Decided to givbe it a try and staked CUB-BNB
The title says it all. i decided to stake the airdropped CUB tokens in to a CUB-BNB.
First time
To be honest this whole process took some time because i am a first timer to lots of those things. I am a first timer to the the BNB Token I am a first timer to the CUB Farming (like probably most of us because its still early.) I am a first timer to the BSC Chain and its wallet.
I am already in to DeFi like i already recommended you the Cake DFI service i am investing mostly. Read the Blogpost here
I had some wrong trials to figure out how it really works. But now those CUB's are staked and i bought a small amount of BNB to add to this liquidity pool.
Investment
I'll bet the combination of the juicy APY of CUB Finance and the investment of BNB (its a small investment.) will turn out to be a good choice.
Working
The best part is that the pool is already working as i am writing this post!! This is the future of finance! no waiting for transactions and bank workdays. No, it works instantly!!
Here we go: what i earned while i am writing this post!
Read more about CUB Finance
Read more about how to and why to here One of the awesome things compared to other DEFI projects running on ETH are the low fees! i mean check out the BSC Scanner, we are really talking about pennies here :)
DeFi Economy
Besides the personal aspects and chances to earn DeFi is a whole new economy evolving. Basically whatever a bank or institutional service offers you, a DeFi service will cover it in the future. This is why this market is so promising. Cake even plans to offer Stocks and commodities in the future. What are you waiting for? get on the train!
Disclaimer
This is no financial advice. Everything written is my opinion only and you should do your own research. Investing in Bitcoin and other cryptos, lending, DeFi, liquidity mining are high risk investments. You could lose everything, only invest what you can afford. Bear in mind that some of the links in this post are affiliate links and if you go through them to make a purchase I will earn a commission. Keep in mind that I link these companies and their products because of their quality and not because of the commission I receive from your purchases. The decision is yours, and whether or not you decide to buy something is completely up to you.
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