CUB Finance v2 Farms - Worth to Invest?
De-Fi is the most necessary product of blockchain amid the financial crisis of this era. In the existing monetary system, the centralized institutions decide the monetary policy and apply it. However, in decentralized finance, there is no middle man to intervene between you and your money!
As there is no central bank, bank, or financial consultant, it is our responsibility to manage our digital assets in the best way to make good and sustainable returns. At that point, the De-Fi projects play an essential role in giving us a hand!
When you check DefiLlama, $90b digital assets are locked in De-Fi projects.
All of these DeFi projects are operating at the top of most popular blockchains such as ETH, AVAX, SOL, BNB and ETH L2 chains. While PolyCUB is the project that we can cross-chain our Hive assets on Polygon, CUB will be its BSC version with juicy APR like its twin!
Reviving CUB Token
I call it "reviving" because CUB Finance was under development for some time that the token holders decided to realize their earnings. As a consequence of sell-off, the price dropped to as low as $0.022 cents.
Though the buy pressure on the token was relatively less effective over the sell pressure, the newly integrated CUB Farms + Growing PoL + Bridging Fees may push the price higher easily.
What Will Push the Price Up?
Let's examine it on a single snapshot: According to Pancake Swap Data, the investors get 56.15% APR for their investment in CUB / BUSD pool.
When somebody thinks that CUB token already tested lowest points before the second version of the farms were deployed and it can be a sound idea to enjoy such a decent return, then the decision starts yielding positive returns on CUB platform.
For Liquidiity** -> CUB Tokens are staked on CUB + BUSD / BHIVE / BHBD / BNB
- IF Hive assets are bridged -> Bridge Fees collected (buys CUB) When LP Staked** -> LP Reward Fees are accumulated (buys CUB)
- When Liquidity Added -> Protocol-owned Liquidity grows (buys CUB)
Then, we can make an assessment of risks by considering some possibilities:
With v2, Minimized Risks & High Return โ
If the token stays above $0.3 cents thanks to buy-back, the risk of loss of value is eliminated. If, I also provide liquditity to a stablecoin pair, it minimizes the risks on a big scale!
In that case, CUB Farms are pretty juicy.
IF you do not want to deal with any risks of value -> BHBD / BUSD Stablecoin Farm ๐ฅ
It did not take too long for the farm to have $56,514 liquidity on CUB Finance. When the APY is considered, it reaches up to 70% ๐ Basically, transferring the HBD you earn via LeoBridge will enable you to get nice return for your cross-chain operation.
@anomadsoul has a tutorial video to show how to bridge your Hive assets.
TL;DR
Binance Smart Chain is one of the most popular blockchains that crpto investors lock their value on. CUB Finance is the project by LeoFinance team that make Hive assets cross-chain with the v2 Farms on it.
If you think CUB token will not have another All-time Low again, providing CUB Farms can let you get juicy APR rates while helping more CUB tokens to be burned.
IF you want to decrease the risk as low as nearly 0, HBD stablecoin farm may also work fine for you! thanks to BHBD / BUSD farm, you can enjoy up to 70% APY for your stablecoin investment.
Depending on your investor profile & De-Fi experience, there are options available for you. I'll focus on CUB - BHBD and BHBD - BUSD Farms to enjoy my earnings โ๐ผ
Posted Using LeoFinance Beta
