I didn't pull the trigger when cub went down to $2 and not even when it went back up to $2.5 but today I decided to put some extra Hive via the leo/bleo wrap for 2.1k leo into the CUB den which is giving right now a 180% APR. I believe hive will go back up at some point but I have a feeling CUB will reach >$7 before hive will reach $1.4 so I am moving some of my liquid hive to CUB to take extra profit if my theory is right.
I will be looking to sell some CUB if the ratio to hive is allowing me to double the liquid hive I put in to ~5k by selling 200-300 CUB or so and let the extra CUB from this investment rise.
Before the trade I had 471 CUB which is mostly profit from being a liquidity provider from day 3 to now, I have sold some of my position from the CUB/BUSD pool to event get more CUB because I don't like the idea of the pool selling some of my CUB when the price will be rising.
After doing my trade @~$3.3 per CUB I now have over 1000 CUB into the den and I am just waiting for the price to rise and collecting interest on the way up without having to sell some precious CUB.
It is really good to see the dynamic going on with the project and seeing the TLV increase today probably due to the 0% deposit fees which some people took advantage of to put some money into CUB. I am very happy to see more money coming in and looking forward to seeing CUB over $10.
