Cubfinance: decentralized finance on Hive?

avatar
(Edited)

Making decentralized finance accessible to the Hive Community!

0A699AAC-7B44-4FE2-BBE3-A4D990E3FC1B.jpeg

Cubfinance on Binance Smart Chain

What is Cubfinance?

  • a decentralized finance investment project where you can Stake the project token Cub for 3% to 20% yield, depending on the lock up period, or..
  • You can provide assets to 9 different trading pairs on Cubfinance Farms and earn 24-28% annual yield, while still holding Hive, HBD, Leo or Cub., so you can benefit from token price appreciation in the next bull market.

Homepage

440A6CAA-919C-44E2-9F6B-2DB3DFAF62E2.jpeg

Project Directory Menu on far left

90614B83-F70D-4932-9DA5-E53821EBA251.jpeg

Staking Page called Kingdoms

89177D34-FAAE-4147-8707-E24FB6A543F3.jpeg

  • This page is where you can Stake the project token Cub for Yields of 3% to 20% yield, depending on the lock up period. See picture below:

275F9639-8441-4C40-9DA8-82DB7D3F93BD.jpeg

The Yield Farms

  • This is where can provide assets to 9 different trading pairs on Cubfinance Farms and earn 24-28% annual yield, while still holding Hive, HBD, Leo or Cub., so you can benefit from token price appreciation in the next bull market.

**These are the trading pairs you provide assets to in the picture below:

5CF7CC17-97CA-4098-87C8-65473DB36C59.jpeg

** And the picture below shows what the yearly APRs are now.

F4761250-52D1-4EF3-807C-D144456C01A7.jpeg

  • These yields of 20% to 28% are the reason over 48 billion dollars is deposited in decentralized finance across all blockchains.
  • Compare that yield to Bank Savings Accounts paying 0.25% to 0.5% in most countries, easily a return on your investment or ROI 50 to 100 times greater.
  • These huge returns in decentralized finance compared to the very small yield are the reason decentralized finance hasn’t died during the bear market.
  • Some Cryptocurrency Investment projects like Luna, Celcius, 3 Arrows Capitol and Gemini Earn have collapsed, and those were Centralized Cryptocurrency Finance tools, where you surrendered control of your cryptocurrency, you had no idea what your cryptocurrency was invested in, and no idea how much was lost or what your gains were.
  • Uniswap, PanCakeSwap and Cubfinance are Decentralized Cryptocurrency Finance tools, where you are in control of depositing and withdrawal Ing your cryptocurrency. You know what your money is invested in, because you control the investment and you make the choices. You can use the tools like the webpage How much is my LP worth? to check your balances daily and know exactly how much you earned, and how much your assets are worth each day, so you can develop a plan for when you will withdrawal your money, take profits or invest additional capitol.
  • Now it’s not as simple as investing with your Stock Broker, because it’s not regulated and there are no licensed cryptocurrency brokers, yet.
  • So you have two choices ; one, learn how to do this yourself or two trust @easydefi a two year old investment pool on Hive which helps people invest in decentralized finance in a centralized fashion.

EasyDeFi

F4BE478B-12C0-4FDA-8A01-D4FD8B874D58.jpeg

  • The home of the EasyDeFi Two step. You send money to @easydefi and @easydefi invests your money in Cubfinance, and then sends earnings to you.
  • Normally you would send cash from your bank, to a centralized exchange like Binance or Coinbase. There you would swap your fiat currency for a cryptocurrency utility token like Ethereum, Matic or BNB. Then find a software application called a bridge to send that investment to your wallet address on Ethereum, Matic/polygon or Binance smart chain. Then you would navigate to PanCakeSwap, swap your BNB for Hive and Cub tokens, the deposit dollar equivalent amounts in a trading pair like Hive-Cub, and receive Liquidity Provider Tokens. Then you navigate to the Cubfinance web page and enable the farm, and deposit your liquidity provider tokens in the appropriate Farm and now you’re earning Cub token.

84E656B8-CD77-401F-89CE-1894FE5433A5.jpeg

  • Then you can use the Cub to buy more Hive, HBD or Leo and add more capitol to your farms or sell Cub for another token above, transfer that token back to Hive or swap for the utility token, or swap for a stable coin, transfer to centralized exchange and swap for fiat, then transfer the fist to your bank account, and use the additional cash for food, d shelter or whatever needs you have.

The Leofinance Multi-token Bridge

  • This bridge provides a way for you to invest your Hive, HBD or Leo into decentralized finance, specifically Cubfinance.
  • It allows you to transfer the value of your Hive on the Hive blockchain into bHive or bHBD so you can invest the value and earn Cub token.
  • The bridge also allows you to travel in between Hive and Ethereum and Hive and Polygon.
  • Therefore you can move investment capitol from Hive blockchain to other blockchains for investment purposes.
    _ Comments orQuestions?
    Put it in the comments below.
    @shortsegments


0
0
0.000
1 comments
avatar

Congratulations @shortsegments! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

Hive Power Up Month Challenge - May 2023 Winners List
Be ready for the June edition of the Hive Power Up Month!
Unveiling the Exclusive Web3 Berlin Conference Badge. HiveBuzz Adds a Touch of Excitement!
0
0
0.000