@leofinance/introducing-cub-finance-or-leofinance-expands-into-defi-on-the-binance-smart-chain
It's here! LEO DEFi (Decentralized finance) is here! Want to act like your own bank without absolutely abysmal interest returns?
LEOfi!
Want to control your finances without a bank telling you when you can have your funds?
LEOfi!
Why should the banks be scared? CUB-TOKEN from.. LEOFi!
This isn't the old steem day's when we had two faced money grabbers who are circle jerking themselves to freedom before dumping to the Chinese Communist Party! This is great news and I'm very grateful I grabbed a bunch of LEO to power up!
Use the connect button and you we see a all the wallets you can receive your freedom with. Of course we cannot dodge capital gains; but we can at least retain some of our assets and decision making ability!
Leofi has set up a nice UI and the number of swappable coins and tokens is awesome. How can this NOT be bullish for the LEO price / CUB-token!
Don't want to swap? You just want interest with that deposit? CUB has got you covered! There's a chance to beat that crappy interest at the 'bank' and even get better dividends then some blue chip stonks! 4% is still pretty sweet! Here in old Canada it's about 0.05% in a Money Market blah blah blah.
"Stake LP tokens to earn CUB"
And this was interesting:
The Dens area is to actually earn the native CUB token! Sounds to be better than.. hrmm Farmer for.. gov ;)
"https://cubdefi.com - or Cub Finance - is a next generation DeFi yield farming platform. We adapted the smart contracts and base layer application of many yield apps on the Binance Smart Chain to create our UI, the CUB token and "Dens" which allow you to deposit and earn yield".
Burning LEO
Cub Finance generates revenue via vault burns. Most BSC yield projects take a cut for the dev team from every token burn.
- LeoFinance is burning 100% of vault revenue.
- 80% of all vault revenue buys & burns CUB
- 20% of all vault revenue buys & burns LEO
BEP20 LEO (or bLEO) is a wrapped token on the Binance Smart Chain. You can now wrap and unwrap LEO into bLEO via https://wleo.io/bsc.
"Want to wrap, pool and deposit $50 worth of bLEO? Expect to pay less than $1 in fees to do all of it."
There's just so much to go through with this announcement, but what the best takeaway should be is that the web 3.0 is connecting in way's the internet connected. We are just getting started and I'm very excited to see even MORE announcements from LEO. What an honor it is to start at the beginning and to end up here on this journey.
Now for us LEO bag hodler's "Wen Airdrop"
"With over 8,000 recipients and the first ever cross-blockchain hybrid claimdrop, it's going to take some time for the drops to roll out and process. Please wait up to 24 hours after this post to receive the CUB in your Hive wallet and then follow the instructions to wrap HE CUB into BEP20 CUB".