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RE: GREEDY PAWS!

in LeoFinance4 years ago

I think a lot of people (including myself) are taking the CUB that they earn and constantly selling half for BUSD to go into the CUB-BUSD farm (or potentially just selling all of it), so that creates a somewhat constant slow selling pressure which will reduce over time as the inflation reduces and as more liquidity goes into the pool.

The really safe play here is the stablecoin pools. Barring any type of hack or issue with the stablecoin (unlikely), the maximum loss you can have in those pools is the 4% deposit fee, and even after the final inflation reduction next week the returns will still be crazy high assuming all else stays the same.

So it's just an unbelievably good risk/reward ratio there. Then if you want to gamble on CUB you can just stick the tokens you're earning from the stablecoin farms in the den or CUB pools.

As for the future value and potential of CUB, I really don't know. I have faith that they're going to build some cool stuff but I don't know if that will necessarily translate into price appreciation for the token. CUB is a tiny fish in a huge ocean of very similar, competing defi apps and even if it will be better than the others in many ways it still may never get noticed or appreciated.

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Wise words.

As for the future value and potential of CUB, I really don't know. I have faith that they're going to build some cool stuff but I don't know if that will necessarily translate into price appreciation for the token. CUB is a tiny fish in a huge ocean of very similar, competing defi apps and even if it will be better than the others in many ways it still may never get noticed or appreciated.

True but I think the crazy upside relative to the downside should be able to get people's attention.