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CUB FINANCE: Harvesting & Compounding CUB

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mobi72
@mobi72
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CUB Finance has made huge waves in the sea of DeFi even in this its early stage and the reasons are quite simple; it has the trust of a very large and dedicated community, a team with an excellent track record of delivery and success, out of the box thinking and in providing the best possible solutions (LeoBridge) to the users.

That's not all, alongside these, there are many other reasons CUB Finance is standing at $12 million TVL (Total Value Locked) in its first week, and it is always better to be connected with and a part of a promising platform sooner than later.

There are Dens and Farms on CUB Finance.

Dens, where users stake $CUB, $BUSD, $WBNB, $USDT, $BTCB, $ETH, $DAI, $USDC, $DOT & $CAKE (Get some DEC, DEC from splinterlands is also coming on CUB Finance) and earn $CUB in return.

Farms, where users stake LP tokens for different pools.

HARVESTING:

Harvesting is one of the most exciting things after depositing your assets on a DeFi platform, at least for me.

Keep in mind, though, the transactions fees on BSC are next to none, it is considerable to think before act if you are a small investor like me. Of course, decision is yours, but I won't recommend to harvest small amounts.

I staked a few $CUB and provided liquidity to two pools, bLEO-BNB and CUB-BUSD, so when decided to harvest, I was glad to see the option of harvesting all three at once.

Otherwise, you can harvest separately, because It is possible you do not have enough $CUB to harvest and will waste your money on the transaction fee, be patient. My experience with this option, it is convenient to just go to the home page and harvest all of your $CUB at once.

This was me experimenting different options. I am more into re-investing, though.

COMPOUNDING:

For the users who believe in reinvesting up until a certain point, CUB Finance gives the option "Compound".

You don't have to harvest and then stake, giving the fees twice, instead, users who want to stake their farmed $CUB, they can use this option.

This is only available for Dens, because for Farms you first have to get LP tokens.

NOTE:

If you haven't converted your Hive Engine CUB into BSC CUB then do it at https://wleo.io/cub and do it fast, around 24 hours are left before it ends.

You'll need BSC Wallet address, HIVE ID and the exact number of CUB tokens.

Posted Using LeoFinance Beta