My Favorite BSC Defi Platform

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(Edited)

Leo Finance has asked the community to tell them which of the myriad of Binance Smart Chain (BSC) decentralized finance (DeFi) platforms is their favorite. This short post is my response.

My Decentralized Finance (DeFi) Journey

Having started my investing, learning and earning of cryptocurrency with STEEM/HIVE; the majority of my portfolio is on the HIVE blockchain. I later decided to move a large portion of that investment into the 2d-layer of Leo Finance.

When Leo Finance offered their wLEO (Ethereum/LEO liquidity pair) on Uniswap I participated. Then I moved from wLEO due to the outrageous transaction fees to the bLeo (Binance/LEO liquidity pair) on BSC.

Cub Finance: My Favorite BSC Platform

Cub Finance is the first DeFi platform that I entered into with the exception of the two mentioned above. I received some in the initial airdrop. I also purchased some on LEODex after the airdrop.

Why is Cub Finance My Favorite DeFi Platform? There are a number of reasons. The most important reason is the reliability of the Leo Finance team. The team has a history of honesty and is well respected by the HIVE blockchain community at large. Another reason is that they are very responsive to questions that folks may have.

The Cub Finance platform's code has also been audited by a third party auditor, CertiK and is monitored 24/7 by a security intelligence engine, Skynet. This ensures great security for the contracts that make up the liquidity pools.

With all of the stories about rug pools, I sleep well at night knowing that my investments have been made as secure as is possible.

SAFEMOON:   My 2nd Favorite BSC DeFi Project

SAFEMOON is also listed on BSC. This is an automatic DeFi project that uses the fees it collects for transactions to automatically invest in other liqidity providers (LPs). Pretty much buy it and forget it.

Green Shibu Inu (GINU):   My Third Favorite BSC DeFi Project

I bought about $5.00 USD of GINU because I wanted to have a meme coin and I liked it. Nothing ventured, nothing gained. I do not think I will get rekt over a five dollar investment!

I will leave the Jackie Chan coin to the more adventurous. Ginu can be staked on Bakery Swap which is also on BSC.

Non-BSC Defi Projects I like




Though not exclusive to BSC, these are other projects in which I have a small investment. It would be nice if they were incorporated into the Cub Finance platform.

I have heard whispers of possible collaberations, but I am not an insider so I will wait and see. I have at least a good 20 years left on this earth, so I will be patient.

My DeFi Conclusions

There are loads of DeFi projects out there with very enticing returns, but I will stick with what I have for now. I have researched a good many of them, but I am a financially conservative person. I will stick with what I know. That is not to say I might not venture afield in the future.

Thanks for stopping by! Until next time blessings and groovy vibes to you and yours!

Posted Using LeoFinance Beta



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29 comments
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Thank you. I am getting there with my engagement and voting. Still could do better. Appreciate your notifications which spur me onward!

Posted Using LeoFinance Beta

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Thanks for the insight into the Sarge. Great to see you involved in DeFi. It is good that CubFinance got the ball rolling for so many of us. It is fun to see.

Added a bit more CUB earlier.

Posted Using LeoFinance Beta

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Oh, I did not put the image sources down. Damn. Hope I do not get in trouble by Hivewatchers. The gif I made myself. Well they are linked clickable images, that should be good enough.

Posted Using LeoFinance Beta

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Far out Sarge am gonna go bald tryingt o figure out how to get my hands on this Safemoon.

Bloody hell.

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Do you have a BSC wallet? I will tell you what. I am going to make a step by step post tomorrow. If you are having trouble, others may be having trouble as well.

Too late for me to make a post tonight.

Posted Using LeoFinance Beta

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CUB & LEO = Weak paws with thorn in the side - haha lolz!

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I have been meaning to do more research about SAFEMOON as every 2 minutes once I get an article related to it on my news feed .

Posted Using LeoFinance Beta

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Be sure to do that. Lot's of scam coins out there. I don't have much invested in it. Maybe a little over $10.00 USD.

Posted Using LeoFinance Beta

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Cub finance is also my favourite and pretty much the only Defi platform I think I'm on. I say 'I think' because I click away sometimes without having a clue what I'm doing. I've had an interest in Safemoon, but I haven't gotten around to understanding it yet. Soon enough though, I will.
This was really insightful, thanks.

Posted Using LeoFinance Beta

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Great review, Sarge! Thanks for sharing it!

Cub is also my favorite DeFi platform and I also really like ThorChain! I haven't tried Polygon myself but I'm seeing a lot of people talk about it so it may be the time to try it out

Posted Using LeoFinance Beta

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Sounds like a really great batch of stuff you have there! CUB was my first real introduction to DeFi as well. It is a really great place to get started for all of the reasons that you expressed above. Safe and secure is for sure worth it! I just picked up a bit of MATIC the other day. It sounds like that one has a lot of potential!

Posted Using LeoFinance Beta

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Good to see the DeFi that you are into. I am mostly with Hive. Also love the Hive Index. I do have a little Leo. Trying to branch out some just taking my time.

Posted Using LeoFinance Beta

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This is so cool Dan! I actually didn't know a few of them so I will go and have a look. So many DeFi projects going on and it's getting hard to keep track. Posts like these do help because I can trust your word more than a random youtuber's.

Keep them coming :)

Posted Using LeoFinance Beta

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Great picks here, I am a fan of Cub of course, but I also see Rune and Matic being big in the future

Posted Using LeoFinance Beta

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Cubfinance also happened to bring me into the Defi space. So it sure has place in my heart.

Thank for sharing your picks. Will be looking more into Rune and matic, they seem to great projects, been hearing about them for sometime now


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