RE: For Everyone Who Doesn't Understand CubDefi

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gillianpearce (67)in LeoFinance • 4 years ago

Great explanation. Even after reading tons of posts and staking my CUB in the DEN I didn't realise that

The leo team has built a DeFi Platform on the BSC network

I thought it was built on Hive. 😂

4 years ago in LeoFinance by gillianpearce (67)

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metzli (67) 4 years ago

It is a lot of information right?

Especially because I thought that we could build DeFi on HIVE, so why did we go to BSC?

Because bridges....

That's why they are going to build a bridge from ETH to BSC next.

I edited my answer since you read it. It explains where the APR is coming from.

gillianpearce (67) 4 years ago

I edited my answer since you read it. It explains where the APR is coming from.

Will have a reread as I was just wondering that myself. 😁

metzli (67) 4 years ago

The new minted coins are split between the investors.

Also, for the farms, anyone who trades, pays tiny fees to be able to trade. Those fees are p[aid to the liquidity providers.