Cub Kingdoms: The Most Underrated Opportunity in DeFi | Earn Up to 75% Yield on BTC, SPS, Stablecoins and More
Cub Kingdoms are one of the most underrated opportunities in all of DeFi. We say this not only because CubFinance is a LeoFinance Web3 Ecosystem Application but because the math actually supports it.
In this post, we'll do something that should have been an ongoing effort for the past ~year since CUB came into existence. We'll talk about the opportunities of CubFinance and why YOU aren't fully taking advantage of them.
In yesterday's AMA, someone asked the question: will CubFinance be forgotten when PolyCUB launches.
PolyCUB is an extremely exciting platform. It offers a deflationary, DeFi 2.0 approach to Yield Optimization on the Polygon Network. This platform is going to change everything as it brings a ridiculous level of opportunity to our Web3 Ecosystem through the $1M airdrop of POLYCUB to CUB stakers and incentivizes a new pLEO-MATIC pool with 1,000%+ APY.
With this new platform coming into existence, it can seem like we're leaving other things in the dust. That is not the case. In fact, @taskmaster4450 often writes about the LeoFinance Web3 ecosystem and the vision he sees for it expanding far and wide by building these feeder applications. His latest update was given in this post "Leofinance In A Year Or Two".
CubFinance offers a lot of opportunities on the Binance Smart Chain (BSC). It is crazy to look at the numbers and compare our platform to other Yield Optimizing apps on Binance Smart Chain.
Cub has actually outlasted 99% of yield farming apps on BSC. We did this with two things:
- A hardcore layer 0 community (you)
- Migrating CubFinance from DeFi 1.0 to DeFi 2.0 (turning it from Yield Farming to Yield Optimizing with PoL features)
As a community, we need to continually hammer home the opportunities provided by CubFinance. The world simply doesn't know that we offer the highest APY on BTC, SPS, CAKE, ETH, Stablecoins... on Binance Smart Chain. This is a marketing issue. The development is there and the contracts + tokenomics are superior to our "competitors". We need to push this message as a team and community now more than ever as we're on the cusp of doing it all over again on Polygon.
The interaction between CUB and PolyCUB is extremely important. Both utilize similar contracts and our development of features like PolyCUB bonding have led to the migration of those contracts to the CubFinance platform. After the launch of PolyCUB, you'll see the launch of CUB (BSC) Bonding which will kickstart Protocol Owned Liquidity and forever change the tokenomic sustainability behind the CUB ecosystem.
For now, let's focus on growing Cub Kingdoms TVL by explaining the opportunity that CubFinance delivers!
Bitcoin - Earn 23.58% APY on BTC-BNB!
On Kingdoms, you can earn a 23.58% APY on your BTC when you pool it with BNB on Pancakeswap and deposit the LP tokens.
As with all of our Kingdoms, the yield we offer is far higher than any other Yield Optimizer we've seen. Especially platforms that have been around as long as CubFinance. It's an incredible opportunity and one that not many are taking advantage of.
As you can see with this Kingdom, the TVL is only $263,000 USD.
In this screenshot, you see the BTCB-BNB Farm on Pancakeswap (this is the farm that the Kingdom Vault Contract pools your BTCB-BNB in). The Farm has $88 million USD pooled in it!
That's a massive opportunity. Right now, the majority of that capital is earning just about 10% APY by leaving it on Pancakeswap and not in a Yield Optimizer like CubFinance.
With our Yield Optimizer contract, they would be earning 2x as much yield per year.
If you don't like the idea of exposure to Impermanent Loss in the BTC-BNB Kingdom, then we also have a single stake BTC vault that uses Belt. This vault earns far less APY but there is 0 exposure to IL because you are only staking and earning BTC.
This Kingdom has 2x as much TVL as the BTC-BNB Kingdom.
ETH - Earn Up to 28.52% APY!
Our ETH-BNB Kingdom also Optimizes the Pancakeswap Farm for ETH-BNB (similar to the BTC-BNB Kingdom). It currently pays 28.52% APY and has a TVL of $200k USD.
Right now, there is $92M USD in the ETH-BNB Farm that this Kingdom is based on. Again, they're only earning about 10% APY on their assets meanwhile our Kingdom is paying nearly 3x that APY via our optimzied compounding + CUB Rewards!
Similar to BTC, if you don't like the idea of IL we also have a single-sided ETH vault that is based on Belt. This one pays a whopping 25.88% APY right now and there is only $153k USD TVL. There is very little competition in this particular Kingdom as many have migrated ETH to Polygon yield farms.
BNB - Earn Up to 46.20% APY!
Yeah, you read that right. 46.20% APY to sit in the BNB-BUSD Kingdom. The TVL in this Kingdom is currently $186k USD.
What makes this Kingdom unique is the Farm APY provided by PancakeSwap. For many reasons, the base APY of this vault is incredibly high. If you dive into the numbers, you'll see that the Farm APR itself is only 6.24% (this is the yield paid out as CAKE) but the actual LP Rewards are where things get truly interesting.
The LP Rewards (the small trading fee applied to all swaps in the BNB-BUSD Pool) is nearly 20%. This is because of the massive trading volume each day between BNB and BUSD on Binance Smart Chain.
