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Best way to earn yield on Ethereum - Cub Finance Kingdoms

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Direct from the desk of Dane Williams.


Optimise your current LP contract in a Cub Finance Kingdom and earn yield on Ethereum.

As we spoke about yesterday, the best way to earn yield on Bitcoin is by optimising your current LP contract in a Cub Finance Kingdom.

Cub Finance Kingdoms are cross-platform, auto compounding yield vaults.

These vaults essentially allow you to stake your LP contract and earn a third party asset.

When it comes to Kingdoms, the asset that you’re earning is the Cub Finance CUB token.

Today we take a step sideways across the crypto landscape, looking at the best way to earn yield on Ethereum.

Cub Finance Kingdoms for Ethereum

While there are obvious risks around wrapping your Ethereum on Binance Smart Chain (BSC) and staking on third party platforms like Cub Finance, it’s all a matter of risk:reward.

Do you think the reward of a higher yield earned on your Ethereum outweighs the risk of the BSC-based DeFi platform being hacked or rug pulling?

If the answer is yes, then optimising your LP contracts featuring Ethereum in a Cub Finance Kingdom is the perfect answer for you.

Let’s explore your options to earn yield on Ethereum in Kingdoms a little further.

Kingdom option 1 - ETH:BNB LP

First up, we have the ETH:BNB LP Kingdom which offers you the ability to earn 28.52% APY.

To earn this massive yield on your Ethereum, simply wrap and pool your ETH with BNB on PancakeSwap and then deposit your LP tokens into the Cub Finance Kingdom.

When you compare the TVL of $200K USD in the Cub Finance Kingdom with the $92 MILLION USD in the PancakeSwap ETH:BNB Farm that this Kingdom uses, you can get an idea of how much more you can earn.

Cub Finance Kingdoms are genuinely an undiscovered DeFi gem, offering investors 3x the yield on Ethereum.

Kingdom option 2 - BeltETH

If however, you think that ETH will soon reach 5K and therefore the risk of impermanent loss outweighs the higher yield available in the Kingdom above, there is an alternative.

You can still earn yield on Ethereum by entering the single stake ETH vault that uses Belt.

As you can see, the 25.88% APY on Belt is slightly less than the 28.52% APY on offer in the ETH:BNB LP Kingdom, but the drop is a lot less than what we see in Bitcoin’s single stake Cub Finance Kingdom.

This Kingdom pays such a high yield on Ethereum because there is very little competition.

While just like I mentioned above, these Cub Finance Kingdoms are essential undiscovered gems of the DeFi world, this surely won’t be the case forever.

We know that with increased TVLs, comes potentially lower yields.

Could polyCUB launching be the event that pushes the entire Cub Finance DeFi platform family into the mainstream where it belongs?

Cub Finance farm yields skyrocketing before polyCUB airdrop

Just before wrapping up, I wanted to talk about the shifting yields on offer in the CUB Kingdoms and Farms.

With investors savouring the prospect of an upcoming airdrop, we’re continuing to see money shift out of the safehaven CUB:BUSD LP and into the CUB Kingdom.

APYs in the safest LP aren’t quite at the 170% level I highlighted a few months ago when yields were skyrocketing, but as money floods back into the Kingdom, they’re back over 100%.

For me, this shows how diamond pawed the LeoFinance community, who are the ones primarily invested in CUB, are.

If you’re looking for somewhere to earn yield on Ethereum, but worried about the prospect of a hack or rug pull, surely this sort of behaviour from an OG crypto community helps calm the nerves?

So if you’re trying to earn yield on Ethereum, head to cubdefi.com, connect your MetaMask wallet and check out all of the available Kingdoms.

You won’t be disappointed.

Best of probabilities to you.

Posted Using LeoFinance Beta