So I woke up today and checked the markets and noticed something a bit weird. Even though CUB price went down the APR on the main pool went up. Combined with these unsustainable yields and compounding competition this was very strange. The only possible way this could of happened was less competition in the main CUB/BUSD pool.

Yep.

Lo and Behold, when I checked the market cap of the LP pool $200k had been removed and added to the DEN. Someone is going long at the $3 mark. Not a terrible play if you ask me, but extremely risky considering we are about to get slapped with a 50% yield reduction on Monday.

I agree it's too risky. It seems to me that the CUB-BNB LP pool might be the right pool to get into when the volatility from the inflation reduction has died down. BNB is likely to go up in the next few months.

Posted Using LeoFinance ^Beta