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RE: Leo Talk 3/06/2021 -Come Join Our Chat

The big Leo news yesterday was the update from @leofinance. The CubFinance will take place on Monday. We will see CUB and bLEO released at the same time.

One piece that is new is that the smart contract code is being audited. This means it is a new contract (or a fork of another) as opposed to using an existing platform.

It does appear CubFinance is a brank new platform being established.

https://leofinance.io/@leofinance/we-interrupt-this-launch-day

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I probably won't participate. Is LBI planning to enter these pools? I know it has been saving up LEO and should get sizable airdrop. I wonder how the new platform will work out.

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I think it is. We still dont have details so we will have to see what transpires. That said, there is over 4K liquid LEO along with the CUB that gets dropped to LBI. This might be able to enable LBI to enter in a rather large way.

@silverstackeruk is well versed in that DeFi stuff. He has been in pools on Ethereum and Tron. SPInvest was involved in one on Tron and made a couple thousand dollars off it.

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Sounds good. Looks like our investment should be in good hands and the amount of LEO available should net quite a bit of returns even if we include the fees.

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I think it is. @silverstackeruk is good about keeping an eye on that stuff and playing with the return. As soon as it turns against us, he bails. He doesnt go gambler on things. Instead, he seeks a steady return, even if it is high.

The fees, from what I understand, on BSC, are minimal; usually under a dollar per transaction.

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Are you also unfamiliar with the BSC Task? Well, the important thing is that on Monday or even earlier we may have tutorials to guide us.

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I do not know it at all. In fact, the US is banned from using it so will have to figure out how to access it.

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I keep seeing people stressed because they have to use VPN. Why is the US banned?

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Complicated, I hope that you can find some alternative that will make the most of this opportunity to obtain your CUBs, because as far as I know you will need to enter through the BSC chain.

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Yeah I guess this post explains that LBI will enter into it -

https://leofinance.io/@lbi-token/lbi-bags-are-packed-we-re-ready-for-liftoff

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Need more info on what is needed to participate into it, as I would not sell any Leo and Hive for pooling. 8th of March will be definitely interesting.

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I also want to enter slowly and understand what I'm doing because everything from DeFi will be something new for me. I know it's not a seven-headed bug, but maybe it's 3 lol ...

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I also see it this way, CubFinance will be a new platform and will have its own services and it will be interesting to see how it will be done with safes, loans and other things. It will be a new world that we are used to with Leofinance.io.

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Have you done anything on Binance Smart Chain yet? Have you used it?

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No Task, I don't know anything yet and I hope that tomorrow I will take the time to watch some videos that even indicated me in Portuguese. It will all be new to me.

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