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Cub Finance farm yields skyrocket before PolyCUB airdrop

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@forexbrokr
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A look at the insane yields on Cub Finance before the launch of PolyCUB.

The upcoming PolyCUB airdrop announcement has seen assets on the Cub Finance platform shift, offering fresh opportunity for savvy yield farmers.

Haha, look at all you degen creatures crawling from out of your hidey holes when someone mutters the magic word of airdrop.

Welcome back to the community and I hope you enjoy the virtual daylight shining into our lovely digital home while you’re back.

What a time to be alive!

The rebalancing Cub Finance yields

Per the announcement, CUB staked in the Kingdom will be airdrop at 100%, while CUB in the CUB:BUSD pool will only be airdropped at 50% (the CUB side of the LP only).

It’s been pretty wild to see that Den dominance has risen close to 70%, essentially taking them off the market by locking them away over the medium term.

The majority of the circulating CUB supply, transparently not for sale.

What we’ve seen as a result is investors too scared to risk impermanent loss on their precious cubbies, fleeing from the CUB:BUSD LP and causing that pool’s APR to surge to 170%.

This is money absolutely fleeing like there is no tomorrow, from the LP that is hedged in the safest manner to downside risk.

Reckless?

Well who cares, because it’s happening.

And it’s causing the Cub Finance platform to have to rebalance rewards, pushing the APR on the safest farm to ridiculous levels as a result.

Do the diamond paw HODLers in this community give a shit?

Nope haha.

Nobody wants to risk any of the CUB they already own right now, for even twice the APR!

If they didn’t sell or even hedge using the CUB:BUSD LP on the way down, they’re certainly not selling on the way up.

These babies are now locked and not going anywhere.

Pretty wild when you think about it this way.

The LeoFinance community is something else!

Final thoughts on what we're seeing

Can you get a greater short term return with your money in the CUB:BUSD LP?

Yep.

Will you make more by not risking impermanent loss and holding all your CUB in the Kingdom that earns half the return?

Only time will tell.

I mean you degen creatures are never disappointed by what price does around airdrops, are you?...

Best of probabilities to you.


Direct from the desk of Dane Williams.

Why not leave a comment and share your thoughts on the Cub Finance farm yields skyrocketing before the PolyCUB airdrop, within the comments section below? All comments that add something to the discussion will be upvoted.

This Cub Finance (CUB) blog is exclusive to leofinance.io.

Posted Using LeoFinance Beta