Moving from Group A to Group C
Recently I have had a two requests to move investors funds from Group A on Cubfinance, to Group C on Polygon.
As a service provider who is here to make your investment life easier I will comply with these requests.
However I must inform you that selling your investments in a bear or lower price market, means selling them for less then you paid for them.
Therefore you will get less investment capitol back then you put into the pool, if you request a sale of assets whose price has dropped.
You will not get back the same number of BLEO you put into the pool.
Specific Details of the requested action:
- Your BLEO was invested in the Cub-BUSD trading pair when it had a APR over 125%.
- One half bought Cub and one half bought BUSD.
- The BUSD or stable coin portion of the pair has held its value, which is one half of your investment capitol. The Cub portion has lost 40-50 % of its value, so it’s sale won’t return your original amount of capitol.
- So you will get back less BLEO then your initial investment if you sell at these lower prices.
- I will calculate your exact amount by calculating your percentage of pool ownership and then sell that fraction of the pool, then convert it to pLEO, and move that amount to PolyCub in your name.
Now many of you are okay with this loss because:
One, you have been receiving earnings for 44 weeks, which exceeds any capitol loss you face due to selling now in a down market.
Two, the gains on Polycub are so much larger, that you feel you will recoup your losses from by moving to Polycub where the current returns are over 200%, so your okay with selling your original asset in a down market.
As your service provider I will execute these moves upon your request.
But I want you to make informed decisions, so there are no surprises.
Several of you have made new investments on Polycub instead, and that is a better way to conserve your capitol.
Remember Cubfinance is going to get many of the new features of Polycub soon. So it may appreciate in value.
It’s a good time to remember what billionaire stock investor Warren Buffet said: The Stock Market is very good at transferring money from the inpatient investor to the patient investor.
Questions? Leave them in the comments below.
