Are you collecting DEC to buy a good card in the future? Use your DEC to farming CUB - sell the CUB - and get more DEC. A quicker way to get more DEC so you can buy your cards faster. I will try to make a guide here:
First you need an account at Splinterlands. If you dont have any yet - you can go by my link here - https://splinterlands.com?ref=minimining
(This post is specially for two of my friends that play Splintrlands but not yet has started to farming and get more money from the DEC they earn )
Second you need to play some so you got a lot of DEC. I usually want 100 000 DEC before I go farming. But that is up to you what you want.
Use metamask and settings for Binance chain
If you have not used metamask before I suggest you go for a Youtube tuturial to start a wallet. Or you check this tuturial https://blog.wetrust.io/how-to-install-and-use-metamask-7210720ca047?gi=4ba00b042dc5
Now you need to connect metamask to Binance chain. A good tuturial you can find here https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain Go to "Configure the wallet"
Or use this settings directly.
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Connect Metamask Binance Chain to Splinterland
Go to your account at Splinterlands. Click at your name and then choose Link External Wallet.
Here you choose "Binance Smart Chain" and enter your adress. If you dont know your adress you can go to Metamask and see it in the top. It starts with Ox....... Just click on it and you have copy it. Then you can past it in the game.
Withdraw DEC
Go to the mainview in game and click at your amount of DEC. You will come to this (see below).
Choose Binance Smart Wallet and how much you want to withdraw.
Click Transfer Out. In some seconds you will see the balance in metamask.
GO to https://cubdefi.com/
Connect you Metamask wallet. See a button in the top.
Swap half to BUSD
To be able to farm CUB you need to put your DEC in a DEC-BUSD pool. SO....you need some BUSD.
Here comes a small problem. To make a transaction you need BNB in your wallet. But maybe you only have DEC.....Tell me in comment your BNB-adress and I send you some fractoin of a BNB so you can make your swaps. No worry.
If you dont have BNB - get some small from some kind person - then make a small swap from DEC to BNB so your wallet no longer will be empty of BNB
SWAP
Go here https://exchange.cubdefi.com/#/swap
Choose FROM Dec TO BUSD
Click Unlock wallet and confirm in metamask.
Make the swap and confirm in metamask.
Choose to swap HALF of you DEC. So you now have same amount (in dollar) in DEC and in BUSD.
Add Liquidity
Go here https://exchange.cubdefi.com/#/pool
choose DEC and BUSD
Unlock wallet and confirm in metamask
Choose MAX in DEC and the amount of BUSD will automaticly be show up.
Click Deposit and confirm in metamask.
You you are a Liquidity Provider in Cub FInance. Now lets farm some CUB
FARM CUB
Go here
https://cubdefi.com/farms
Go down at this site and you will find this
Unlock wallet - confirm with metamask
Deposit - Choose Max - Confirm with metamask
Get CUB - Sell CUB - Get DEC
Every minute you will get a small amount of CUB. You can easy see how the amount go bigger and bigger day to day. You can FARM your CUB when you want and keep it, sell it or swap it. In this exampel you want to swap it to DEC (because the keypoint was to make your DEC grow)
So after 30 days you click HARVEST and get som CUB in to your metamask wallet. You go to SWAP (now you know how to do a swap) and you can swap your CUB to DEC.
REmember that all CUB you get is only "free money". Your DEC and BUSD is still locked and you can withdraw it anytime.
Import DEC to game
Your DEC is farming CUB. You sell your CUB to DEC and get more DEC. When you want DEC to SPlinterlands again it is very easy.
Go to game and to DEC-transfer. Choose Transer IN - from Binance Chain.
Conclusion
Instead of just collect and collect DEC in game you can make your DEC working for you so you get more. CUb Finance is a service in Leo Finance and this service help you to swap, stake and farm your coins. I have used this service since beginning of april and think it is a very good way to increase my amount of DEC.
(Risk: Do your own research and beware of inpermanent loss before you go for this service)
Excellent post ! And a great way to introduce more people to the CUB farming ecosystem!
Thanks !BEER
View or trade
BEER.Hey @firinmahlazer, here is a little bit of
BEERfrom @minimining for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Is it worth it? Because it looks quite a hassle to do this.
First - When I did this for the first time the APR in DEC/BSD was about 250%. It slowly go down and that has the team been transparent with from the beginning.
Second - Yes it is a bit hassle but I like to learn new things. Thats why I did it first time.
Worth it - Well, if you are suppose to not use your DEC in 60 days or more I see it as worth it.
But of course some risks is always there.
Impermanent loss (I see this is as a low risk when DEC is at about 1 usd and busd is a dollar stablecaoin.
Cubfinance crash - hacked - and so on.
What a great writeup. I didn't farm, yet due to the gas fees but if you volunteer to fund me some gas, I'm not gonna decline that. :-p
0x167a874afcBB7B39F47d9911706E9f66df5DA30C
Now I have even more options what to do with my DEC. I already need to buy land and cards :d
Upvoted, bookmarked and have a !BEER
Now you have BNB so you can make a swap. Remeber to swap a small amount of DEC (1,5 USD is enough) first to bnb. Then you have enough for a lot of swaps in future.
View or trade
BEER.Hey @minimining, here is a little bit of
BEERfrom @handtalk5 for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.I don't really think you need to worry much about impermanent loss as much in the DEC/BUSD pool since it generally tends to be consistent about its prices.
Also they should check how much cub is available for harvest before deciding to harvest and it will heavily depend on how much they invest. Otherwise it won't even cover the transaction costs.
Posted Using LeoFinance Beta
I agree . DEC and Busd are stable
Thats why I like this pool.
Pay 2% in deposit fee feels ok. I get it back in 20 days
Yay! 🤗
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Thanks for sharing! - @ashikstd
Well, it's a nice tutorial and it'd be really helpful.
Thanks a lot, my friend.
You work for splinterlands as curator? Wow ! Nice !! You worth it. Very happy for you .
Thanks for Reading My post
You forgot to mention me... but I came by to see whether my old friend left any reply for me or not.
You can get rewarded (upvote) from splinterlands on two posts a week from the challenges.
@ashikdstd You worth it !
Happy for you !
And now you know how to farm cub- this post was original an idea from My discord chat with you
You mistyped my username, my friend... although it's nice that I still got the notification.
I understood that from right the moment when I started reading the post especially when I've seen you wrote "(This post is specially for two of my friends that play Splintrlands but not yet has started to farming and get" more money from the DEC they earn )"
@ashikstd you have the most difficullt name to spell in Hive LOL
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Thank you so much for this post! I've been pulling hair until now and lost a good piece of my wallet... But once again thx for making things clearer....btw sorry to ask but possible to get a push for BNB kinda got stuck and can't swap or send as my funds to low. Just need a pity 0.00376
0xAfE5B0813e1725389b5B3e47b44C3E201456cFEc
Any help appreciated.
Ps. See you in the Cub Mines..... Hopefully.