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RE: Introducing CUB Kingdoms | Cross-Platform Autocompounding Yield Vaults

in LeoFinance10 days ago

Happy to hear the CUB Kingdom is next in line. However, since it now seems the den will co-exist with the Kingdom for CUB, I don't quite understand how the APR will be impacted. Isn't it better having only one CUB vault exist and piling the APR benefits of shifting to Kindoms?

I am an ape. Be kind.

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I explained it a bit more in my comment to @edicted if you want the lengthier answer:

In short, the rewards for staking CUB will still flow to the CUB den like normal. Users will now also have the option to stake in the CUB Kingdom. The CUB kingdom will actually take the stake and pool it in the CUB den but then autonomously compound the CUB harvests it earns.

So no new additional inflation is necessary since all the rewards are still being paid to the CUB den. The difference is that the Kingdom will manage those rewards for you

Posted Using LeoFinance Beta

The CUB kingdom will actually take the stake and pool it in the CUB den but then autonomously compound the CUB harvests it earns.

If I am getting you, assuming I go all in on the CUB Kingdom, will the CUB generated from that vault get auto-compounded in the Kingdom vault or is it sent to the CUB Den??

That is not coming out quite clearly.

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How I understand it is that he $CUB Kingdom at the moment will just be an autocompouding $CUB Den.

They probably aim in the future to partner with another platform to make it a "real kingdom" and earn another asset in the process.

This is just my understanding so do not take my full word for it.

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I believe the post mentioned that.

That would be very interesting. The idea of BNB rewards for staking in the Kingdoms would probably see me shift from the Den. No more swapping for BNB and just auto-compounding everything without fees chewing into my BNB holdings.

Posted Using LeoFinance Beta