Posts

Into the Kingdoms, sticking with what I know (sort of!)

avatar of @revise.leo
25
@revise.leo
·
·
0 views
·
2 min read

I've learnt the moderately-difficult way that I'm probably better off just sticking with CubDefi where DEFI is concerned!

So I've very recently piled into the Kingdoms and recently gone in harder on the bleo-BNB and DEC-BUSD farms too....

I won't disclose how much I've put into those three Kingdoms (but enough to yield me over 20 Cub in 24 hours) or the farms, but I'm back to about 80% in CubDefi now, up from 65% a couple of weeks back, and TBH half of what's on PolyCat is now just sitting there waiting to go into Cub when that launches on Polygon!

I say that learning to stick with Cub has been a 'moderately difficult' rather than a 'hard' lesson - because I've tried out several other DEFI options including:

But I HAVEN'T actually LOST any money from trying the above Platforms out.

Rather, I've piled into the top three and found that after a few weeks the returns are coming down and I've just about covered my entry fee, then the returns were worse than the sustained returns on Cub.

Although having said that, this was while the Cub price was coming down and down too.

And with the later, well, ThorSwap has just been hacked and the Rune price has dropped to below $5 - but when you bought most of your Rune at $0.40, I can't really count that as a loss (I'm not in the ETH pool!).

So as far as the top three are concerned - I should have just stuck with Cub rather than chasing those initial APYs which then rapidly sunk!

So here I am, sticking for now (mainly) with Cub!

Although in fairness I never really pulled that much out of Cub in the first place!

Oh, and I say 'sticking with what I know sort of' because BELT is new to me, watch this space for a post on that, spoiler - after an initial 'WTF IS BELT' moment, I now quite likes what I sees!

Posted Using LeoFinance Beta