RE: Cub Finance: Entering the CUB/BUSD Defi Farm

avatar

You are viewing a single comment's thread:

Yea I think its the best way to get CUB through the APR and you are less likely to lose FIAT value since it automatically starts turning CUB into BUSD when CUB dumps.

!ENGAGE 10

Posted Using LeoFinance Beta

hive-167922 leofinance
0
0
0.000
4 comments
avatar

Very nice article @jafang003. Why didn't I think about this before!!! Duh me. I am going to put some money in the farm because it makes sense. Impermanent loss is not going to affect the earnings in the long run.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Well the damage prices change does is probably going to be less in both directions. I think you still get hit but even if CUB goes up in price, it just means your depending on the APR to to make up for the CUB changed into BUSD.

!ENGAGE 10

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thanks for the explanation J. I get it now. With Kingdoms, the impermanent loss won't matter much in the long term.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

0
0
0.000
Reply