Finding my place in the CUB / DEFI World
After my initial 3.3 cub airdrop - I decided I like Defi and went and traded a whole bunch of DEC for CUB . That wasn't enough for me, I wanted more. After after looking at what I thought was possible given my budget - I decided to set my goals.
CUB/DEC farms helped me
After the release of the CUB/DEC Farms - the DEC price shot up close the the .0008/.0009 range. This gave people the budget they needed to buy some of my expensive BETA / PROMO Splinterlands cards I am selling. I quickly took all the DEC I earned ~$100 worth and did the same steps as before.
DEC > LEO > bLEO > CUB.
Went to bed with both goals acheived. APR was close to 340% Daily rate .99%
I was feeling pretty good about my self.... You bet. 117 CUB staked last night before bed, I should be earning 1.17 CUB a day at .99% APR.
Woke up and see that I behind already.
Looks like everyone jumped in my DEN driving down my returns. the APR is down to 306%, and there is another cut coming tomorrow. I don't like falling behind so soon.
The new rates put me at about .98 CUB a day - not awful, but not great either. I need to get ahead of my curve and get more CUB earning. I am hoping to sell the rest of my SL cards and buy a some HIVE/CUB/LEO and boost my holdings a bit in all 3.
I know I can't keep the 1 CUB per day for long, but then again if the price dumps more, I got no problem buying a few more and pushing to 200 CUB before cooling off. My goal is more tokens. I want to hold CUB, LEO for the future.
Don't worry @senstless, 117 CUB is a decent amount and the roi is still off the charts imo.
Good luck dumping those Splinterlands cards. :)
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had to test my new phat upvote - price pump and small powerup gets me to .075...
I have been really interested in the DEFI stuff, but it has been quite confusing for me. Haha! I may have to check this one out.
I have a goal of getting 10 cub per day for next 15 days.
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That would be amazing - good luck I hope you can manage. That would be fun to be earning that much each day.
I will compound once a day for my 1 CUB - but how often are you doing it with 10 CUB a day?
I am doing this too , 1 CUB per day but do you think the fees are worth it ? Should we wait more?
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That's a tough call, I hate watching the fees eat up my BNB. I'm glad the cost is only like 35 to 50 cents.
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After dealing with wLEO/ETH (and any other ETH transaction) I am happy to pay the 50 cent BNB charge! Barring any major problem with the Binance Smart Chain I think they will be taking a lot of business from the Ethereum network in the coming days.
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What do you feel the risk is with Binance Smart Chain? I should have looked at that a lot more. I just jumped right in without doing my DD.
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Same for me compound once daily. I will need to change farming pairs if ROI drops too much
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I see the ROI falling in the den too, but I feel like my little baby cubs are safe there. The pools are still cranking out the cubs for me, its gonna hurt watching the rate cut in half tomorrow.
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I like knowing its in the DEN - but the rate cut is going to suck. Even as the ROI falls - honestly I can't complain with the ROI's even as they fall. I guess I am getting more open to DeFi as I get comfortable with CUB's.
I'm going to drop from 4 per hour to probably 2, I threw a few bucks at this one.
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I only got as far as claiming it into my Trust wallet, my brain is still feeling fuzzy getting this far. Only 3.9 CUB. Still have to get some BNB yet.
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Do you need help getting BNB, do you already have metamask? Discord me if you need a little if you are going to swap or stake