's not here yet, no one is talking about it.
However, once Kingdom is here, BTC HODLers will have the possibility to put their BTC in the vault and earn both BTC and CUB as well.
Utilizing Smart Contracts, Kingdoms allow users to essentially earn rewards on two separate platforms at the same time. It also takes the non-CUB portion of those rewards and autocompounds it into the base asset position (i.e. pool BTC in Kingdoms and earn BTC + CUB).
Our setup for Kingdoms is one of the most unique pooling methods on Binance Smart Chain right now. We think Kingdoms will position CUB for $100m + TVL with relative ease. source
Three of the dens (BTC, ETH, DOT) will be replaced with vaults and another 3 vaults will be added: CAKE, WBNB and WBNB-BUSD to be precise.
I'm interested in two of the vaults, WBNB and WBNB-BUSD, although I have to see how WBNB-BUSD vault will work.
If the team's estimation is correct and Kingdoms will position CUB for $100m + TVL, will change things around here. We may see some migration. I wish I had a few bags full of BUSD or crypto, to invest in everything, but I don't, so I need to choose wisely.
Posted Using LeoFinance Beta
