The Hive blockchain has long been one of the best places to earn a return in crypto. Prior to all of the DeFi development, Hive was the original CryptoFi. We were all drawn to this blockchain for a myriad of reasons but one huge reason was the idea that we could use our brain power (content) and our capital (HIVE POWER) to earn yield every single year.
Now, there are so many options to do this and so many different benefits for each option. It depends on what you like and often, the best choice is diversification.
You can
- Stake HBD on-chain and earn 20% APY
- Stake HIVE on-chain and earn ~10% APY
But now there are other options. There are derivatives both on-chain and off-chain.
Enter bHBD and bHIVE.
Earn 2x As Much Yield on Your HBD (40% APY)
CubFinance is aiming to build the #1 derivatives platform for HBD and HIVE. We desparately need to decentralize liquidity for the Hive blockchain and we're offering a piece of that solution. We believe in a future where there are many pieces that are similar and CUB aims to deepen liquidity on BSC.
Right now, you can earn 39.57% APY on your bHBD-BUSD liquidity. Just wrap HBD to bHBD using https://wleo.io/hbd-bsc/ and instantly provide liquidity and start earning.
Some benefits to this:
- You earn daily instead of claiming interest 1x per month on-chain. This lets you compound your earnings back into HBD faster. Stack moar!
- You have instant liquidity meaning that you have instant access to your HBD and BUSD in the event of a random HBD pump (which we see a lot of)
- You're building on-ramp and off-ramp liquidity for other potential investors - a great way to grow the Hive ecosystem and usage of HBD!
Some trade-offs:
- Namely, a derivative. This can carry extra risk
- Earnings are in non-HBD - you earn in CUB. This can be a benefit or a negative. If the CUB price goes up (it's currently up 40% in the last 2 months), then it supercharges your earnings the opposite is true if it goes down. The other route is to sell your CUB earnings daily and compound directly into HBD. This gives you the fixed APY you see (40%) on CUB's UI
How to provide bHBD-BUSD Liquidity
- Wrap HBD to bHBD using https://wleo.io/hbd-bsc/
- Match your bHBD with an equivalent amount of BUSD
- Provide liquidity on https://pancakeswap.finance/add/0xe9e7cea3dedca5984780bafc599bd69add087d56/0x874966221020d6ac1aed0e2cfad9cbfee0ba713b
- Add LP Tokens to the Farm Vault on https://cubdefi.com/farms
Earn Huge Yield With Only HIVE Asset Exposure
Are you a HIVE maxi? Want to compound your HIVE assets and get more HIVE & HBD simultaneously? The bHBD-bHIVE vault is for you.
Currently paying 28.14% APY, the bHBD-bHIVE vault is a great way to compound your HIVE and HBD while staving off volatility in the HIVE price. Liquidity Pools that are paired with stablecoins (i.e. HBD) are a fantastic way to hedge your portfolio.
How to provide bHBD-bHIVE Liquidity
- Wrap HBD to bHBD using https://wleo.io/hbd-bsc/
- Wrap HIVE to bHIVE using https://wleo.io/hive-bsc/
- Match your bHBD with an equivalent amount of bHIVE
- Provide liquidity on https://pancakeswap.finance/add/0x874966221020d6ac1aed0e2cfad9cbfee0ba713b/0x9faf07d1fbc130d698e227e50d1fb72657c0a342
- Add LP Tokens to the Farm Vault on https://cubdefi.com/farms
Take a More Volatile Bet With More Potential Upside
bHBD-CUB and bHIVE-CUB provide an interesting way to take a more volatile bet that could potentially pay off exponentially. These carry obvious upside and downside risk but are a great way to get leveraged long-exposure on the CUB platform.
Follow the same steps above in the bHBD and bHIVE section but pair with CUB and provide liquidity.
One strategy we see many take is using their CUB earnings from the bHBD-bHIVE and/or bHBD-BUSD pools, selling half back into bHBD/bHIVE and then pooling with CUB.
This creates that leveraged long position only using your earnings rather than your actual capital. It can be a great way to start diversifying out and building a long-exposure position.
- Sell 50% of your CUB harvests to HBD or HIVE
- Compound liquidity into bHBD-CUB or bHIVE-CUB
Obviously, none of this is financial advice. After posting the CUB Monthly Burn Report yesterday, we saw a lot of interest turn to the bHIVE and bHBD LPs. A flood of new capital entered and a flood of new questions entered.
We think these derivatives have a massive future as yet another notch in the decentralized liquidity belt of the Hive ecosystem. We're on a mission to grow them for the benefit of CUB and the benefit of the Hive ecosystem itself.
It's pretty unheard of to earn 20% APY on a stablecoin in a reliable and safe way. We have that with HBD on-chain.
What's even more unheard of is also being able to wrap that stablecoin into a derivative (bHBD) and earn 40% APY in a stablecoin LP.
That's the power of CubFinance. We've seen a lot of new entrants into the CUB LPs on https://cubdefi.com/farms.
If you're interested in earning more yield on your HIVE assets to compound earnings this bear market, then the time is now 🦁🐝
About LeoFinance
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.
