It's getting close to the end of the month and I want to move some LEO over to some of the CUB-related platforms. It was hard to decide where to invest my LEO this month but I finally decided after looking at the different options.

CUB

There has been a lot of updates on PolyCUB and not so much on the BSC CUB. Of course, I think development is on the way for different platforms so I think that may pick up in the next few months.

Cub Roadmap

The roadmap documentation page is still the same but I was looking at this as a key factor in where I invested this month. I don't know if it will fully be on track though but I do think my current play will pay off in the long run.

PolyCUB

The emission rate of PolyCUB has been dropping over time and it dropped to 2 PolyCUBs per block a few days ago. In less than a week, PolyCUB emission will drop to 1 PolyCUB per block and the rest of the emission changes should happen monthly afterward. So I expect the price for things to stabilize soon enough.

There has been some news about two new features: bonding and collateralization. Bonding will be working to help fix the liquidity issues for PolyCUB and the loans should allow people to borrow against their PolyCUB position. Having more liquidity will help reduce price fluctuations on PolyCUB and it will allow people to enter or exit their PolyCUB positions without taking a huge hit to their investment. The loans should allow people to keep their stake in the platform while letting them get USD for their own use. You can either use this in times of emergency or allow people to take their loans to get even higher returns.

You can read more about the different features of PolyCUB here.

Where did I invest?

First off my options are BSC CUB farms, PolyCUB farms, CUB kingdom, or xPolyCUB. Out of these, I think only the pLEO/MATIC pool is in my interest for Polygon and the CUB/BUSD or bLEO/BNB farms for BSC.


First off, I looked at the BSC farms and the kingdom. Out of these options, I see that the CUB/BUSD farm is about 1.3x the kingdom and I don't think it is worth the risk of impermanent loss. As for the bLEO/BNB, the APR here is only slightly higher than in the kingdom and I have enough BNB to cover gas fees. So out of the options, I feel that the CUB kingdom is the best option out of the BSC options I have available.

Now I want to consider the options in PolyCUB. Just taking a look at the pLEO/wMATIC, I see that the APR is 160% and if we have to take in early harvest rewards, it will be halved. So this means the APR is around 80% because I am not sure if I would harvest early because the lock-up period is 90 days. The xPolyCUB pool is also looking attractive as the APY is extremely high. So out of the options, I consider the xPolyCUB pool more attractive.

Now that I have considered all the options, I ended up choosing the BSC CUB kingdom because of the airdrops. Increasing my CUB stake on BSC will give me more PolyCUB over the next month and it will also increase my airdrop on the three other platforms on their roadmap. So investing in the CUB kingdom also means that I will be increasing my PolyCUB and it will benefit me more in the long run.

Monthly Add

I sent 201 LEO tokens over to my metamask wallet using the documentation instructions. From this swap over, I got 200 bLEO tokens. I swapped my bLEO into CUB.

After I swapped my CUB, I harvested my CUB and I added 309 CUB into my kingdom you can see my current CUB kingdom below.

As I stated in my last post, I plan on investing all the PolyCUB I get from the airdrop into the xPolyCUB pool and this is my current position below. I generally collect my PolyCUB every few days and stake them afterward.

My Cub Finance holdings

Above is my holdings as of last month and below is my current holdings using mycubholdings. The values of my account have gone down and it looks like I am now holding more DEC, bLEO, and CUB than I was last month. As I didn't add anything to the farms, you can see how IL has affected my current positions.

The first thing is my DEC/BUSD pool and I am actually thinking of removing this LP as I think it has served its purpose. Originally, I added it to the farm to get some yield and also to increase my DEC. For now, I think I will leave it during the SPS airdrop but the yield on this farm is quite small and I don't think it's worth harvesting every month due to the small amount of CUB it farms. After that is bLEO/BNB and LEO's price dropped against BNB so there is more bLEO in my LP. The last is the CUB/BUSD and it has taken a hit as well as CUB prices have dropped down after the airdrop got started. Out of all my farms, I think I like the bLEO/BNB farm the most because it's more stable and I am generally investing LEO each month.

Please make sure to invest only what you can afford to lose and nothing I said is financial advice. Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.