The BNB-BUSD Kingdom then pays you 18.72% APY in CUB on top of all this... This makes the BNB-BUSD Kingdom one of the most attractive opportunities on Binance Smart Chain right now.
With crypto markets in a massive state of volatility right now, it can make sense to hodl an altcoin paired with a stablecoin to hedge some risk on the downside.
By sitting in this Kingdom, you are exposed to some IL both on the upside and downside but you also hedge your risk by not being 100% exposed to the crypto markets. It's an interesting way to bet on crypto but not be all-in on crypto.
In addition to the BNB-BUSD Kingdom, most of the other Kingdoms are actually paired against BNB. This makes BNB the most versatile and utilized assst on CubFinance and there are a number of ways to LP it and earn yield.
Stablecoins - Earn 20.52% APY!
Ah beloved Stablecoins. As @dalz wrote in a report the other day: Stablecoins continue to skyrocket in TVL across the board in the Crypto Industry.
The masses are being onboarded to Crypto and DeFi incredibly fast and this has made for an interesting rise in the usage of stablecoin assets.
Earning 8-15% yield is where many people have landed on Stablecoin DeFi. It depends on where you look.
Right now, you can earn 20.52% APY on your stablecoins in the Kingdoms on CubFinance. There is also another Cub Kingdom which will be launched later this year that will further optimize the cross-chain opportunities of pooling Stablecoins. For now, CubFinance users are enjoying some of the highest stablecoin yields on one of the longest standing DeFi platforms to-date.
Cake - 73.11% APY for the OG DeFi Platform on BSC
CubFinance Kingdoms are paying 73.11% APY on CAKE right now. Compare this to the 61.72% APY paid on Pancakeswap itself and you can see the opportunity in optimizing your yield even further than PCS allows.
The current TVL in this Kingdom is $344k while the TVL on Pancakeswap is $965,602,761.002. The opportunity to capitalize on CAKE is utterly ridiculous. We need to push this to the entire DeFi space on BSC!
SPS & DEC: Up to 48.38% APY!
Local to the Hive blockchain, SPS-BNB is a Kingdom for the Splintershards (SPS) asset in the @splinterlands NFT P2E game.
Right now there is $280k TVL in the SPS-BNB Kingdom while there is $4.4M in the Pancakeswap farm that the Kingdom uses for Yield Optimization.
There is also a DEC-BUSD Farm available on CubFinance (not a Kingdom) since we host the only yield-incentivized farm for DEC. The APY often hovers around 10% for being in that farm and it often acts like a stablecoin farm.
LEO - Lions Are Earning 86.85% APY By Staking bLEO-BNB
Did you know that you can buy bLEO and stake it on CubFinance for 86.85% APY?
Right now there is only $446,739 USD in TVL on this CubFinance Farm and out of this list of underrated opportunities, it ranks highest for a number of reasons.
You can bet big on the future of LeoFinance, our Web3 Ecosystem Vision and the future of this entire community WHILE EARNING 86.85% APY for just sitting in the farm and staking bLEO paired with BNB.
It's insane that there is only $446,739 in this liquidity pool but that is the reality we're living in. With the launch of PolyCUB imminent, CUB is already up 15-20% since our AMA yesterday. As CUB rises in value, this APR (in fact, all APYs across CubFinance Kingdoms and Farms) will rise.
LeoFinance is launching pLEO (Polygon LEO) simultaneously with the launch of PolyCUB. This will include a pLEO-MATIC Farm on PolyCUB that will be deeply incentivized (likely over 1,000% APY for the first several weeks).
We're also building out LeoBridge V3 which will include an extension from BSC to Polygon via bLEO and pLEO. This means massive trading volume, low gas fees (as compared to current LeoBridge which only works ETH->BSC and has high ETH Gas Fees) and liquidity black hole theory playing out to the advantage of our entire Web3 ecosystem.
The future of the LeoFinance Web3 Ecosystem is being fulfilled with the launch of PolyCUB as we have this deeply incentivized (86.85% APY) Liquidity Pool for bLEO on CubFinance TODAY and in the coming days we'll have a deeply incentivized pLEO pool on PolyCUB.
The opportunity to earn with LEO, CUB and the Cub and PolyCUB Kingdoms are truly massive. What are you waiting for? "Pool Early and Pool Often" - @nealmcspadden
Engagement Contest - 600 CUB Up for Grabs!
We've been running engagement contests with all of our latest releases. In fact, the Curation Team is coming up with our top 5 picks for the Hivestats contest we released 7 days ago as we speak.
Today's Engagement Contest is to share the opportunity of CubFinance Kingdoms. We have built an incredible Yield Optimizing platform that has the best yields across Binance Smart Chain. The world outside of LeoFinance and Hive simply does not yet know about what we have to offer.
- Write about CubFinance and Kingdoms Opportunities
- Talk about your experience pooling assets and earning yield on Cub Kingdoms
- Make Images (bonus) or utilize the images in this post and share them in your post
- Share your post in other communities, Twitter, Facebook, Discord: We have SimpleAnalytics Tracking links which will play a factor in picking our top 3 winners!
- Tag your post with "cub"
Rewards:
- Upvotes on all entries from @leo.voter (2.3M HIVE POWER)
- 3 Winners Chosen by the Leo Curation Team Will Earn 200 CUB Each!
Winners will be chosen when this post pays out (in 7 days).
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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