Hi fellow Lions,
Today I wanted to share a struggle I went through but thankfully overcame! Getting to CUB staking without any fiat involvement!
GUIDE: Buying/Staking Cub with NO FIAT
The struggles!
This started out as a bit of an annoyed/angry post but I was determined to make it into a positive which by the end, it absolutely did turn out to be positive! I got my first experience with DeFi and also my first experience with transaction fees and how that adds up for sure!
Here are the posts I've visited to figure this out.... As you can see I was going all over the place to figure this out! Each of them played an important role in me getting to the point where I could finally stake the CUB I got back in March lmao. It's best to be late than to never be in it at all though! I think some of the tools might not have been as refined as they are now, but I could be wrong. In any case, let's proceed.
@mineopoly/cubby-acquisition-step-2-leo-to-bleo
@crypto-guides/what-is-cub-finance-bsc-coin-cub
@jerrythefarmer/how-does-cub-finance-cub-work
https://docs.cubdefi.com/tutorials/how-to-receive-tokens-on-binance-smart-chain
@mobi72/buy-leo-on-leodex-and-then-buy-cub-on-cub-finance-with-those-leo
Once I finally figured out that the token address was this one [0x6421531af54c7b14ea805719035ebf1e3661c44a], which sadly was not listed on the tutorial here (could we PLEASE have someone at Leo edit this tutorial and add this? I spent an hour figuring this out... only reason I found it was somebody else's post got commented on that this was the correct address! Not cool!) I was able to proceed. This is a critical step though, without that address you can't proceed!
So to start, you need some BNB! I don't have Binance since I live in America and I don't want to go all over the place adding my info where I don't need it so I was trying to figure out what to do. Thankfully I found a post about how BNB was on Hive Engine. I was a little ashamed I didn't think of it sooner but took it as inexperience and proceeded. You have to get yourself some Binance token BNB and you can easily get some via Hive Engine. The token is called SWAP.BNB so that's awesome. I got me some, maybe a little extra so that I knew I had enough for the dreaded transaction fees..
TEST IT!
Now that I got some BNB, one thing I highly recommend with anything cryptocurrency is to do some test transactions! Use a small amount so that you can verify you have everything going. It's always best to do this so that you can just reassure yourself that it's all correct. We might be used to always having a "refund" if something goes wrong with fiat dollars but that's definitely not the case with crypto! Especially decentralized crypto. There is no going back. I sent enough to not be insignificant but also not be all of the token I just bought.
It took about a minute or so and boom, there was my BNB in my wallet! It's definitely something we might not appreciate as much when we are here on Hive, the transactions being 3 seconds and free. Hopefully we can leverage this measure as we grow! I then sent the rest of my BNB that I bought so that I can get to using it!
Then we have to add bLEO as a token in our Metamask/BSC wallet. This is where that token address I specified above is CRITICAL to this working. Otherwise, you are dead in the water! The bLeo contract address is
In the MetaMask wallet you are going to go to the tokens and go to "import" where it will ask you for the contract address. Paste that address in there and click "Import". One way to see that it's possibly accurate is the bLeo name will show up there once you input the address so that's always a good sign you didn't mistype something lol.
There is this nice warning here that I think is important to note. It just reiterates that if you transfer funds somewhere, there is no returning it if something goes wrong. Just double check your stuff is what we always say!
Once you confirm and import the token, the next screen will ask you if you want to import your balance which we certainly do!
Now we can see that we have the bLeo token, we can then spend it to swap it for Cub!
This is where we can then swap it if you aren't already on the Pancakeswap site, go to cubdefi.com and click Exchange in the top left of the site.
Now we need to specify what token we are swapping. We want to swap our bLeo for CUB so that we can then stake it! You can use all of the bLeo you got or you can save some, it's up to you. I don't have a lot so I just swapped it all for CUB!
Once you enter the amount, you just wait a little while to get it swapped after you pay the transaction fee. This takes another minute or two depending on the level of traffic on the network.
Now that we have some CUB, it's time to go back to CubDefi so that we can go to the Kingdoms which is where we can stake the CUB and get in on the APR!
When you are in the Kingdoms, there are quite a few pairs you can use. I don't have a lot of the other things so I just went with my original plan and went for CUB over anything else. To do this we need to first approve the contract. This costs yet more transaction fees. Love it LOL. Doesn't Hive look super attractive to you now? It does to me! No fees!
When you click Approve you will open your MetaMask wallet on the screen and it will ask you to confirm it. I already had this done so I just used Cake for my screenshot but the same principle applies.
The last step you need to do now is to Deposit some CUB for staking! I don't have any additional CUB but you click deposit, choose the amount you wish to deposit and pay that transaction fee once more and then you're done! Now you sit and wait for the daily rewards to come in. Granted, 20 CUB isn't a significant amount of money but it's a hell of a lot better than having 0! I'm glad that I finally got this figured out. Who knows how much this will end up being valued in the future!
Thank you!
If you liked this little guide, drop some votes and reblog it so other people can see it! I don't think I saw a post that covered this from start to finish so I wanted to put my own spin on it. Eventually I will have to make one where I do the reverse process, going from CUB back to Hive so that I can power up the Hive!
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