When you initially requested 250 BLEO from your Cubfinance position be moved to pLEO and invested in PolyCub, I used 250 of my own pLEO and credited them to you on the Polycub Group C pool, and paid you your earnings based on that 250 pLEO last weekend.
But your BLEO on Cubfinance was converted to Cub-BUSD and at the current low price of Cub 20 cents, a drop from 80 cents means one half of your BLEO position traded for Cub would lose about 75% of its value.
So I would have to liquidate more of your Cub-BUSD position to total 250 BLEO.
However I will do this if you request it. But I want to make sure your okay with that before I liquidate your position.
Alternatively, I could liquidate 50% of your Cubfinance position leaving you with a reduced Cub position and approximately 125 bLEO to exchange for pLEO plus the other 75 BLEO you recently added will be exchanged for pLEO and added to your pLEO position giving you about 200 pLEO there.
This would preserve some income on the BLEO side, and give you a second income stream on the pLEO side.
Lastly, I want you to know that the Polygon project is transitioning from high APRs to low APRs now, and high Emissions of Polycub to low emissions.
This means the earnings for the farm will drop off quite a bit this week, especially when combined with the 50% penalty.
I think this information is important in light of the decision your being asked to make.
I recommend the 50% if you want a piece of the Polygon project, and want to preserve income on the Cubfinance side.
Posted Using LeoFinance Beta
Or can I just leave everything how it was to not worry about any loss?
Or kick in more Leo to make up for the difference?