LeoFinance community has set the pace for growth and expansion beyond the Hive blockchain building bridges to Three blockchains in addition to Hive. One of the lofty creations within the LEO ecosystem was the CubFinance which is a DeFi option on Binance Smart Chain where assets are staked and pooled in farms for CUB rewards. This is a very powerful structure that has singled out the LeoFinance community as a hub that every crypto enthusiast should belong. Shortly, we'll be glad to see $LEO in the range of $10 and even more with the multiplied solutions and developments within its portfolio.
The spread of assets pooled CubFinance covers gaming tokens and SPS of the Splinterlands game was a step in the right direction especially with the wake of ply2earn game and GameFi which is the new way to earn from leisure and gaming. Inarguably, the Splinterlands game has set the pace that one can earn a steady and reasonable daily income without writing a single post on the Hive blockchain.
As the LeoFinance community is counting down to the launch of PolyCUB, it is important to keep some eye on the gaming assets that are accepted in CUB DeFi in order to share in the overflow of dividends that would accrue from the rise of $CUB in the next few weeks. From this update post, it is interesting to see how the creation of Polycub, it is expected that the reach of the LEO ecosystem would expand to a new community of crypto users and that would bring more awareness to the existing projects that LeoFinance has created. See an excerpt from the update post below:
PolyCUB is an extremely exciting platform. It offers a deflationary, DeFi 2.0 approach to Yield Optimization on the Polygon Network. This platform is going to change everything as it brings a ridiculous level of opportunity to our Web3 Ecosystem through the $1M airdrop of POLYCUB to CUB stakers and incentivizes a new pLEO-MATIC pool with 1,000%+ APY.
With this new platform coming into existence, it can seem like we're leaving other things in the dust. That is not the case. In fact, @taskmaster4450 often writes about the LeoFinance Web3 ecosystem and the vision he sees for it expanding far and wide by building these feeder applications. His latest update was given in this post "Leofinance In A Year Or Two".
We remember vividly how the creation of CubFinance had bettered the lots of LEO token on Hive greatly. Moreover, the LeoFinance community can be linked to the ideology of always plowing back the dividends from its new project to the growing of its entire ecosystem.
Back to the SPS DeFi pool on CubFinance, there is presently $280k TVL in the SPS-BNB Kingdom while there is $4.4M in the Pancakeswap farm that the Kingdom uses for Yield Optimization. That's huge and giving back an APY of 48% is quite encouraging being linked to a growing asset like BNB.
I cannot agree less that Cub Kingdoms is presently underrated opportunities in all of DeFi and most of us are missing out of the opportunity. I had farmed CUB from it's inception and was later discouraged by the price downtrend. However, in these low days, it's the right tome to start earning them and I would love it from the standpoint of SPS-BNB pool.
Some days ago, I had stated in this post, my plans to up my game with my SPS holdings looking forward to 5,000 tokens in order to make the most of the opportunities that lurk in the future of the Splinterlands game. SO far, we're growing and reaching 338 SPS is a slow but conscious step to reaching that goal. Looking forward to the next 3 months, attaining that 5k SPS goal would become a reality and I only hope the price stays favourable till then.
My plans are to grow my SPS receipt from the daily airdrops and then channel it to the SPS-BNB pool on CubFinance to bring me closer to the DeFi projects from the Leofinance's kitchen. Earning CUB at $0.32 is a decent bargain when I actually remember when they were worth as much as $5 and more.
I am certain that as the LEO projects spread wider and we have more adoption, CUB would gain some more attraction asides from the fact that burn fees from increasing pooling would also help to give some more value.
We are still in the beginning of things and the future is brighter. Hive helps us connect to the larger part of the world and thanks to the communities here that help build the bridges. Thanks to the @nftstudios that is making gaming assets more appealing and giving more value to blockchain gaming with its partnerships and bridges too.
The season of greater wealth is just approaching...
What is Hive?
Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source
What is Hive-Engine?
Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.
About me...
I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.
I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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In CubFinance can I login with a Hive keychain?
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Thank you for always bringing out innovation that will create the zeal to excel. Cubfinance is a welcome development in Hive Blockchain. Thanks @uyobong