RE: Two years down the road
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I've consistently continued to add the harvested Cub to the den. Short term, that's definitely a losing move.
Why do you say that? Do you mean you'd get more return for your money if you invested it elsewhere? I'm just curious. 😁
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Well, if Cub price drops, anything in the Cub den is hit twice as hard as the Cub-USD farm, for example, at a lower multiplier too. Or if you had a coin that appreciated while Cub dropped. But on the long term, if Cub will appreciate, that will be a great place to be in, the Cub den. Of course, if you'll need Cub soon (for kingdoms, for example), like I will, selling it at this price is one of the worst possible moments.
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I'll have to wait for Kingdoms to work that out. 😂
I thought it was an advantage to already own cub.
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It is. Especially now, because in my opinion it will eventually go higher from this price before the end of the bull run.
But if you need to sell some to buy something else you need on CubFinance, it's really a bad timing.
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So does this mean it would be a bad time to be getting into Kingdoms . . . once they're active?
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It could be a bad idea to swap Cub for something else if the price stays the same, because Cub will likely grow after a while. This might be a low for Cub. So that would mean selling low.
But kingdoms are a great idea and we'll have to see exactly when they are launched, and what the price evolution for Cub will be until then. It helps if you have BTC or ETH on BSC, because those will likely be the first kingdoms.
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On the round table Khal mentioned what the initial Kingdoms will be but other than BTC I don't remember what he said. I have some BTC but it's not currently on BSC. I'll need to find out the best/most cost effective way to move some of it.
Hopefully there will be some Crypto 101 type posts about it when they come out. 😊
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The other one is ETH. And maybe some other former dens will reappear as kingdoms. Then, at a later stage, farms will turn into kingdoms.
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I'm hoping the DEC-BUSD farm will get turned into a kingdom so I can just roll it over. I'm assuming that will be easier to do that getting into a new kingdom.
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I think that's unlikely, because the DEC-BUSD LP would have to exist on the platform where kingdoms contracts compose from. And I don't think this LP is on any other platform on BSC.
I might be wrong though.
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That's a shame. Hopefully they will keep in on CubDefi no matter what.
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