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Kingdoms and a Bridge. Cub and Leo Continue to Innovate...

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@dagger212
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I'm still processing the update Khal and Co. put out yesterday. It is loaded with a lot of great information and really lays out some of the exciting things happening behind the scenes. Yesterday, I talked about Cub and it's uncanny resemblance to early-days Uniswap. As I said, that's probably a bit bold of a comparison but...is it? I'm not so sure. Let's look at the next piece to the puzzle coming our way.

Cub Kingdoms

This sounds amazing to me. As some of you know, I'm a bitcoin hodler. I don't have much, but I keep stacking sats on a regular basis with a couple small weekly autobuys. I just happen to think it's going to a million at some point so buying even small amounts at these levels can 20x or more down the road. The reason I bring this up is because I do not want to sell my bitcoin. Ever. I want to hodl it until it hits that million dollar price tag and then I want to live off of the interest. It will be a modest living at this point but I can supplement in other ways and quit working my regular job. Gotta have goals, right? :-)

I would also love to own more Cub as well, but I'm not going to sell my bitcoin to get it. It's too expensive to buy it back for one thing. Just my rule. Everyone can have their own. Anyway, Kingdoms will be offering me a way to kill two birds with one stone.

According to their update yesterday, I will be able to put some bitcoin in a "Kingdom Vault". So, just like we're now able to put BTC in a "den" (or CUB or ETH or DOT) and receive a "yield" paid to us in CUB, we will now be able to use a "vault" instead. This vault will then take the capital pooled inside of it, and through an audited smart-contract, will basically stake it on another platform yet to be determined. Could be Pancake, could be Goose, etc. Like I said, it's still to be determined.

Now that it is staked on that platform, it will earn that platforms token as a yield (CAKE, EGG, whatever). At the same time, it will be earning CUB as a yield from Kingdoms. It will then automatically sell the other platforms earned tokens and convert them into bitcoin (or ETH or DOT or BNB...whatever you're using) and add it to your current stake.

So, in a nutshell, you will be able to grow your bitcoin by earning interest IN bitcoin at the same time you grow your Cub. How great is that?! No need to sell your bitcoin. Put it in a vault instead and basically earn double the interest. Can you do that on Uniswap?

Now, I don't know how this works. I'm not a dev. I trust that Khal and co. *DO know how this works, else why would they be building it, right? This goes back to that 2-plus year track record they have of building and delivering. Am I going to take my entire bitcoin stack and put it in this vault? Of course not. It's crypto. But I'm certainly going to put in some. More bitcoin and more Cub, while I sleep, while I work, while I....curate.

So, every time I get online to comment and curate, I will be earning CUB, BTC, LEO, and HIVE while I write. I think I could have some pretty good days here. lol But that's not all. There is also...

LeoBridge

I've written about this before and nothing the devs said yesterday has changed my opinion about it. This is truly another innovation that very few, if any, platforms have. The ability, *with a single click, to move money from the Ethereum chain to BSC and vice-versa. Many of us who have taken our first foray into the world of defi with Cub know how complicated, and downright scary, it can be to move our money from metamask (or other wallets) over to the BSC side.

There are like 10 steps. Wallet to BinanceUS. Convert to Busd or BNB. Move that to Binance Chain Wallet. Convert it to BSC. Move that to metamask BSC. Then buy what we want. Then convert to LP. Then stake the LP in a farm. Every single one of those steps feels like you're one click away from screwing something up and losing your money. The first time I did it I was so lightheaded from holding my breath at each step I almost passed out. lol Seriously, it's ridiculous.

*LeoBridge does it with ONE CLICK. ETH to BNB? Click. Done. UNI to BUSD? Click. Done. Any ERC20 token to any BSC token? Click. Done. All for a tiny .25% fee which will burn both CUB and LEO. Honestly, I want to buy more Cub right now but I've been putting it off because of this process. And I know how to do it! Hell, I even wrote a tutorial on it. lol I'm not kidding. It's that scary. I would rather leave my money where it is than risk getting it stuck (which happened) somewhere in transition or doing something wrong and having it be lost.

LeoBridge solves all of that. When you consider that more and more users are finding their way to the cryptosphere every day and a lot of them are NOT computer savvy, the implications of this one innovation could be massive. One click! What could be easier than that?

As I've also said before, if I'm going to transfer potentially thousands of dollars across a "bridge", I'm going to do a little research into the bridge maker first. And what will they find when they do? Leo Finance. Cub Defi. Hive. And all the articles they could ever want on what those three entities are about. Plus, a passionate community willing to help any who come asking.

The synergies of LeoBridge, CubDefi, and CubKingdoms are amazing. They all feed into each other. Couple that tech with the community writing about it and explaining it all and we have the makings of a major expansion of the entire Hive ecosystem.

Will everyone who uses the bridge come on board? Of course not. But some will. And those people know people who have never heard of this place either. And then they'll take a look. Slowly but surely I expect this platform to grow organically at the same time the TVL and the LeoBridge pick up steam. In the meantime, we all get to keep commenting and curating our way to rewards while they keep burning more and more Cub and Leo. Everybody wins.

After a couple months, I expect the TVL will take some big jumps. $100M? Maybe. I also expect that Cub and Leo both will appreciate in price some. LeoBridge will start gaining some press. Cub Kingdoms will settle into how they want it to work and look and new contracts will slowly be added. LeoFi will either be launched or we'll at least know more of the specifics. In other words, the infrastructure will be in place and the process of fleshing it out will be ongoing. And then do you know what happens?

ProjectBlank.

And this place will never be the same.

Thanks for reading. If you like the content, please consider a comment and an upvote. I will happily reciprocate.

As always, I am NOT a financial advisor and this is NOT financial advice. These are my opinions. Cryptocurrencies can and do go up and down and you could lose all of your money. Do your own research.

Posted Using LeoFinance Beta