Okay, by now you already know that you can get Cubs from farming on Cubdefi. However, some people might still be a bit sceptical about getting into it, so in this post, I'll explain some ways you can buy and stake cub with zero friction.
Cubfinance is my first experience with DeFi and it has largely been pleasurable, at least in terms of the user experience. I've been farming and printing magic internet money with what is say is a $1200 investment in various tokens that has grown to $1500 in value over four days.
The point is to tell you about the profit I've made from printing magic internet money. I've not sold anything, just staking and compounding.
How go get Cubs
Through Lions🦁
If you want Cubs naturally, you'll need a lion🦁. I mean Leo of course and you can get leo from hive engine or from post payout, if you write on the front end.
After you get leo, you'll need to wrap it into a Binance readable token. I prefer using metamask because my normal Eth address works as BEP20 address.
Once you've sent your Bleo into your wallet and included the leo contract, you should see your Bleo in your binance wallet.
Once done, you simply connect this wallet to Cubfinance and then use the swap feature to exchange your Bleo for Cubs.
- Note: You need some BNB(like $2 worth) in your wallet to pay for binance smart chain gas fees. Unlike hive where your resource credit recharges, you need a tiny bit of BNB to perform transactions.
Okay, now you have Cubs in your wallet and you can start mining for more Cubs with your Cubs. Like I said, if you're not comfortable with the liquidity pools, then you go into the den section and stake the Cubs you have.
After staking, you can compound your harvest, basically e during that your reward reals even more reward for you. At the end of the day, your Cubs earn you Cubs and you don't have to worry about the dangers of liquidity pools.
