Just A Glimpse of What 'Weak Hands' Are Missing!

almost 3 years ago

Paper Hands.png

There were people who didn't care much about Cub Finance when it was launched two months ago. I am sure many of them have sold their airdropped CUB given to Leo HODLers. The price of $CUB just after the launch reached around $12 so a lot of dumping was followed in the first week itself. Later on, the price tanked even further due to various reasons as soon as the hype started to fade away. This kind of correction is quite normal and in fact, a great opportunity for everyone else to buy some more and stack the token in their FARMs or DENs or just HODL. Right now the price is sitting at $2.244 which is a steal IMO. Go get some if you can and put them into the CUB den and make more on autopilot. 😁

High volatility is the reality of this space. You need to have a strong heart and mindset to bear all of it. If you are not someone, who can digest all of this happening almost every single day and selling your precious crypto at the first sign of trouble, then you can be called "Weak Hands" or "Paper Hands". No offense though. It's totally okay because it's definitely not easy for everyone to be this strong, mentally. Sometimes, I also feel scared when the markets are red. Thanks to the people I surround myself with - they show me a clearer picture based on logic and boost my confidence, although no one can predict the future. Shit happens!

But without taking risks, do you get anything great in life unless you are WAY TOO LUCKY? As an investor, one thing you can do is to minimize the risk factor by diversifying your investments or by acquiring knowledge that could help you to make smart decisions. But this topic is for another day!

In this post, I am going to discuss a few things which "Weak Hands" are going to miss. If you are someone with "Diamond Hands", this post will serve as a reminder of all the good things that come to those who have patience & risk-taking ability.

After the launch of the first DeFi platform created by Leo Finance Team which is based on the Binance Smart Chain, we were promised back-to-back features that got the community so excited. We saw delays and it followed by lots of WENs, uncertainty, and doubt.

Great thing is that Leo Finance team has been transparent from day 1. If there were delays, the community knew about it through series of updates done on the @leofinance blog and on Twitter. After waiting for 2 months, we can now see these rollouts happening.

1. Leo Bridge

It's one of a kind, seamless, cross-chain swap service which will allow anyone to convert their ERC-20 Assets (ETH) to BEP-20 Assets (BSC). This is as simple as that. As an end-user, you do not need to know what's going on in the backend. But if you really want to know then the below flow diagram will help you.

It was supposed to come after a week of launch but I guess the team underestimated the development timeline. After 2 months, it's a reality now and you can access the bridge at here.

Quite easy and straightforward to use. Just connect your wallet and convert your ERC-20 Tokens to BSC Tokens and vice versa.

Normal ETH gas fee applies to the ERC20 side of the swap and a 0.25% swap fee which buys/burns CUB and bLEO.
_{Source: https://bridge.cubdefi.com/#/swap}

2. CUB Kingdoms

Inspired by Yearn/Auto compounding vaults, Cub Kingdoms will allow users to truly enjoy the effects of passive income and compounding. It's a great DeFi protocol that will add so much value to the current ecosystem. Right now in Farms and Dens, we have to manually harvest or compound our CUBs. These transactions have a cost associated with them and everytime you click on "Compound" or "Harvest", a small fraction of BNB will be deducted. To reinvest, you have to do things manually.

As far as I could understand, with Kingdoms, you will be able to do it on AUTO. How does it happen?

For example, with the CUB-BTCb pool you earn CUB rewards. The vault automatically takes those CUB rewards, swaps 50% of them into BTCb, and reinvests them into your original pool position.
_{Source: https://leofinance.io/@leofinance/ui-refresh-leobridge-kingdoms-release-and-major-farms-dens-update}

Learn more about CUB Kingdoms here: https://docs.cubdefi.com/upcoming-features/cub-generations

The launch will happen this week so stay tuned!

3. Cub Finance UI 2.0

Yes, UI is going to be changed before they release the Kingdoms. There were a few tweets done by Leo Finance team with the screenshots and they are supposed to come out today. Here's a sneak peak:

I don't know about you guys, but I am a UI UX fan. If it feels and looks good, it matters to me. Leo Finance team has managed to hit the ball out of the park in those areas. This keeps getting better & better.

Just to summarize everything, this is what "Paper Hands" are going to miss and "Diamond Hands" are going to enjoy. 6 weeks of development in one week. Great job @khaleelkazi and Team! I am excited.

Which set of hands you have got? It's not too late to get those diamond hands shining. Obviously, these updates will not make CUB moon just after the launch, but this will get a lot of people interested in the near future. You never know, it's crypto, right?

So, you might as well hop on this train before it stops going through your station. 😂 Yes, I am trying to FOMO you guys! Let me know your thoughts below.

If you liked this post, please upvote & reblog with others who can utilize this information. Your support is highly appreciated. See you in the next one!

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_{No financial advice. For infotainment purposes only.}