I understand that CUB hasn't taken a direction but why is bLEO/BNB the safest option? Is it because people will always need BNB and anyone who converts LEO to/from the chain will require this pool to gather BNB?
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I would say it's the "safest" because BNB isn't going anywhere and neither is LEO. Both of those assets have track records and history. Cub is "new" and is in the realm of defi. If something crazy or unforeseen should happen to defi or the Cub contract or any of the other risks associated with defi, it could blow up. If that happened, we'd still have our LEO and BNB along with whatever price appreciation they gained. With the Cub farms, we could potentially "lose" half of the assets. Do I think that's going to happen or that it's even likely? No, of course not. But there's no question of the four assets (including BUSD) being talked about here, Cub definitely has the highest risk involved.
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Thanks for the clarification. There is the question of impermanent loss though right? In the case that it swings heavily in one direction, your pool might not be equal on both sides and skew towards another.
The harvested CUB will probably still go into the DEN though.
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Thank you for the extra perspective. It's something to mull over.
!ENGAGE 30
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ENGAGEtokens.I would guess because BNB is required to operate on the network and bLEO is being burned. At the same time, we can pull it out and generate a return on it. We can get that in the other farms.
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Thats what I had been thinking, might need to enter this pool
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Yea I think I need to figure it out a little bit more before deciding. The good thing is I have a few weeks to get everything in order.
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If you still planning everything, why not do some paper runs and test out the returns.
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How would I attempt the paper runs? Is there a way to stimulate how things go?
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