And so it begins... 🐯CubDeFi enters its 2nd growth phase !
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.
The least we can say is that there are a TONs of things coming up !
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.
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.
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?
Latest Analysis
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https://twitter.com/VinnieLemon/status/1412832702236082178
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I need to deposit more!!!! :D
You ALWAYS need MOOOOOOOOOOOOORE ;)
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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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