Best DeFi variable staking? - Cub Finance Kingdoms
Direct from the desk of Dane Williams.
A guide to Cub Finance’s newest variable staking option inside Kingdoms, offering both flexible and fixed-term staking rewards for your CUB.
By staking your CUB tokens into the new Kingdom, you are able to receive auto-compounding rewards either flexibly or over a fixed term.
Obviously the longer you stake and therefore lock your CUB away in this variable staking kingdom, the higher your yields will be.
The advantages of variable staking on Cub Finance are that unlike adding liquidity to farms, Kingdoms are single asset pools.
This means that you have no LP exposure to price swings and impermanent loss.
Just one click, simple staking of your CUB assets with the ability to earn yield.
For the technical mechanics of how Cub Kingdoms generate yield to not only pay those with stake, but also so the CUB DAO can continue to generate revenue to autonomously buy back and burn CUB, I’d encourage you to read the Docs.
How does variable staking on Cub Finance work?
When it comes to variable staking on Cub Finance, you’re presented with two options:
- Flexible staking
- Fixed-term staking
The basic premise being that flexible staking has lower yields, but you’re able to access your tokens at any time.
Fixed-temr staking on the other hand will offer higher yields, but your tokens are locked for your chosen term.
Meaning that you’re being paid more for taking your tokens out of circulation and not being able to dump them on the market if price rips higher.
Click Kingdoms in the left menu and select the top CUB Kingdom.
After approving the contract, choose between flexible or locked (fixed-term) staking by clicking whichever button you want to go with.
For flexible staking, choose your stake and confirm the transaction.
For fixed-term staking, choose your stake, term and confirm the transaction.
Depending on your choice, your yield will finally be displayed in the top right hand corner of the Kingdom box.
Should I move my CUB to the new variable staking Kingdom?
If you’re currency in the old Kingdom, then yes, you should move your CUB into the new.
By moving your CUB into the new variable staking Kingdom, you will receive a higher APR.
Especially if your CUB is just sitting in the Kingdom for a long term hold and you have no plans on selling it.
As for what is the best staking term to lock your CUB away for, well that’s entirely up to you.
There is no correct answer to this one and it all ultimately comes down to how you feel you’ll hit your personal investment goals.
Pro tip: As both flexible and fixed-term staked CUB are held within the same pool, you’re able to convert between the 2 at the click of a button.
So if you’re not sure, start with flex and up your staking term once you’re more comfortable making the call.
Final thoughts on Cub Finance’s variable staking Kingdoms
I want to wrap up by briefly mentioning the LeoFinance team’s shift to DeFi 2.0 and their renewed focus on generating sustainable, reliable and growing yields in DeFi.
We all get sucked into looking for price moonshots on DeFi tokens like CUB and POLYCUB, when we should be worrying about sustainability instead.
What returns do you get in a 1 off pump and dump?
A 100% return would be considered a great result, right?
You dump your tokens, double your money and never think about that particular investment or coin again.
But as I mentioned above, we should instead be looking for price stability in DeFi tokens like CUB.
If price stays stable and you are earning 50% yields on your investment, sure it will take you twice as long.
But with sustainability comes the ability for you to keep earning.
Day after day, year after year.
Just grinding out a passive income from your DeFi investment.
So if you’re looking for the best DeFi option, focus on whether the platform facilitates sustainability in its native token.
Thanks to the Multi-Token Bridge revenue model, Cub Finance becomes not only a viable choice, but one of the best in the industry.
Cub’s variable staking options just add to the platform’s appeal.
Best of probabilities to you.
PS. If you’re a LEO investor who is unsure about the value of Cub, click here to learn how CUB Finance adds value to LEO.
Posted Using LeoFinance Beta