#CubContest
Hi,
we have a new contest, or better said a #CubContest by @crystalhuman, where the details can be read in here.. The prices are appealing as they consist of both LEO and Hive. The only tough challenge would be to pass the 500 words mark, as I'm used to shorter length posts.
As the name suggest, it is about CUB, the newly born (launched) project from the @leofinance family. Even if it seems ages, there are less than 3 weeks since it has been started. Yes, less than 3 weeks, where it brought new fuel to Hive and another trust rocket for #LEO.
The numbers say it all. There are over $10 million locked in assets, where almost $8 million are coming from other tokens, such as LEO, BNB and even DEC. Yes, you can stake your @splinterlands DEC to produce #CUBs.
If I talk about something, I do it only from my personal view, as I'm not a financial analyst, but when I talk about something I like to test it out, so I've put over $4500 from other coins into it. Mostly, those coins were not giving a decent return, or at least not a decent return for the crypto space.
#DeFi
Trying DeFi with putting different into a liquidity pool, has been long on my to-do list. I've been only waiting for the right product and the right team which could bring such a product to the market. As the LEO team has great support, it was a no-brainer to jump into this one.
My plan was to get in March into one DeFi program, have already decided which one and needed to change my plan when #CUBdefi was announced. Glad I am that I did not jump into the first choice I had, as It would have been a very costly one with changing the pools.
It was a smart choice, not only because it was at the start, where returns have been real good. It was a very step learning curve, but thanks to the documentation available, it was easy to set up. I've needed some further help, where the community pulled me out of the mess I've come in.
The question everyone has, wen moon? might be easy to answer, at least for me, and the answer would be that we are already moon. How? Most can't afford that Lambo yet or that Tesla for the hipsters around. Well, this is not entirely true. With bad pool choice a 0.5% a day is not to be missed. If someone put's $10k, on a 0.5%, there would $50 coming in #CUB tokens in. With 30 days a month, which brings us on $1500 monthly, one can easily lease a Lambo or a Tesla.
Not spending anything coming from the pool and only compounding it daily will just accelerate the growth of our pool portfolio, which will bring even more cashflow. A high constant passive cashflow gives us the real freedom, that of time which can be spent doing pleasant things and not trading it for money.
Did you try https://cubdefi.com/ ? What is your experience? How do you see it?
Posted Using LeoFinance Beta
My only concern with Cub is the competition... I see new DEFI clones pop up every single day, and most people that want to get involved with DEFI jump straight into pancake. Only the people from Leo and Hive seem to be investing into cub
I like the project and hope the team finds a way to divulge and grow this project
the sad thing for me are the fees. I did go in with a really small amount to test about 15$. I would go in with maybe something around 20-100$ for the Not-a-Lottery, but the fees are really annoying and I am not sure it is even worth investing those kinds of amounts.
I am glad that I took the chance and had Cub be my first real dive into DeFi too. With the team that they have behind it, it is just a smart move. You don't have to worry about exit scams or any of that other crap because they are trusted and visible in the community.
Posted Using LeoFinance Beta
That is my strongest point for LEO actually. The fact that the team already has a trusted community gives me the assurance to invest more confidently.
Posted Using LeoFinance Beta
For sure!
4.5k wow!!
i invested around 200$ (i am poor :P) but i am looking at it long-term. Who knows how much the price of cub will be in a year from now!
Posted Using LeoFinance Beta
I invested about $ 2 to $ at cubdefi.com. And I'm happy with the result. Now cubdefi for me is the passive income I've always been looking for.
Posted Using LeoFinance Beta
I think it's going down forever, not sure, maybe 10 cents low like HIVE and STEEM did??? People get free CUB so they gonna damp, that's just the way it is for now. This pattern always happens, they spike and go down for years.