RE: RE: Opinion: CUB needs to Cannibalize BUSD LP into BNB ASAP
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RE: Opinion: CUB needs to Cannibalize BUSD LP into BNB ASAP

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5y

Sure I hear you but BNB being the gas of the entire market is a huge deal.
If the network runs out of gas we are dead in the water.
I think this change stands to bring value to everyone.

seems like a kneejerk reaction to a couple green candles.

I could care less about a 12.5% gain. What's going to happen is 300% gains on BNB and everyone is going to be mad that they were so heavily incentivized to be in another pool. Everyone makes more money if we incentivize BNB more heavily during a period like this. In Q4 I'd make the exact opposite argument and say we need to pump it all back to BUSD to hedge against an impending crash.

I don't see why you would need to take from the people who don't want that risk

I'm likely not taking anything from anyone. Perhaps I can make the same argument that you're having a knee-jerk reaction to this suggestion because your main bag is in the BUSD farm. Regardless of that speculation, as I've stated in the OP, there is a TON of money in the BUSD pool that wants to move over but they can't due to the APR difference. Again, even if the BUSD pool has a lower x-factor, if people leave the pool (like me) there will be less competition and the APR won't get reduced much if at all.

And should the core price of CUB increase due to this change, which I think it would, that's just free money for everyone, most of all the CUB den.

@edicted: Sure I hear you | Ecency