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RE: Why I Put $60K On Cub Finance

in #cubfinance4 years ago

I made 120% in 12 hours but that was off my original $5,600 and then I pumped more money in. Price has ticked down a little but I'm almost to a point where I cover the 4% fees to be in the single pools I joined. It compounds fast when you have a good chunk in. The rates are going to go down some but from this point forward if things go as expected I might be able to double from here over the next 25 days if prices stayed the same but also I'm able to get the capital appreciation of ETH and CAKE so that could change things as well if all boats are rising.
The first movers advantage was really good on day 1.
As the weeks go on the inflation is reduced. Week 1 is 3 CUB / block... week 2 is 2 CUB / block and week 3 is 1 CUB / block.
We will see how it goes but so far it has been really fun!

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That's fantastic, glad to hear you are making some dough!

Yeah these DeFi exchange pools can be pretty addictive. It would be like if STEEM shot up to $8 and SBD was $16 again.... the money just flys around like crazy

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