No Loss Lottery Supports Cubfinance

Cubfinance, the staking and liquidity provision project created by the team which created Leofinance; @khaleelkazi and team, is the main investment of the No Loss Lottery.

The investment route

• The deposited Leo tokens, or Hive tokens deposited are each assigned a ticket number on a ledger. The Hive tokens are swapped for Leo tokens on Hive-Engine. All Leo tokens are then sent to Cubfinance via the wrapper website.
• ‘These Leo tokens, which are now represented as bLeo tokens on Binance Smart Chain are swapped for Cub and BUSD tokens on Cubfinance.
• ‘These dollar equivalent amounts of Cub and BUSD are then deposited into the Cub BUSD trading or liquidity pair on PanCakeSwap version 2, and Liquidity Pair tokens are received in return.
• ‘These Cub-BUSD Liquidity Pair tokens are then deposited in the Cubfinance Cub-BUSD staking farm on Cubfinance, where they earn a APR over 100% per Annum, which is paid daily as Cub tokens.
• These daily Cub token earnings are withdrawn daily and deposited in Cubfinance Cub Kingdom, which pays 68% APR in Cub and Cake, but the Cake is sold to buy more Cub. These earnings are auto deposited back into the Cub Kingdom to increase the yield daily.

The Lottery

• ‘Then every Sunday all earnings are withdrawn from the Cub Kingdom and Cub Yield farm, leaving the Principle intact.
• ‘These earnings are distributed each Sunday through a random drawing of all Leo depositors.
• The drawing is visa vie a random number generator created by Google.
• The numbers represent the ledger numbers assigned to each Leo deposited.
• ‘The first prize is 50 plus Leo and the other prizes are 25 Leo each, usually 3-4 of those.
• Thus a one Leo priced lottery ticket yields a prize of 50 or 25 Leo each week visa vie a game of chance.
• ‘Your odds of winning are directly related to the amount of your deposit, but because it’s random, but large and small depositors win weekly.

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@shortsegments

Posted Using LeoFinance ^Beta