I have a few little Cubs and I don’t know what to do with them ...
Dens or Farms ?
I am very new to Defi and it took me a while to figure out which coin to pair with my Cub in the Farms... I finally decided to go with BNB since I am sending that already to pay for fees and the less exchanges I do the less fees I pay... I think.....
So I decided to put $300 worth of Cub into the Cub Den and $30 worth of Cub+BNB into the Cub-BNB Farm
This is what I have at the moment ...
Source: https://howmuchismylp.com/
$312.96 in the Cub Den (10X)
$31.27 in the Cub-BNB Farm
So I’m going to track how I do in each one % growth and provide daily, weekly updates on these 2 so we can have a better idea of Risk vs. Reward...
Cub Den at 579% APR
Cub-BNB Farm at 1184 % APR
Also Posted In LeoFinance Beta
I invested in bLEO/WBNB pool mostly.
Where do the Cub go when you harvest them in the Farms ... Do you need to buy more BNB to match the amount of Cub harvested ?
Last week I sold Cub and bought bLEO / BNB and put into pool, now I just put all Cub to Dens Cub to farm.
Sold my cub and bought Leo, rather then deep diving into all this.
It’s super complicated.... and lots of BNB fees for every transaction.
if there are too many transaction, BNB fees will be too much, my strategy is if there is 100+ USD more Cub, I will harvest. Cub worth long term investment, thus after harvest, I will put into Dens Cub.