I just thought I should start with that title. But it's much more expressive when we add the image to it:
At the time, I interpreted it as a teaser for something soon to come. But maybe it was also meant to prevent panic selling. Because last week CUB went after the plunging market and dove below 3$ for the first time in a while. It recovered now, and it's at the time of writing swapped above 3$, but still below the closing from last week.
The next day, LeoFinance tweeted this:
Now, that was definitely a teaser. I wonder if "very soon" means this week. :) I will be away for a few days in a short while, and I don't really plan to stay connected during that time...
Let's see how awful this past week was, that so many were ready to panic sell.
I won't talk about bitcoin, I've done it enough recently, and already expressed my opinion that this is/was a normal correction in this bull run and a welcomed one this month from my point of view.
During last week, we had another premiere, since I post these stats. CUB ended the week lower that it started it, while BNB ended it a little higher. So a mixed evolution for the CUB/BNB farm.
Due to impermanent loss, I have now more CUB and less BNB in this pool. 10.07% more CUB and 9.68% less BNB to be exact. Only in this pool, which is my largest.
One would expect this week to have been red for my Cub portfolio. I did too, but it wasn't. Without CUB inflation it would have been, but otherwise it was near zero, on the positive side.
Overall ROI jumped above 75% again. If either Kingdoms or LeoBridge is launched this week, I will very likely talk about an overall ROI above 100% next week, and that's a very conservative number.
My plan last week - even when it didn't seem like a good idea when the price of CUB dove - was to keep accumulating harvested rewards in the CUB den, waiting for the kingdoms. My CUB den holdings ratio in the Cub portfolio increased from 3.73% to 8.12%, so that's pretty significant only from rewards, in a week.
Whether I will go into a kingdom or not, that remains to be seen, but if there is the possibility of another 24 hours fee waiver, then it's something I plan for, just in case, and for all my potential deposits from the immediate future.
Posted Using LeoFinance Beta
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Anything up or down is not a good idea. However, it is often the case