As we near the release of the next big addition to CUB since LeoBridge, Kingdoms (coming in less than a week!!) is well poised to equip the DeFi platform with a killer feature unique to it. If I were to liken Kingdoms to anything, it would be an all-you-can-eat open buffet of DeFi platforms, compose your own plate with either risky high yield or guaranteed small yields.
LeoFinance has asked us on twitter what our go-to choices of DeFi are, aside from CUB. And I think I speak for everyone else, especially those well invested in CUB, when I say that PanCakeSwap is my absolute favorite when it comes to delegating my hard-earned dollars to, and earn upon my stakes.
It's quite undeniable that it was the platform through which the DeFi sub-industry was fortified. Several forms of DeFi existed before this, yes, but this was the one that made it mainstream with it's simplistic, non-complicated and straightforward design to all the beginners looking to invest probe into the DeFi sphere, evident by the many forks out there.
In addition, it's continuous on-boarding of many BSC underdog tokens into the light to expose newcomers and seasoned crypto investors alike, and, something that is of paramount concern for every serious investor out there, the fact that CAKE essentially mirrors Bitcoin's movements down to the dollar. And the icing on the CAKE, is the fact CZ, Binance's founder and CEO, is actively bullish on Pancakeswap!
All of those points combined, you are going to see CAKE make tremendous strides both developmentally and in terms of the price. Already they are winding up quite a punch on fronts of added features, such as detailed analytics of a certain pool, portfolio dashboard, and subsequent activation of other token-burning services.
ApeSwap
Aside from it's constant maintenance of %400 APR in pools, I often use this platform as a paragon of what good marketingship can bring to the price of the native token, despite the entire project itself being a basic copycat yield platform with blinding lights.
Still, ApeSwap remains the secure, tried-and-true go-to for consistent yields with nothing crazy on deck.
PantherSwap
Finally, the one that was able to triumph the cub, is Pantherswap.
This DeFi project in particular is pimped up with all kinds of restrictions on harvest periods, %5 fees on transfers within the platform and an overarching anti-whale limit of 1000 PANTHER per transaction. All of which effectively preventing any ballistic actions on the price either way by a single whale.
In addition, PantherSwap is preparing for its release of Jungles, it's Kingdom's version of Pantherswap, this should be interesting to watch. This also should be taken as a sign to speed up progress, others are beating us to the competition. Looking at you, Khal.
Closing thoughts
Kingdoms is just right around the corner, and the ability it presents to continuously compound your wealth without input is often understated in the cryptocurrency sphere where day-trading and quick profits are an expectation. Personally speaking, out of those three DeFis I talked about, I would love to see Pantherswap be included as a kingdom vault.
Thanks for listening.