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Cub Finance: Investing into the xPolyCUB kingdom

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@jfang003
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It's getting close to the end of the month and I want to move some LEO over to some of the CUB-related platforms. Just like last month, I am conflicted about which options I should pick and the returns on most of the pools have also dropped quite a bit. In the end, just looking at the returns I had to decide between two options and choose the xPolyCUB kingdom.

CUB

No new changes to the roadmap documentation page and there hasn't been anything new announced for Cub

PolyCUB

PolyCUB recently came out with the pHBD/USDC pool and the first xPolyCUB vote is also complete. The governance vote ended with the claiming penalty reduced down to 30 days so it's more manageable for everyone involved and it is also the choice I picked.

Nothing new changed in the PolyCUB roadmap, but I did see the following about anticipated dates for the new features there. It's already the end of April and bonding has not come out so I think these dates are wrong. There haven't been many updates in regards to when these features will be released.

Where did I invest?

As usual, I checked the BSC and Polygon farms and none of them appealed to me that much. I don't exactly like pairing the farm tokens as much and the pLEO and bLEO pool has a lower APR than last month. It's probably being affected by the price of CUB and PolyCUB.

xPolyCUB APR has dropped quite a bit and CUB kingdom looks fine compared to last month. The fiat value of CUB may be down but the ARY is only slightly lower.

With all the development on PolyCUB, I decided to move my investment into PolyCUB and the xPolyCUB pool. I believe the airdrop will be ending soon and I want more influence in the xPolyCUB governance. I know that 200 LEO won't get me too much PolyCUB but it's deflationary and I think prices are starting to bottom out. So now is the perfect time to start adding in some more xPolyCUB. The other choice was the CUB kingdom but I didn't see any immediate gain for investing there so I did the xPolyCUB kingdom instead.

Monthly Add

I sent 201 LEO tokens over to my metamask wallet using the the wLEO bridge. From this swap over, I got 200 pLEO tokens. I swapped my pLEO into xPolyCUB.

I have been staking my airdrop and the above tokens to get the following xPolyCUB balance. I just went with the fee that Metamask gave me and the final transaction took over an hour to finish. I could speed it up but I wasn't in any rush.

I harvested my CUB and I added 156 CUB into my kingdom you can see my current CUB kingdom below.

I would like to report on my holdings on the BSC side but mycublp has been down for a while and I don't know any other way to easily tell how much I have in the pool. If anyone has another way to tell how much I have currently in the liquidity pools for my farms, please let me know.

Please make sure to invest only what you can afford to lose and nothing I said is financial advice. Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.

Posted Using LeoFinance Beta