Let's talk about Kindgoms!
What exactly are kingdoms in CubFinance?
First off, you can find the Kingdoms tab here. They're not ready yet, but they will be worked on after the bridge is live (later this month)
So what are Kingdoms?
Essentially Kingdoms are auto compounding vaults. What does this mean?
It simply means that the vaults can be set to re-invest your capital + profits at any given time. Say you invest $10,000 and want to compound every day. And assume you earn $100 everyday on the pool. On the first day, the auto-compounder will reinvest $10,000 capital + $100 interest. The next day, it will do $10,000 capital + $200 interest and so on. This allows you to earn way more money than you originally would if you were just plain farming without ever compounding.
This feature will be a game changer in my opinion, because auto-compounding on a DEX platform has literally never been seen before. Most newer DEX platforms (like Pancakeswap) have compounding, but it certainly isn't automatic, and you have to remember to do it every time. By bringing such a feature to the CubFinance DEX platform, the CubFinance team would basically be allowing users to farm and compound their gains, leading to some massive profits as they continue to make use of the platform.
i can only imagine CUB going parabolic when this is released.
Its release date hasn't yet been fixed, but it is certain that after the bridge releases this month, development of the kingdoms will begin. For all we know, development may have begun already! Let's just wait and see.
This feature is very rare on many platforms simply because it's super hard to pull off. It requires extremely complex code to run because of all the complexities in the working of such a system. But the CubFinance team are capable of doing it!
What do you think of Kingdoms? Are they something you'd use? Let's chat down in the comments!
