And so it begins... 🐯CubDeFi enters its 2nd growth phase !

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Hello HODLers, Lions and Cubs,

Just an hour ago, @leofinance dropped a long and very thorough post concerning Leofinance and CubDeFi; you can find it here.

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The least we can say is that there are a TONs of things coming up !

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As said during last friday's AMA, the last kingdoms are almost ready and will go live this week.

As $CUB price seemed to have found equilibrium since the whole Kingdoms journey, I know a lot of users including myself are excited about the prospect of less Sell pressure and even some Buy pressure with the fees collected !

As the $CUB Kingdoms multipliers have been and will continue to be lowered, it will allow to free some rewards that will be spread to $CUB native dens and pools !

According to the post, it should double the $CUB Den APY

The team is designing and IDO launchpad (Initial Dex Offering) which should give you the possibility to stake $CUBs to get some new project / launch.

It seems that the polygon $CUB launched might actually be the first project to use this feature.

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Are you ready to be an annuitant?

Kingdoms collect a 3% management fee (on external farms) that is going to be distributed to $CUB Kingdom Stakers ! As mentionned $BNB "dividends" will have to be claimed manually.

There still is some work to do but the release is planned for July, 13th.

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I hope you can feel my excitement and hopes !

As I shared in my last post, I was fully invested in the $CUB-BUSD pool for the past weeks but as this news kicked in, I withdrew the liquidity and bought $CUB with my BUSD !

And you ? What's your take? What are you going to do?

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6 comments
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Very excited about these developments. Will the Cub/BUSD farm be migrated to kingdoms? It wasn't mentioned there.

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Hello there @belemo,

They mentionned a few times that it could never be a "real" kingdom as there are no other platform using this pair so I think it will stay a farm. The only CUB kingdom will be the CUB autocompounding Den.

I hope it helps

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Lots of great stuff coming in the next week! I am very excited too!

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