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BSC DeFi With CubFinance and TreeDefi

avatar of @ervin-lemark
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@ervin-lemark
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2 min read

After two weeks of being off #defi adventures I am going back in with two sites:

For a week I was following the price of their internal tokens ($CUB, $SEED, $TREE) and they were relatively stable. If 18% margin is stable in your eyes :)

During this period the low/high price ratio was:

  • $CUB 14%
  • $SEED 18%
  • $TREE 12%

At this moment the prices are more to the low end which can be seen as an opportunity. We'll see ...

I have some spare $BUSD which I will divide into four equal parts and put into the following pools/stakes:

  • CubFinance CUB-BUSD LP
  • Tree Defi SEED-BUSD LP
  • Tree Defi SEED-TREE LP
  • Tree Defi Auto SEED

Several transactions later ...

All four channels filled. The BSC transaction fees were $2.15 in total. At the moment the invested amount is 2.3 % lower than what I started with. It's due to the fees and minor price fluctuation.

Now, I'll sit back and enjoy the view. I will compound the pools manually on occasion. Maybe.

With the Tree Defi Auto SEED the compounding is automatic and there is no fee if you unstake $SEED three days after your last action.

Oh, what are the starting numbers? For those who are interested in APR, APY, TL, LP and stuff :)

PoolToken PriceAPR% / APY%LiquidityTotal LP
CubFinance CUB-BUSD LP0.540163.361,138,143.00756,862.080
Tree Defi SEED-BUSD LP31.043223.783,292,775.00231,355.116
Tree Defi SEED-TREE LP398.987159.333,208,347.0013,928.942
Tree Defi Auto SEED31.043389.90134,084.40

After several days I'll come back with a status update.

Wish me luck :)


TreeDefi, my favourite BSC #defi site

You can stake $SEED for their merch. How cool is that?


Better and better

Posted Using LeoFinance Beta