Posts

bHBD-bUSD, My favorite pool on CubFinance

avatar of @jersteemit
25
@jersteemit
·
·
0 views
·
1 min read

Hello Everyone,

It's no news that the Leofinance team introduced the V2 phase 1 of CubFinance by launching three new LP on the farms with bHBD-bUSD, bHIVE-CUB and bHBD-CUB. This move has seen over $140k in liquidity pump in across those three farms.

The bHBD-bUSD happens to have the highest in terms of liquidity provided amongst the three with about $80k locked up in there. It's no surprise to see it with considering lot of people opting for stables lately.

Stables seems to be thriving these days, the market capitalization of USDT, USDC, bUSD tells a lot. It also happens to be a great way to promote any DeFi platform with many looking to hedge inflation while building their savings

Also following along the same line, I have been jumping into stables more lately due to the instability of the crypto market and the impressive interest one stands to gain from providing liquidity there.

As at the time of writing this, the pool APR currently sits at 26.06% which is quite a good one for locking up funds in a stable coin. This is arguably the best one can get anywhere. The goal is to build in stables to a much suitable position before end of the year.

Looking for where to lock up your savings, bHBD-bUSD on CubFinance got your back. An alternative recommendation happens to the be the sister project of PolyCub with pHBD-USDC which offers similar APR. Don't miss on building your savings through this pairs.

Thanks for Reading

Posted Using LeoFinance Beta