My 24 Hour Journey In DeFi & CubFinance
The funny thing about being in the crypto space is...
There seems to be something new to learn every day you come online.
And the DeFi space scared me. Big time! I heard about it, saw the insane obsession people seemed to have but I considered it way above my pay grade.
For the 'smart' crypto investors...Not for dollar cost average guys like me.
But then this happened....
I've been a huge fan of Leo since Steem Engine days...And have wanted to support the community and project everywhere I can. And they were launching a DeFi platform on Binance...So I told myself...Don't miss out....Again!
Again?
Yeah the whole WLEO thing passed me by...I detest Ethereum. It's a great token if you hold it and mine it, but using it isn't let's say...The most user friendly experience. Arguably the worst lol
And top it all off, it costs a mortgage payment to use it...
So I missed out on WLEO....But I would be DAMNED if I was going to miss out on Cub!
So I was ready for yesterday....
I started by telling my wife and kids, I'll need the office door shut and quiet for a few hours LOL
And then started with the docs....
These really helped. And it was funny that @LeoFinance kept pointing people to them on their official news release for CUB, but rightfully so.
They were great...All until I got...Providing liquidity....
Oh boy!
First attempt...Failure! I couldn't figure this out;
O.k., no sweat Jon...Go through the steps again and make sure you did exactly what was laid out...
Second attempt....Failure!
WTH!!!!!!
I don't understand...Oh this isn't for me, why do they make this so complicated?
Stop whining, I told myself, go through it again and see what you missed....
Third attempt....Failure!
&(jfdjurj^9373o3j#$O##k!!!!!!!!!!!!!!!!!
Oh I was raging now :)
That's it I'm done....I was about to shut it all down and then I said....Why not ask a few people if they could see where I went wrong?
I asked the @brofund discord and even our own @clicktrackprofit discord too....And literally at the same time, @achim03 and @raymondspeaks answered....
"Hey man, do you have any BNB in your Wallet?"
My hatred for Ethereum had me in 'ETH mindset' instead of....BNB mindset lol
And....This is why you should NEVER leave me with anything technical...
Of course, this was the issue and after I corrected my 'in your face' mistake.....
I picked my first 'farm':
I had 400 liquid LEO that I brought over and then paired it with a little over 1 BNB token to get into that pool.
The APR for this was like 10k or something insane last night and I know this stuff is very volatile, but I'm in it baby! I'm officially in the DeFi game and after 24 hours, here's where I stand:
Over $100 bucks worth of CUB token...Which of course, I'm just going to send to a DEN and earn more on it...
So....
The Verdict
Today I was with @nathanmars and @taskmaster4450 for a live stream and Task said something that really hit home to me...
I'm paraphrasing but:
"How long so people go to college? For a degree or to master something? 4 years minimum...And here we are in the crypto space getting frustrated if we don't learn something in 5 minutes or less. Spend the time, dive into this stuff and actually put in the effort to LEARN about crypto, DeFi and all the amazing projects being created here...It's worth it!"
That's my lesson to myself...Don't give up, poke around and learn every single day. There are plenty of resources out there and we are in the best community to do just that.
So 24 hours into Cub Finance....I'm LOVING the journey that much more!
Posted Using LeoFinance Beta
