The Addictive Componding Interest of CUB - Beware!

in LeoFinance3 years ago

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Sometime around a month and 10 days ago, the LeoFinance team dropped us a little bit of CUB, and brought our community a cost effective method of getting into DEFI without the huge expense of ETH transaction fees.

It's an fairly easy way to get into the somewhat intimidating game of DEFI. Staking tokens to earn interest at APRs that are mind blowing.

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I've been finding odd wallets and looking at all my Non-Interest baring tokens ever since and slowly but surely more and more of my assets are ending up in CUB.

Bitcoin and many of my alts took a dip, but CUB just kept on earning. I still have a few bags that are committed elsewhere or earning someplace else that I am itching to get in.

While the CUB price has fluctuated between $3 and $4 it's stable enough that the compounding effect is notable in my crypto portfolio.

It's still new and I'm having to remind myself not to stick everything I have in. With compounding and time, I could see it growing into one of my most productive holdings.

tracking the exact growth and value uses a lot of moving parts, so I'm calculating simply CUB PER HOUR.

On one day the account value will be up because BNB is up and the next.. Well, you know, you do crypto too.

Imagine if the price of CUB begins to take off on top of all the compounding interest.

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I've seen a few others mention powering down to go in harder, but I haven't gone that far yet, let's see what happens when the Bridge and Kingdoms go live.

@whatsup

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0.0019557522123894 CUB / h for me. :)

lol

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I'm at 10/h. And you?

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I'm only at $4, gosh I'm jealous. But not in a bad way..

Good for you, It's going to be hard to catch up with all that compounding.

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Considering it's running 24/7 even $4 is great. Even if Cub price stays the same.

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I am an amateur compared to many of you lol. I do tend to move my cub out the den and go play in the farm though at some point. Happy with what I have and my 0.72 CUB per day will become bigger soon enough. Great to see another addiction kick in.

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Yeah, it all starts with the first den and begins an escalating dependency for Cubs after that. Beware.

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It's been that long already? Wow time flies

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Feels recent, also feels like a long time!

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for me it feels like cub is here for at least 6 months :D

I don't think I would power down to go in harder. I would simply move assets from other areas like you have been doing. That seems like a much smarter bet. I am really loving watching my CUB grow as well!

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I look at my bags everyday... Hmm, what should I put in Cub.

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I must be doing something wrong. I am the only one who lost hundreds $$$ so far with cub.... only on paper though. Even with compounding Cubs in my den and farms. I need cub to go back up to $10 I guess

Well, I guess it matters when you bought and what farms you are in.

Loving it!!!

Do you have a good guide to Cub defi that helped you with this whole... new scene? I'm finding good information is getting steamrolled by "woo defi" style posts. (no offense)

No offense taken. I didn't say I was training anyone.

The Leofinance team has a great site, with awesome documentation. www.cubdefi.com on the left side, see docs. Also there are the results of their audit, roadmap and more.

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Also... "WOOO Defi"!!!

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I'm still very confused lol. Bought some cub on uniswap and I cannot find a way to move it to the cubdefi site. I did find out how to move it from my wallet to my wallet and get charged $5 for the convenience tho!

this leo is what you got and it has potential too!

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Uniswap is an ETH tool, so not sure what the cub you bought is.

From the ETH side, you can buy Wleo and log into leofinance, move to LEO and back to Bleo

Then cub. It's kind of messy getting assets on the BSC the first time. Unless of course you have a Binance account.

Feel free to jump into discord and ask about it in my channel or the leo channel they are very helpful

https://discord.gg/efT9yDM3

I believe a lot of people are excited about the prospects of cubs, so many others are even glued to checking their farms every minute o mean it's all new but then a lot of others are going in all hard, it's going to huge without a doubt.

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Yeah, the total value lock continues to stabilize a little larger and a little larger

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O still don't know how it works 😄. How much we need in order to participate?

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lol, okay. :) Hope you are good you crazy shit.

Glad to hear you are well.

Sorry you lost some Cub!

Enjoy the summer