Cub - Cake Kingdoms Question.

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Investment

So, its been a while since I have checked my investment on Cub Finance since I just let it run. Like set it and forget it, I rarely check anything other than Hive and HBD these days.

I haven't forgot about it and I "should" properly buy more since the price is this low, but I feel like HBD is a better and more stable option at this point and I will wait to branch out again until I have a sizeable chunk in my HBD savings account, so I could use the dividends/interest to go into other ventures ^^


But I just checked and I have $68 dollars or so in my Kingdoms which is down from $300 dollars, so thats a massive loss! But it got funded through Leo and Hive, so I am not that bother by the loss. I kinda just wanted to use Cub as a base to go into other projects.

But I am curious. Why is the APY so insanely high for Cake?
I can't really wrap my head around it.

cubcake.png


Also, do we have any updates on what will happen with Cub? I don't keep up to date with the regular Leo AMA (Sorry).

The TVL have dropped like insanely after PolyCub came out! PolyCub is also properly a better investment right?

Cub Kingdom is just easy xD Set it and forget it.



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I think there’s an error with the calculation of the apy, which is amplified by the fact that the cake kingdom is autofarmed 4200 times per year.

Pancake swap did increase the rewards for pooling cake, so it is very profitable, but probably not as high as the cubdefi page says.

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Ohh okay, ye properly just a bug. It did seem insane xD

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