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RE: How Unsustainable is CUB Yield?

in LeoFinance • 4 years ago

"Will we have 1000% APR a couple months from now?"

Just going off what you've been saying, no, and you won't have it next week (or even tomorrow), either. Perhaps saying 1000% per year is a bit misleading, since we know that even next week it's going to be far less, let alone after another 52 weeks. Maybe "about 3% daily" conveys the same info without the ridiculous notion that rates will hold relatively tight for the next 365 days.

What's the FUD being spread? Just curious. Haven't heard any. Only heard rocketship pumps so far :)

4 years ago in LeoFinance by
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         4 years ago 

        As we reach out to other farming communities on the BSC ecosystem we get grilled pretty hard. What makes CUB different than all the other bullshit? How is this going to be sustainable? Blah blah blah blah blah blah blah.

        It's just a matter of adding some utility and building trust in the roadmap.

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               4 years ago (edited)

              Unlucky timing, they launched their “own” farming platform yesterday. For sure they were not willing to dilute their community investment power.

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                     4 years ago 

                    Please keep in mind that APR is displayed. APY is still and will stay in the thousands for a while.

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                           4 years ago (edited)

                          The posted APR for each den and farm changes on the Cub Finance in real time. I do not believe that anyone is being misled, far from it.

                          A person that has not done research into yield farming which is much like currency speculation (FOREX) should maybe not jump into the fray. Just a thought.

                          I am a pessimist and extremely critical by nature, but I see nothing but an upside with Leo Finance and their projects. Sure there will be bumps along the way.

                          I have done well as have others with this community. Unlike some other projects, it is never an if with @leofinance, it is a matter of WENTM.

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