Cub Turning Around?

in cub •  3 years ago 

Hi Friends,

For those of you utilizing Cub Finance for part of your Defi portfolio, you have likely been disappointed in the price action over the last couple of months. Of course, the concept is solid, but with higher yields elsewhere (albeit, maybe not as sustainable, in theory), it is hard for Cub Finance to attract new investors.

That being said, we got a bump today on the Cub price, which was nice:

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I am not sure how the Cub price and Cub Finance platform will fare in the next bear market, but I do like defi as an important part of crypto investing once the bear market has set in. It will be a great chance to earn yield and compound your assets, so that the next bull market runs are propel us to even greater gains.

What is your outlook on Cub Finance?

Side note: can we can an auto compounding Cub pool?

Thanks for coming by,
Brian

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  ·  3 years ago  ·  

Cheap defi projects are not good for investing. In will continuously falling and when we remove our liquidity, we will get less balance that was put on liquidity pool. In bear market investing in hive, steem or others high potential platform is better. At least we don't lose our funds and have a lot of chance to earn huge profit in bull market. Just my personal opinion.

  ·  3 years ago  ·  

Good thoughts 👍🏻