Our mission is to put Web3 in the palm of your hands.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
Posted Using LeoFinance Beta
One of these are no brainers if you really want to start stacking HBD and BUSD
Posted Using LeoFinance Beta
The real problem is that the value of CUB is constantly decreasing and even if the APY is very high I am not invited to hold the token but to sell it immediately, however I will think about it with some HBDs
this really has to be emphasized for newcomers. The majority of people involved with staking on b/pCUB have probably lost money (or made much less APR than advertised). Although of course if the bottom is in, all of this is starting to look better...
DeFi as a whole has dipped over 90%. Polycub and cub got hit hard.
That being said, real revenue has come to light and the protocols who are generating it will emerge as some of the best places to park capital.
I’ve grown increasingly optimistic about the future of CUB after seeing the success of bHBD and bHIVE. Truly incredible stuff. We’re buying and burning over 400k CUB per month now with the DAO wrapping revenues
Posted Using LeoFinance Beta
I have always appreciated the hard work and effort you are putting into the whole Leo/cub ecosystem; especially now with the changes implemented and p/bHive/HBD in the pools. Being able to use this bridge is very important (as was shown when Hive was suspended in recent weeks on the exchanges). I just sometimes felt that newcomers weren't aware of the risks associated with defi and that this could have been highlighted a bit more in some of the posts. But as you said, the bear market was the main problem..
Indeed, this is a fact and newcomers should expect this. Especially in this bear market. Also impairment losses are very real and one should learn about these before jumping into DeFi.
Nevertheless I believe, this is a great risk-reward situation for someone who wants to dip his toes into DeFi.
Stay safe frens,
Posted Using LeoFinance Beta
@tobetada @vlemon
I think exactly like you do, I know of people who have lost a lot of money, luckily I did not care much otherwise I would have taken it in that little place!
Oh @vlemon
I remember you in the Hold community, why doesn't that community go anymore?
It does, we have an account @hodlcommunity which curates Leofinance content.
Anyone can delegate LEO or HIVE to this account to get curation rewards paid daily 😉
And how come the community no longer works ?
We are still there but as most topics are also accepted on Leofinance, it made sense to get together 😉
Since the release of bHBD and bHIVE, the price has done nothing but go up.
But like it says in the post: feel free to sell rewards daily to avoid having any exposure to the CUB price.
It’s a choice that you make as an LP: gamble on the cub price or sell harvests and compound HBD and hive.
Easy as that.
Posted Using LeoFinance Beta
This is also true!
~~~ embed:1587874504247607296 twitter metadata:MTg3NTkzNDQ4Mnx8aHR0cHM6Ly90d2l0dGVyLmNvbS8xODc1OTM0NDgyL3N0YXR1cy8xNTg3ODc0NTA0MjQ3NjA3Mjk2fA== ~~~
~~~ embed:1587924032573562880 twitter metadata:MTE2MTY5NDc5MjYwNDE2NDA5N3x8aHR0cHM6Ly90d2l0dGVyLmNvbS8xMTYxNjk0NzkyNjA0MTY0MDk3L3N0YXR1cy8xNTg3OTI0MDMyNTczNTYyODgwfA== ~~~
The rewards earned on this comment will go directly to the people( @shohana1, @yeckingo1 ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Great returns are offered by CUB Finance for both HIVE and HBD assets and if once with the transition from a bear market to a bull market the CUB price rises, all the investors are for a treat.
Posted Using LeoFinance Beta
Can you do an explainer on 'why the APR increases as the price of CUB goes up?'
PS. Great to see the official account starting to worry about SEO plays.
Best way to earn more HIVE is a much better way of wording my effort of how to build your HIVE stack faster.
Gah, English is hard... 😉
Great work team!
Posted Using LeoFinance Beta
Yes good idea! Basically, APR increases as the value of the payable asset increases (in this case, CUB)
CUB has been steadily rising in value since the launch of the multi-token bridge.
Super excited about this
Posted Using LeoFinance Beta
Of course everyone wants to grow or increase its wealth and I’m glad for this great opportunity to do so..thanks for this
Since Binance is not allowed in the U.S., is Binance.US a suitable alternative and offer the same products to work with Hive/HBD?
This post is very helpful
Posted Using LeoFinance Beta
The only thing preventing me from jumping into the pools is impermanent loss
Posted Using LeoFinance Beta
BHBD-BUSD has no impermanent loss
BHBD-BHIVE can have impermanent loss: as the price of bHIVE fluctuates, you’ll end up with either more HBD or more HIVE when you un pool.
So the bHBD-bHIVE pool’s IL can actually work in your favor - pull out liquidity when the price gives you more of the asset you want (either hive or hbd)
People have grown to think IL is some crazy monster. It’s actually a useful tool if you learn to use it
Posted Using LeoFinance Beta
@khaleelkazi maybe you can put on (post) a master class on impermanent loss, and how you can make it work for you. I think it will be very useful information for the community.
yeah in also interested in learning more about it
Hive is presenting with so much potential. It's only wise that one takes advantage of it.
As soon as I buy or earn more hive, I'll farm some.
Posted Using LeoFinance Beta
It is a great opportunity on a golden plate if you want to take the risk.
Posted Using LeoFinance Beta
Congratulations @leofinance! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 47000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Thanks for the clear instructions, @leofinance
I'm registering an account on bnbchain and the form asks me for a Sponsor ID: Who wants to sponsor me?
Nice APRs for stable coins LP's. I'll look into cubfinance in time 😁