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RE: What's Anchoring CUB Down? + Earnings Report!

in LeoFinance4 years ago

I understand, man. Thoughts of pulling out and dumping it all into PancakeSwap's recently launched auto-compounding CAKE vault have crossed my mind recently, but the hopium gas is what's keeping my fingers off the sell button. My earnings thus far outpace the decline in price, so that's good. But if CUB reaches $1.5 or below, then I'm pulling myself out of the game.

Regarding the bridge, the benefit it posits to the table is an alternative to Binance's centralized ERC20-BEP20 bridge, which is, to my knowledge, closed off to the entirety of the U.S. users database. LeoBridge provides a solution to this by being a permissionless, anonymous and decentralized in nature. The ETH fee is just to get the funds from MetaMask, or whatever wallet you use, to the bridge bots to handle the bridging. It's just like how they tax you a fee when you buy an asset to convert to another on BSC, like buying CUB with BUSD.

Posted Using LeoFinance Beta