Sustaining My Cake Value With Cubdefi Cake Kingdom Vault

Words
489
Reading
3 min
Listen
Play
5y

Many of you may not know that there are other ways of earning passively with Cubdefi, in as much as polycub has been the center of attention this past weeks let’s take a moment and focus on some of the best qualities of Cubfinance. If you are looking for more ways to earn more cake tokens, then cubfinance is your guy.

22D0AAA4-4E6A-45F4-80F9-31EDE62F6ACE.jpeg

I have blogged countless times how I love the CAKE token but for a long time now the token has been declining. In crypto, things like this are bound to happen. But the CAKE token is one of my best tokens to hold in my portfolio, this is because of its defi function. You can stake CAKE tokens on Pancakeswap and earn yields, you can also stake other tokens on Pancakeswap and earn cake yields as well.

So I bought Cake token second quarter of 2021 after realizing the power of defi and how defi is the future of finance. I went in when CAKE was just above $20, I bought the Cake token and staked in on Pancakeswap. After reading numerous blogs on Leofinance I found out about cubfinance because I was still new to the blockchain. But the Cake kingdom wasn’t available at that time, the moment it became available, I withdrew my CAKE from Pancake swap and staked it cubfinance.

So staking Cake gives you a 69.8% APY which is really cool because it autocompounds your CAKE stake and also gives you cub rewards. You don’t only get Cake tokens you get cub tokens as rewards which you can stake and still earn polycub airdrop. Really? What more can you ask for on a project? The value of the cub token is always what people are always emphasizing when talking about the cub token. But cmon, look at the utility and the use case, to appreciate the value you have to think long term.

E089C101-9744-4111-8BA6-7CE0AC08C06B.jpeg

I can’t remember how much I invested in CAKE but I know the total quantity of CAKE is staked should be close to 15. I didn’t buy all these tokens at once, I bought them with dollar cost averaging, but I stopped buying when the value of CAKE dropped to $11. But while the value of CAKE has been dropping they have not been a major drop in the value of my CAKE investment because I am earning CAKE tokens everyday coupled with the fact that I also earn Cub token. Few weeks ago I withdrew some CAKE tokens off my Cake stake and just a matter of time it replenished itself.

Polycub Is More
Imagine what I have been enjoying with cubfinance which has been helping me sustain the value of my CAKE stake before the Cake pump happens. While this is good news, polycub is more with the bonding and collateralized lending features coming soon, you will appreciate how much the Leofinance team is working so hard.

Sustaining My Cake Value With Cubdefi Cake Kingdom Vault | Ecency