CUB Finance, Debit Cards, Avalanche, Blockchain, Crypto: Luxury or Necessity -> 145th 🐯 Curation

@HODLCommunity presents to you the 145th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

The Lesser Known Wealth Generating Kingdoms Of CubFinance Defi Platform by @shubhwaj

Farms - Farms are the liquidity pools at Cubfinance. You can stake your liquidity tokens and earn CUB, the native token of the platform.
Dens - Dens are the staking pools. You can stake your BSC token in its respective pool and earn CUB.

IDO - Pretty much self explanatory. Used to launch new tokens based on BSC as initial Dex offering or what we usually understand as pre sale.
LeoBridge - It is a permissionless bridge to swap your ERC20 tokens to BEP20 i.e to convert your tokens present at Ethereum network to their equivalents at Binance Smart Chain.

With the upcoming PolyCUB airdrop, it is great too see that the attention on CUB token and Cub Finance platform is raising day by day. Cub Finance has many strong sides to become an investor of it. Among all great things, I love LeoBridge and security of my assets as I think "Approving" a contract means putting your money into risk if you use De-Fi projects.

The LeoBridge will be connecting Polygon and BSC while all of them are will be linked to Hive blockchain thanks to Leo token. That's crazy!

Visa and Mastercard payments and savings with cryptocurrencies - Visa y Mastercard pagos y ahorros con criptomonedas by @hosgug

Given the restrictions of the exchange rate, tax pressure, high financial costs, and the loss of purchasing value of our national currency, cryptocurrencies have become a more than an interesting alternative, both to save and to generate interest outside of all those ridiculous impediments that the government insists on maintaining with the supposed intention of not spending the reserves, although without observing the immense public spending that does not stop growing.

Some time ago I wrote about Lemon Cash, one of the three Fintechs that I mention in the note, to test the system I requested it and I have been using it for three months, so far without problems and it returns me immediately after the purchase 2% in bitcoins, he also pays me weekly interest on the funds in cryptocurrencies that I have in the virtual wallet.

Buenbit is another Fintech that offers a prepaid card, in this case, Mastercard, and also returns 2% of each purchase, but in a randomly chosen cryptocurrency at the time of purchase.

The last of the three that I mention in the note is Belo, another Fintech that offers a Mastercard prepaid card and allows payments like Lemon with some cryptocurrencies, although in this case and for now only with stablecoins such as USDT or DAI,

For debit cards, I'm totally depressed to be living in a developing country as crypto debit cards are not delivered to all parts of the world. Anyway, if you are crypto debit card enthusiast for your daily expenditures, there are great options that the author mentioned!

The only point is that I do not want to spend any single coin on my daily life. I think the cards that enable stablecoin expenses are more advantageous than the others that force you to sell Bitcoin 😅

All you need to know about the Avalanche (AVAX) blockchain platform by @attentionneeded

The Avalanche has an impressive TPS of 4,500 (Transaction per Second) and also has what they call transaction finality at 2 seconds compare to other blockchain like Bitcoin that has 1 hour and Ethereum that has 6 minutes. This makes the Avalanche blazingly fast. The Avalanche also has a low cost fees compare to the likes of Bitcoin and Ethereum. Depending on the transaction, the average fee is $0.05 - $10 whereas Ethereum average fee is $20 for normal transfers. The Avalanche is also eco-friendly.

The native token used on the Avalanche platform is AVAX and there are 720 million AVAX tokens in total and during its launch 360 million tokens were issued the next 360 million are scheduled to be used as reward for stakers. One disadvantage about the AVAX token is that, it is deflationary in the sense that over a period of time the supply is set to go down because the transaction fees are not redistributed to validators, instead they are being burned.

Here is a great post that you can explore Avalanche (AVAX) project which is also one of my favorite smart contract platforms. In Avalanche, you will see three different chains that are connected to each other. According to your actions, you transfer from X chain to P or C depending on your purpose.

When you read the details mentioned by the author, you will clearly understand the dynamics. One more note: please check the Total Value Bridged from Ethereum to Avalanche. I'm sure you will be surprised ✨

5 resons why cryptocurrency and the blockchain ntechnology is here to stay by @lebey1

Despite this fact, there is no denying that some opinions are questionable. Seeing crypto and blockchain has something for the moment is a very wrong way to assess the technology. In my own opinion, I see crypto as something that is here to stay and the reasons are highlighted below:

Transparency
Decentralization
Taxable
Being a Legal Tender
Provision of Jobs Opportunities...

Blockchain technology is an evolutionary technology that affected the life of mankind deeply as it happened with the launch of Internet. After that point, it is nearly impossible to cease operations of a blockchain if the nodes/validators do not stop approving transactions in a chain.

Cryptocurrencies, on the other hand, will be like the technology giants of today's world. When the government coins (stable coins pegged to the fiat money) are introduced, any single operation will can be on-chain. Our author states the strong sides of the crypto ecosystem in a neat way. Strongly advice to be read!

Learning About Cryptos: Luxury or Necessity? by @piensocrates

While it is true that many people seem to think that cryptos are a luxury, a fad, it is also true that more and more people are making huge profits with this, since the possibilities in this regard are endless.

The number of options to earn money today with cryptos are so vast that perhaps we would not be able to imagine them all, but to mention some of them, we could talk about DeFis, NFTs, P2E (Play To Earn) games, etc. Not to mention the most basic option of all, which is trading in general.

Given all of the above, it is clear enough that there is now a new type of ignorance, which is not knowing about cryptocurrencies.
While in the past a person who could not read or write was considered ignorant, with the new paradigms humanity has reached the point where technological knowledge, and especially about cryptocurrency, will be essential

Can anybody claim that cryptocurrencies are luxury? I think it would be a narrow-minded point of view when we consider the growth of crypto ecosystem and the use cases that we have as of speaking.

While we are already satisfied with the necessity of crypto in our lives, the author emphasized a critical point about the effects of crypto on our lives: Ignorance of the crypto ecosystem. I think anyone who is not aware of the crypto ecosystem might be seen as ignorant considering all the mass adoption taking place. Would it be too harsh? You decide ✌

This post is created by @idiosyncratic1 to curate quality content on LeoFinance.

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