It's been 5 weeks since since CUB DeFi launched and some of us, quite a few actually are participating twice in it. Once as individuals, investing our savings the best way we can and once again throughout LBI, thanks to 
I've been waiting for a report to see how our funds are doing and the report came yesterday, abundant in details.
This is out wallet reflecting what we hold the time of writing (LBI post writing, not mine) in CUB DeFi.
LBI had the advantage of investing the day CUB DeFi was launched and benefited from those crazy APRs. Holding a lot of LEO also benefited us as we got a considerable airdrop, 1090 CUB to be precise. The best thing about it is that all the earnings are reinvested to earn more. The more time passes, the more we earn obviously, this is a no brainer.
Our wallet is looking good already and what is even better, we got a detailed report with not only how things stand, but with an explanation about how
I can't stop thinking of how this opportunity can be compared to what we get using a bank.
When LBI started, SSUK presented how things would work in a post and launched the project. He's been known for running the SPI which is based on HIVE, so quite many knew the success of the project. Those who didn't know him or the SPI project, had the possibility to check the results and decide whether they'd like to invest or not.
The initial plan was authored by SSUK but if you have been following the account, you know we have a voting system and most of the decisions are made by shareholders. Not long ago we were asked to bring investment projects to the community's attention to diversify our investment portfolio. What I'm trying to say here is that the investors have a say in what is done and how.
Look at what banks do these days. Their offers are available on their website, it's pretty much the same for everyone, unless you're a billionaire to be able to negotiate with them. You can have a face-to-face with them, trying to suggest investment opportunities as they are not open to any suggestions. Take it or leave it, that's pretty much how they operate. Lately with the negative interest rates it looks more like you're paying them to thrive, while you're losing.
We have to mention future airdrops as well, which you don't get when using banks' services. We already got the CUB airdrop and another one is announced. Project Blank is delayed but it's going to come with an airdrop that will benefit us again. The airdrop can be put to good use, to generate more revenue.
DeFi mainly became popular due to the fact that it offers you control over your assets. Its aim is to create a financial system that is available to everyone and anyone can use, while at the same time mostly excluding central authority out of it. Blockchain allows everyone to verify and check a transaction that occurs, therefore eliminating the need for 3rd parties. source
As I said in the title of my post, we're the bankers now, which is good as we're no longer depending on giants that can do whatever they want with our account and funds. However, everything comes at a cost.
Being your ow banker is not without risk. You make the decisions and you suffer the consequences as well. You can only blame yourself for failing, you can't blame banks anymore. Thus, understanding how things work is crucial.
LeoFinance gives you plenty of opportunities to learn and practice as well. Having a community where you can share your experience and read about other users' experience it a huge advantage.
Waiting for wealth to come to you while doing nothing is the fastest road to nowhere. Learning, being active and working for your future on the other hand pays off. Just my two cents.