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What a ripper of a day it's been, it hasn't been without it's headaches but sheesh I'm glad I pulled through and stuck with it.
I started the day trying to navigate the DEX and a shout out to for getting me and many others in this space. I always stuck to centralised exchanges due to their ease of use. But today I went out of my comfort zone and as reported previously it cost me 100 Leo. But in no time, once getting set up on CUBDefi I've made that back.
At current the reward pool is pretty good, not many in it so returns are going great at current it is 17,000% but no doubt this rate will drop as more people enter the rewards pool.
I'm pretty confident in Cub continuing to grow so I just dumped another $AUD560 into it to stake. I'm earning around $2 every 10 minutes. If you were fortunate enough to get in early that amount would most likely be netting you around $2 a minute at current rate.
Cub earned can be then staked in the Cub den which is providing a current ROI of 7000%. I think this amount will significantly reduce with the air drop.
When Airdrop?
The question everyone is asking is when will the air drop occur? The air drop will occur 24hrs after today's launch of CUBdefi which is why I was hammering it to get in early.
The initial CUB air drop will probably cause dumpers which will possibly reduce the value of the token. To what extent I am not sure as the how to claim from HE is still not clear. I'm tipping it will be a buy back through Hive as I can see some purchase orders already pending.
This means you'll need to go through metamask and link into the DEX to sell. It could possibly prove to challenging for many and people won't follow through.
Those that do may stake which will reduce the cub den staking ROI.
This is all speculation and I have no real idea on how it will occur, I just didn't want to miss out. Those who got in early have already doubled their initial investment and if you're looking for a way to make a ROI without too much headaches then take a look at Brofund and grab their dividend paying token which at a later date will most likely produce some form of ROI from CUB (speculation)
Anyway, I'm excited as if my numbers are correct I should make $288 in the first 24 hours and nab me some decent CUB amounts.
I watched compound and AAVE start low with Hugh yields than I watched as Yeilds reduced but coin value increased and compound is sitting at $600 AUD.
I think this is the project that will put Hive on the map and it is definitely one for the history books.
Well done to all the believers and supporters, no secret I am one of Leo's biggest fans.
Also, could someone please shoot me a discord invite please? thank you.