Cubdefi recently launched its latest three Kingdoms, built on BeltFinance:
- beltBTC Single asset vault
- beltETH Single asset vault
- 4BELT USD STABLE Pool (USDC/ USDT/ BUSD/ DAI).
For full details you can read the announcement post here.
You need to deposit funds on Belt, to one, two or all of the above vaults/ pool and then stake those funds to the corresponding Kingdoms on CubDefi, to take advantage not only of the returns offered on Belt, but a further layer of Cub rewards offered via CubDefi.
If that sounds confusing I recommend watching the walk through video below which explains how to add funds to Belt and then stake to the Kingdoms:
What is Belt?
Belt is a DEFI platform run by a team based in Korea (which might account for why you may not have heard of them) which focuses on sustainable yield farming. It operates on Binance Smart Chain and HECO (BSC on Huobi) and bridges between the two.
Unlike with many other BSC projects BELT focuses on a very limited range of vaults and pools with a very narrow range of assets. Your options for staking are ATW limited to the following single asset vaults:
- BTC
- ETH
- Various stables
And the following pools
- BNB - BELT
- A choice of two stable pools.
There are a couple more options in the pipe-line, but for now that's it.
And I really like this no nonsense approach - this simple focus on the basic fundamental large market cap coins and stables.
Something else I like is that the returns are also sensible... they sound sustainable, so this looks like a good option of a place to stake your assets (but see the disclaimer below!)
Cub Kingdoms Leverage Belt and increase the return rate
If you want a better rate of return than with Belt, you should stake your funds deposited to Belt on CubDefi - that way you earn all of the returns on Belt and a further layer of Cub rewards, for one of the BEST (if not THE BEST) sustainable yield-farming return on 'sensible coins' in the entire BSC system.
You can stake to CubDefi here - Cubdefi.
And Cub Offers more
Once you've earned your extra layer of Cub rewards, you can then stake your Cub to the Cub Kingdom, which autocompounds, at a current rate of 100% (ATW), or you might like to swap some of that Cub for bleo/ BNB and stake in one of the Cub Farms for an even higher APR, the choice is yours.
However, I personally wouldn't bet against CUB right now as CubDefi is about to launch on the Polygon Network which will feature ICOs and there's also Cub Governance tokens in the pipeline for Cub Holders....
So with Cub - not only can you now stake your funds in those sensible ETH/ BTC/ stable vaults/ pool, you still have the opportunity to play around with chasing those crazy APR returns in the short term!
What's not to like?!?
Disclaimer
Written for entertainment purposes only, nothing in this post is intended as financial advice.