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Earning returns with Cubdefi.

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@niallon11
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Earning two different ways.


The first and easiest way is by staking $CUB to the kingdoms for some auto compounding magic.



It's only 20% at the moment but I love letting it stack up every single day and expect the price to start rising again at some stage.

0.021c has to be near the bottom and with buy and burn coming into effect this week I think we will start to see an upside sometime this year.

This is a perfect time to buy even more $CUB for myself and lock up even more of the liquidity out there.

Help to speed up the process.

With $217k in assets on the CUB MTB, we're burning over 200k CUB per month. What happens when that figure hits $420k? What happens when it hits $800k? The PolyCUB MTB is over $500k and it's generating ~$11k per month in revenue. This is an incredible amount of revenue on a tiny amount of TVL.
Ref: Leofinance


So this would assume that there is currently about $5K per month going towards burning $CUB and if the numbers keep growing that this amount will keep growing as well.


Option 2 for me. $CUB farms.


Since I am already accumulating $CUB in the kingdom, the farms are to increase my $HBD stack.



I have tokens in just two of the farms,

BHBD - CUB +

BHBD - BUSD

which have a slightly better return than the blockchain savings account at 47% and 24% respectively.

All of the $CUB from these two farms are being traded back into stable coins and added to my BHBD - BUSD farm.

It's a better return than on hive and it's also a liquid position in case of any more massive HBD pumps.

Until then I just claim it every couple of weeks and increase my stake.

The joys of DEFI.

Cubdefi hasn't gotten a lot of love in the past year but the team have been building towards a more sustainable site.

That's why I have kept increasing my stake and hope to see it come to fruition at some stage down the line.

We're on pace to burn 200k CUB this month. Prior to the launch of the Multi-Token Bridge - bHIVE and bHBD - we burned 518,952 CUB. This is an insane number... nearly 50% as much CUB as was burned since inception is being burned in just the 1st month of the Multi-Token Bridge being live.

It's going to be fun to see where this can go over the next few months.

Posted Using LeoFinance Beta