Cubfinance and EasyDeFi
The pool called @easydefi makes it very easy for pool members to participate in Yield Farming on Cubfinance, as they only have to send 250 Leo or 225 Hive to @easydefi on Sunday or Monday, to start receiving automatic payments the next Sunday.
Cubfinance on Binance Smart Chain has a specific yield farm called Cub-BUSD. The @easydefi investment pool invests members assets in this yield farm for an estimated APR over 120% per year! The yield-farm earnings are paid out weekly to pool members, directly into their wallets on Leofinance.io.
EasyDeFi saves you time and money.
This makes DeFi investing extremely easy for EastDeFi pool investors who don’t have to convert Leo to bleo, bleo to Cub and BUSD, add these assets as liquidity and then deposit the resultant liquidity pool tokens in the yield farm.
Nor do pool members pay the transaction fees for each of these transactions.
So pool members save time and money.
EasyDeFi has also figured out how to make more money for pool members.
The pool assets earn Cub every day. At the end of seven days that Cub is distributed to pool members as Leo. However the Cub is sitting in the account wallet not earning interest fir as much as seven days. So I decided to deposit the Cub in the Cub Kingdom, a staking project that pays an estimated APR of 88% per year, plus BNB awards. So the pool investors Leo or Hive earns 120% APR in the Cub-BUSD yield farm, and the investors Cub earnings Now earn 80% APR in the Cub Kingdom. It is a way to generate extra earnings or more money each week. This allows pool investors to make additional income without adding more capitol.
Because @easydefi investors now earn from two sources, they are earning two streams of income.
This might not work for a small investor.
A smaller investor wouldn’t harvest everyday because you pay transaction fees. And some investors wouldn’t deposit their Cub earnings in the Cub Kingdom everyday because of the transaction fees. Basically investors wouldn’t perform these actions because the rewards are small compared to transaction fees. But the pool of investors on @easydefi don’t pay transaction fees, the pool administrator does. And because the pool is large the daily harvests are much larger then an individual investor might earn, so it’s additional income for pool investors, but no additional fees.
Power in Pooling
This is a good example of the power of pooling your money. We can earn more because we are bigger, and therefore the added earnings justifies the costs. Plus the costs are paid by the pool administrator.
**So not only does @easydefi make it easy to invest your money, and save you money on transaction fees, we also use our size to make you more money. That is the Power of Pooling
About @shortsegments
Write
Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for four years. He has been a Hive community member from the birth of Hive as a hardfork from Steemit. He has earned a reputation of 75, on a scale of 0 to 80, which puts him in the top 300 of over 320,000 Hive accounts.
Blockchains Project Builder
He is also a builder, with two current projects:
No Loss Lottery
The first is the No Loss lottery, a prize linked savings account here on Hive, where all ticket price revenue is invested an account on the yield farm Cubfinance and the weekly earnings from that account are awarded as prizes. These awards are more than 100 Leo in prizes weekly! The No Loss Lottery is 13 weeks old and recent surpassed 1000 tickets sold. @nolosslottery
Easy DeFi
Easy DeFi, is a pooled DeFi investment club, which provides a way for investors not yet confident enough to invest in DeFi on their own, a way to easily invest in yield-farming and staking on Cubfinance. Additionally it is used by savy and experienced investors to save time and money, as the pool performs all the daily transactions, the pool pays all transaction fees and the pool deposits the earnings in the investors wallets automatically each week. @easydefi
Cubfinance
Based on Binance Smart Chain, and it’s software code audited by world famous Yield Farm code auditor CertiK. Cubfinance is a fork of PsnCakeSwap, which is one of the safest Yield Farms and largest Yield Farms in the world. In a the world of decentralized finance the safety of investors funds is the priority and at Cubfinance safety is job one.
Posted Using LeoFinance Beta
This is great, two streams of income, you pay all the fees, you do all the harvesting and send me my money weekly. Sweet! 🥰
Posted Using LeoFinance Beta
This is great!
I thought it was great to get 130% APR from Cub-BUSD, but now you spend your money to deposit the cub earnings in kingdom cub for additional earnings! That’s great!
It really shows your commitment to maximizing earnings for pool members and that’s great.
Thank you again for all you do.!
Posted Using LeoFinance Beta
Thank you very much for such a nice comment, and for the huge compliment. I appreciate it greatly.
Posted Using LeoFinance Beta
Is 250 the max ammount of Leo to send?
No it is the minimum amount, you can send larger amounts.
Thanks for asking.
Posted Using LeoFinance Beta
And the dividends are paid back in Leo, not cub rite?
Right, in Leo to your Leofinance wallet.
Posted Using LeoFinance Beta
We have chosen to support your post because you are one of the good promoters of Hive on Twitter based on our Hive Twitter Daily Report.
We appreciate your time and enthusiasm for promoting Hive!
Thank you.
Posted Using LeoFinance Beta
I need to send the LEO to @easydefi or I can delegate and get the income?
Posted Using LeoFinance Beta
Hi @sodomiv
You need to send the tokens because they need to be converted into bleo, then Cub and BUSD to invest them on Cubfinance. I have thought about creating a delegation option, but I would be accepting delegations with a potential 18% to maybe 30% return through curation on Leofinance, but losing out on a 100% return on that same capitol on Cubfinance. So I don't think it would be wise.
Posted Using LeoFinance Beta
Thanks for your clarification!
Your welcome
Just another question, what should I do in case I want to withdraw my investment?
Send a wallet memo to @easydefi requesting a refund of your money.
Would you be interested in recording a podcast with me & @hivecoffee explaining this concept, and answering some newb questions?