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RE: Exploring new horizons

in LeoFinance4 years ago

Personally, one of my favorites is the CAKE Kingdom in Cubdefi. I know it has a tie to HIVE and LEO but it is technically complete outside the HIVE ecosystem as it runs on BSC. The Kingdom is running at 82% APY and auto-compounds the CAKE so you don't have to do a damn thing. All you do is occasionally harvest the extra CUB you're getting at the same time. Hard to beat!

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That's a nice APY. We have some money in CUB Kingdom but the amount is relatively small and we can't do much without generating transaction costs that would eat up the profits. So we just let it lie there and multiply :-). These kingdoms are a great concept just for that.

You were looking for something outside, off-platform, so I thought I'd throw this out there. Like I said, it's on BSC paying 82% and it's the signature token of BSC defi. It's basically like making 82% on Uniswap. Plus, you have the added comfort of knowing the team who built the Kingdom.

So, a known crypto, on a known platform, being run by known developers, paying 82% plus bonus CUB. That's why I'm in it...

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I think that cubdefi is one of the best places to get a nice return. Especially because you know who is running the platform. What I like is that the kingdoms give like a permanent return which is very different from other DEFI projects where you have 1000% apr on the first days and then it dwindles down to nothing over time.

Well, ideally those APYs will come down because it starts gaining recognition and people start buying into it. But, yes, the returns are amazing right now. It's been awesome to take advantage of them for the last few months. Hopefully the good news/bad news scenario starts happening where the yields start going down but the prices start going up.

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