Using CubFinance and The Power of DeFi Kingdoms

CubFinance has been around for roughly a year now. The launch of it saw a small airdrop to token holders of the LEO token here on the Hive blockchain at LeoFinance.io which is a web3 blogging platform that allows you to write financial based articles and be rewarded from the community and it's readers who vote on it.

The LEO finance community and team have been around for years and continue to develop and grow their array of products and services. What started as just another community token on the Hive blockchain has expanded into Binance, Ethereum and soon other chains like Thor(RUNE) and Polygon(Matic)

CubDeFi offers various amounts of liquidity providing in exchange for their native token called CUB.

Cub DeFi Farms

The first being Farms which is your traditional method of DeFi and liquidity providing. By teaming up tokens such as Cub-BUSD you'll earn some CUB tokens in return. Other pairs as of right now are BLEO-BNB which BLEO is a Binance chain wrapped token of the LEO token here on the Hive blockchain. Another popular is DEC-BUSD which DEC is the in game currency of one of the most popular play2earn games which runs on the Hive blockchain called Splinterlands

For myself personally a Farm is somewhere I'll tag team my funds only if I'm ok with losing all of it (and really that goes for any of my investments now. I do my best to find something I believe in and feel it will do well and invest in it with the full understanding it could turn into nothing) Primarily what I'm doing is offer up these tokens and for me I'll be leaving them in for pretty much ever and simply collect off the native token in this case CUB to offset and profit from that investment is the general idea.

CubDeFi Kingdoms

Now there is the area of CubDeFi I love. We all know the power of compounding right? If you don't GO LOOK IT UP because it's one of the most powerful things you'll learn in your life. The second most powerful thing is actully doing it.

With kingdoms you can add tokens such as CUB, CAKE, BNB-BUSD, SPS-BNB (governance token of Splinterlands ) and more. What kingdoms does is automatically trigger a sell and buy into whatever tokens you're staking for a small fee. You save not only time but you optimize the claim process and buy back process (in a way you could consider it dollar cost averaging as well) Instead of paying the fee for each transaction CUB will take a part of the earnings as a fee and automatically do all of this for you.

For myself I enjoy CAKE the most. It offers a higher yield and some cub to go along with it compared to just staking it on Pancake swap. Of course everyone's favorite is CUB but that APR is falling fast as everyone slams their CUB tokens in there. For me your CUB could be put to better use in the FARMS as seen above but I totally get the safety aspect of holding them in the Kingdom for a while and building some Cub on top of it.

Besides that what I really love about CUBDeFi is how I can put my Splinterlands earnings to use within it. In both Kingdoms and Farms I have the ability to take my tokens earned in game and start earning with them in the DeFi space which is very unique. In fact if I added SPS-BNB to pancake swap I'd only earn about 9% but with CubDeFi right now I'd be at a 50% APY! Looking for little gems like this are a great way to maximize your potential earnings in the crypto space. I recently wrote an article going over this here > Does Hodl Gang Still Work

Posted Using LeoFinance ^Beta