Making DeFi as easy as buying groceries鈥oin the pool.
Easy DeFi Pool Update #2 on 7/27/2021
Total Leo in Pool: 2000
Four days ago I launched this Yield Farming Pool on Cubfinance and the total investment thus far is 2000 Leo!
This was 1500 Leo and 450 Hive, which was converted to 500 Leo.
Name: EASYDEFI
A DeFi pool on Hive for the DeFi beginner.
This is a new project I am launching here on Hive, which allows you to participate in a high yield, yield farming project created by developers on Hive .
The yield pool is called Cubfinance, and it is 5 months old and has 4.6 million plus USD in the pools and farms. You can send Leo or Hive to join the pool use your Hive and earn some of the high yields you hear about in yield farming.
To enroll in this pooled investment:
You send 250 Leo to 
Current yield farm the pool funds are earning rewards from. Cub-BUSD
What does APR of 158.77% really mean?
If you look at the chart, which the computer code calculates everyday, you see two numbers 30 day ROI of 13.91 percent and 30d earnings of 213.24 Cub per 1000$
So for pool members, who invested 250 Leo or approximately 100$ USD. You earn one tenth of the estimated monthly yield for $1000, so 213.4/10 = 21.3 Cub in monthly earnings. And because at current prices 21.3 Cub is about $13.91, your monthly rate of return on a $100 investment is 13.91/100 or a 13.91% return on your investment, each month.
You of course multiply that by 12 to get an estimate of your yearly ROI and yearly earnings, but as you can see 12 months times $13.91 is approximately $150 per year for a $100 dollar investment. This is why some much money is flowing into DeFI, despite the clear risks of total loss of your capitol, the returns are very impressive.
Below is what I do, so you don鈥檛 have to, to participate in Yield Farm Pool Participation Steps. You don鈥檛 need to read it. Unless you want to learn.
+Create Metamask Wallet Easy DeFi
+Create Binance Smart Chain instance in a Metamask wallet.
+Transfer Leo from the 
+Using metamask internal browser, Navigate to www.cubdefi.io
+Connect
+Select Trade, then Select Swap
+Swap 1/2 or 875 BLEO for Cub about 286
+Swap 1/2 or 875 BLEO for about 247 BUSD
+Now we provide Liquidity to the Cub-BUSD trading pair, and become a Liquidity Provider.
+Deposit these two dollar equivalent amounts of a. 875 BLEO worth of Cub and b. 875 BLEO worth of BUSD, are into the trading pair Cub-BUSD trading pair.
+The above deposit earns 220 Liquidity Provider Tokens.
+Now we want to use these Liquidity Provider Tokens to become a Yield Farmer
+We go to Farms, choose Cub-BUSD Farm
+We deposit our Liquidity Provider tokens we were awarded for depositing Cub and BUSD in the Cub-BUSD trading pair.
- We have over 220 LP Tokens for Cub-Busd Pair, we are now yield farming on Cubfinance using our pooled funds.
As you can see we are already earning tokens a few minutes after our deposit. 馃檮鈽濓笍The total Liquidity in the Farm 1,370,784.00 US Dollars worth of BUSD and Cub.
Cub-BUSD Farm numbers
What does APR of 158.77% really mean?
If you look at the chart, which the computer code calculates everyday, you see two numbers 30 day ROI of 13.91 percent and 30d 213.24 Cub per 1000$
So for pool members, who invested 250 Leo or more then 100$ USD,
You earn one tenth of this estimate or 21.3 Cub per month, about 14$ or a 13.91% return on your investment, each month.
Per. 30 days
As you can see that鈥檚 6.67 Cub per 1000$ invested, so each member of our pool has about $100 invested, so 0.67 Cub per day, about 4.69 Cub per week, or 18 Cub per month, which is a 13% return per month on the investment.
So for the Pool Investors the adventure into DeFi Yield Farming has begun!
@shortsegmentsShortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance
Easydefi yield farming pool update #2