I'm pretty excited about the forthcoming CUB airdrop - which is tomorrow on powered up LEO and WLEO (and miners I believe) - so power up NOW if you want some.
The announcement post is here, although it's more of an announcement about further announcements.
And this post here by me is entirely just me guestimantcipating (that's a cross between guestimating and anticipating) what some of the content of said future announcement post may be.
(IMO that makes it worth at least 80 LEO. )
My best guess is that CUB is going to be like one of these crazy coins that you see paired with BNB on Pancake - you know the kind that give you a 200% return:
The announcement post linked above (read it!) states that CUB isn't an HIVE token, but it's a coupon for a cross-chain claim drop - which you'll be able to redeem on Binance Smart Chain.
Usually on PancakeSwap (which runs on BSC) you have to buy these crazy coins (like the ones above) with Cake as part of an IFO, but I'm guessing that we're getting these for free as part of the drop.
And I'm further guessing they'll be the capacity to swap between CUB and leo, or CUB and bleo (maybe on both platforms?) and then on BSC probably staking options on the following:
- CUB - BNB - for silly APY
- bleo - BNB - for sensible APY
Whatever the options, I intend to get in gradually!
THANKFULLY I will be getting quite a lot of CUB, and I won't be looking to buy anymore, I am inherently suspicious of what I'm assuming is going to be a 'derivative token' - so IF I'm right about this, I'll just stick with what I'm dropped.
I'll probably look to pool about 20% of my drop initially, swapped 50% for BNB or whatever the pool pair is, and hold onto the rest.
As to bleo - I'm going to start a PD straight after the drop and look to pool around 2-4K bleo in total. I wouldn't want to risk more than that on BSC.
What would be nice is if we got a bleo-CUB pair - now THAT would be awesome!
Or even better a stable coin- bleo or CUB pair, but that's probably in my dreams!
Of course I might be way off the mark here!
Either way it's nice to get an airdrop, and whatever I get I'll be looking to pool SOME of it on BSC for what will probably be a much better return than what you'd get on Hive, but certainly not everything!
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I pray someone does a Cub for dummies video for me, I don't want to do this DEFI thing but then I would give up a lot by not participating. The way it's being done you cant even pool it with another person that has the smarts for it.
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Sounds like more details have been released that I'm not familiar with!
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Wow. I totally missed out on the cheap LEO but I guess another way to go is to buy BNB since everyone with CUB will need to buy some BNB right ?
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I did buy some BNB in that recent dip anticipating this, as that's the most likely pairing, IF there's going to be pairs at all, although there might be a CUB/ bleo pair for all we know?
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Yeah... nobody knows... well maybe a few people know. But BNB is good to have with all the people buying Cake and Auto.
I'm quite comfortable holding a little BNB ATM.
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I’m really torn about CUB. Claim on BSC hoping for great returns (when I’m pretty much clueless about BSC and wrapped coins in general) or sell some/all of it and use the proceeds to increase staked Hive and/or LEO?
But it’s a nice dilemma to have. 😄
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I know what you mean - I think I've settled on swap 20% out for a stable coin, stake 60% (probably in stages) and just hold 20%.
I've got enough Hive/ LEO for now.
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Announcement on top of announcement
Hope it is not too complicated to get through.
I did set up by binance account and I am waiting.
!BEER
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View or trade
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BEER.In your guestimanticipation :) as well as your previous experience with BSC and various platforms on it,
If bLeo and CUB will be on Pancake, will we need Cake as well?
Since I'm not familiar with BSC yet, I assume 'being on BSC' means 'being on BSC on a certain platform' as opposed to 'being on BSC and any platform has them'.
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You won't necessarily need anything to pair Cub with!
I guess we have to wait for the announcement!
Crazy 200% APY ? Man you're going to make me regret not powering up ! Hahaha
I'm expecting 3000% during the first days, goose-like craziness.
Definitely aligned with your expectations on BNB-CUB and BNB-bLEO pools.
Fun is starting soon !!! And your plan to spend less time on BSC DeFi is 6 feet under haha
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I'm now thinking this all may be bigger than I've anticipated!
I think I'll be OK with my balance - I'm completing a purchase of 6 acres of land tomorrow, that'll be plenty to keep me busy.
I'm sure it will keep you busy AND exhausted.
Going to build a house and grow things there ? I'll come to visit when my flying lambo LEO design is delivered :D
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