Before the launch of CUB Finance, I had never gotten involved with yield farming. The closest I'd gotten was staking proof-of-stake coins. When I saw the first announcement about the CUB airdrop I started looking into yield farms, so I would understand what was going on and I wanted to give CUB a try. Well I bought in day 1 of CUB Finance and it started me down a weird past these past 6ish week.
One thing I quickly learned about yield farming and especially on Binance Smart Chain (BSC) is that there are about 500 different sites, and not much distinction between them. You have your top 10ish platforms and then 490 platforms that try and copy them. The other thing I learned, was a newly launched token has the ability to go 1000x in the first week. This of course is followed by a 1000x drop.
After about 2 weeks of CUB, the APR's began to drop and I turned into a high APY chaser (even though I knew I shouldn't). I decided to leave all my CUB in the DEN and venture out.
I searched for platforms that had just launched, which were offering insane APY's. I apped in with stablecoin LP's and after several days would cash out and move to the next one. I fortunately didn't experience any rugpulls, but I definitely came across some sites that were obviously scams.
HIDDEN GEM
In this adventure, I came across a platform that I was skeptical of but it was based on one of my favorite shows growing up. The site is DragonballFinance.org and it's concept is similar to CUB Finance.
Currently there are basic features like traditional farming of LP's and staking assets, they even implemented layered farming. I got ahold of the founder and had a long conversation with him and I became a believer. The current features are bleh, but the upcoming features are what intrigued me.
Current Features
- Yield Farming
- Layered Farming
- 2 Tokens: DBALL & SENZU
- Super Saiyan Pool
Coming Soon
- Dragonball Finance AMM
- AUTO-compounding vaults
- IFO launch platform
- NFT's and NFT Marketplace
- Casino gaming
- Lottery
I've been following the project closely and I'm pretty confident in the DEV team. The admins are pretty active in the TG group and their Twitter has a lot of action. I think right now, it's a low MC GEM that will prove itself. Of course, it has to withstand the test of time. The price is low, so I was willing to take the gamble.
I know of course, that this is risky and all these features may never be implemented. This is not financial advice and you should do your own research. I just wanted to share something I found that I believe had a lot of potential.
Posted Using LeoFinance Beta
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