This is something to think about... now that the crazy DEFI bubble has burst, and the 100% yields are over, what is the 'underlying' status value of BTC...?
To be fair, you can still get 10% on your BTC at CubFinance lol:
As shit as the price dump for long term HODLers has been, Cub still offers one of the best ways to earn yield on Bitcoin.
Posted Using LeoFinance Beta
How do I know Cubfinance is not Celsius 2.0. Where are those yield coming from? sus
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I'm certainly not saying that CUB's model is sustainable as is (just look at price...), but to compare it to Celsius is unfair.
They each run completely different business models and as such have unique sustainability issues.
If you're genuinely interested in where the yields come from, I'd encourage you to dig a bit deeper.
There is a pathway to sustainability for both if things are done right.
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I am in that Kingdom in fact, it's a good place to be.
I imagine Cub will pick up again at some point - when the Leo folks get bored of waiting for PolyCub to do something!
Instead of betting against us morons, why wouldn't you just short BTC on leverage?
You'll make a shitload more money and won't have to hold 500 HIVE all the way down to pennies.
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Well that's just sad...
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