You are viewing a single comment's thread from:

RE: #AskLeo: Where are the money coming in CUB Finance?

in LeoFinance5 years ago (edited)

there's fees paid for trading between different currencies.

As you can see here, the fees paid for that trade would be about 4 cents, 85% of which goes to liquidity providers. The more liquidity there is added, the lower the APR, as it just launched, the liquidity is fairly low. There's also a promotion running atm increasing APR by a multiplier to promote adding liquidity. The normal APR yield atm for CUB should be 50.66%, BUSD 183.94% and WBNB 93.42%.

Edit: based on your screenshot, not time of commenting.