Posts

I'm loving Cubfinance right now.

avatar of @niallon11
25
@niallon11
·
·
0 views
·
2 min read

Easy passive income.



It's the simplicity that makes it so attractive.

Obviously the fact that you are currently getting a huge airdrop of polycub daily helps but it's not the real reason for it.

Cubfinance is the perfect savings account for storing funds at the moment for me.

The compounding kingdom with 63% APR is amazing. The price has been relatively steady for the past couple of months especially compared to a lot of our options which is very attractive to me personally. I also think that the price is on the low side so have no problem buying and stacking for my savings fund.

I can currently bridge USDC across multiple chains and have been able to use LEO to BSC bridge for moving more and more hive assets into CUB. Selling a lot of the tribe tokens to Leo and buying cub with it.

It's the easiest path for me to withdraw funds from my various accounts through metamask to crypto.com for spending.

For every thousand dollars of CUB staked you earn about $1.32 daily.

Since moving more and more funds to cubdefi over the past month i've been getting closer to my target of 100K staked to the kingdom and should be able to get there in the next month or two.

  • Earn interest on multiple platforms.
  • Bridge to BSC.
  • Convert to CUB.
  • Stake to the kingdom.
  • Earn daily interest.
  • Withdraw when needed.
  • Swap to USDC
  • Withdraw to crypto.com
  • Convert to euro.

It's simple but effective and if the prices rise at any stage a huge win across the board. Even if they don't rise the interest is up to almost 125 CUB per day now and stacking fast.

I have funds on Matic, Hive, Atom in defi pools but this is by far my favorite way to do it.

I hate liquidity pooling and much rather single stake vaults such as this but there have never been any quite as good as the one on cubdefi for me.

Xpolycub might be the exception to the rule but until things settle down over there it's hard to know which direction that will take.

This is making the funds work for me without any effort required. This is the best situation to be in right now and if i could have 10x in Cub i would be delighted. Until then it's just about increasing my stake on a daily business and letting the power of compounding interest do its thing.

Posted Using LeoFinance Beta