Salary IN, salary OUT, CUB IN, CUB stays IN as a long term investment

in LeoFinancelast month (edited)
So today I got my salary and I was supposed to pay taxes and usual living costs. What I did instead? I took it all exchange it for BUSD, swapped half of it to CUB and provided liquidity for the CUB:BUSD pool. Not only that this is the pool with the biggest rewards at the moment (379.06%), but in addition to that I like that it is paired with a stablecoin (Binance USD) and that it has no Deposit Fees. Now with the current rate I could get back my investment in few months or (as I will probably do) let it harvest as much CUB cryptocurrency as possible.

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Another aspect that I consider opportune for the move that I made is the fact that the CUB price is still low at $3.40, which allowed me to swap a bunch of them at a good price. This should count in the future as I should be earning also from the price improvements.

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Sometimes you need to be at the right time at the right place. I already invested quite a bit in CUB Finance and I have benefits of the immense APYs in the first weeks when the project was started, but I still feel there is time to grab some nice profits at the current rates. And if you are thinking of the entire economics and the burning model of CUB Finance, together with what is in the roadmap that should translate into CUB growing from here.

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The Audit is done and approved as far as I know, the Cub Composability is in the making and the Kingdom will rule this ecosystem but also other realms from where it will harvest DeFi tokens, LEO Bride switching between ETH DeFi and BSC DeFi should bring tremendous capital, while using the fees to improve the CUB and LEO finances and probably more innovative things will come in the space. With all these I think we are witness a strong project that will be here for long, so my investment from the salary should be safe and should provide for a better financial future.

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CUB could really be a game changer for many. It will be fun to watch it grow.

Another opportunity that is in the really early stages.

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That is quite true and while you said in the past and I wasn't all in at that moment, I hope to have gotten in the train in time to catch the CUB in the early stages! I believe in it and the team behind it!

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It seems like we are still in the early phases which is wonderful. There will be more people joining at a later time.

Hopefully we can accumulate a fair bit of CUB before the masses arrive.

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I think as well!
Looking at how the DeFi market is booming, Cub is for sure one of the best projects out there.
I‘m really excited what the future will bring...let‘s see!
However, hard to make predictions regarding price etc.

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That is awesome. Definitely a bold move, but I think it will pay off for you in the end. I can't say as though I would have done it. I am pretty conservative and I probably would have paid my bills off first. That is why I never win big though, because I don't take the big risks!

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Indeed, risk assessment needs to be factored in. But if I would related to that I could hold the assets in the pool for 1 Month and already get some nice gains. But having a stablecoin in it, I think I can hold for a longer period without a big risk.

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Yeah, for sure. I think I did one of the stable coin farms myself.

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We can't wait for the leobridge to start.

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LEO Bridge will bring capital and another use case for putting the fees work for CUB and LEO Finance!

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That's definitely a very bold and brave move @behiver, and well done for taking that leap of faith!

Whereas there are some aspects of the whole DeFi explosion that makes me a little nervous... including the possibility of a few exit scams... I have a lot of confidence in the future of CUB simply because Khal and LeoFinance have a great track record of doing things right.

"Nothing ventured, nothing gained" the old truism goes, and I wish for you outstanding returns!

=^..^=

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Much appreciate, trust and faith was built in time and the LEO Finance stands by it through Khal. Hope this will evolve into something amazing as we have seen with the other projects!

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That's kind of my thinking on CUB-BUSD. I understand the risks but also understand if I hold it in there long enough instead of getting all crazy with moving it around it won't take all that long to recover and start profiting. I can either sell out everything in profit at that point or do some type of split. Normally 80/20 rule for me. 80% stays in to compound and 20% comes out to invest into other projects or if for some reason I need the funds.

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Yeah, I was thinking that I can exit anytime and get my funds back and some on top. From this point on is just a matter how I work with my finances, hopefully I can leave it much time to grow.

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I’m also waiting to add more around this level. I’m not sure I could put my salary in but maybe a few thousand more could not hurt!

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Just need a leap of faith and trust in the project. Seeing also the results from the audit, that should bring it!

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Exactly! I’m looking to keep loading.

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CUB has dropped a little and is down to $3.17 so even more incentive to lock in some more CUB into those farms

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Indeed is a good price to buy. Anything under $4 or even $5 still holds good value and potential for what will follow in this space.

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I am also there. At some point I was thinking to sell CUB to cash out some BUSD but then I was like:

The team is strong and I trust them
Project is technically advanced and keeps on improving
People outside the LEO ecosystem will ultimately FOMO later when they realize the track record and potential.

Therefore I harvest and put also in BUSD-CUB or just the CUB Den. As I believe CUB will be north of 5$ 6 months from now.

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I'd like to invest in it. I still didn't figure out the practical aspects of it. What do I need in advance, where do I go and what do I do. I've read many articles but still can't wrap my head around it.

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Very good strategies ... The best of all that in your country the salary is a little higher you can invest with it ... In my country it is equivalent to $ 1 a month ... I quit last year it is better than having a bad salary...

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It seems like we are still in the early phases which is wonderful. There will be more people joining at a later time.

Hopefully we can accumulate a fair bit of CUB before the masses arrive.

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Hi @behiver ,
that's great, one of the things I haven't ventured into yet is the world of DeFi, knowing about these projects will help me make a good decision, thanks for the input, I just have one question, how much is the profitability in a month?

I'm promoting That curation trail on HIVE and it would help me a lot if you forward it, You can also check it yourself: you might find it interesting to join, I'd love to hear your comments.