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RE: Huge Changes Coming to CUB

in LeoFinance4 years ago

In the post it says:

24 hour grace period on deposit fees - this means that you will be able to withdraw LP tokens from 1 Farm or Den and move it to any other Farm or Den with no deposit fees.

So I was wondering if it somehow only applies to funds withdrawn from a farm or den and new funds being added still have a deposit fee, but I don't see how that could possibly work so I'm guessing it's just that all deposits have 0 fees for that 24 hours period. If that's the case then I will definitely be taking advantage of that opportunity to deposit some more funds!

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Every deposit you make during that 24 hour grace window will have zero fees. You can move your funds around...switch from farms to dens all day long without paying fees. Just a clarification.

I am expecting a big pump to TVL too because of that window....we shall see

Posted Using LeoFinance Beta

^ yep

All pools and funds can take advantage of the grace period. Just the easiest way to do this and try to make sure that people don't feel "left holding the deposit fee bag"

Posted Using LeoFinance

Agree, I think so too TVL will incrase.

Posted Using LeoFinance Beta

deposits have 0 fees for that 24 hours period. If that's the case then I will definitely be taking advantage of that opportunity to deposit more funds!

Yep that really surprised me. I'm doing the same as well. Really cool opportunity i guess.

add more funds. Hmmmm :)

I do maybe the same :D

Posted Using LeoFinance Beta

Yes I think the mechanics of charging some accounts deposits and not others doesn't exist yet.