Testing the Defi space with cubfinance
After been an onlooker in the defi space due to lack of understanding and somewhat funds, I stayed away from the scene and just watched.
Last week I encountered an old friend while heading back from work and he opened my eyes to lot of things and how defi work.
After that encounter, I decided to test the waters with the most talked about defi here on hive- cubfinance.
The process was quite easy and straightforward with the use of @bscbridge and the trustwallet app.
Steps involved
1 Convert hive to bsc using @bscbridge. Then received it on my trust wallet
2 Go to dapp and search cubfinance and connect trustwallet
3 Go to trade, then exchange to swap bsc to cub under
4 Go to den, approve contract then deposit cub and stake
5 Stake cub
I was able to acquire and stake about 5+ cub to see how things work. Will be staking and compounding more to increase my holding as time goes on.
Exciting for cub, @leofinance and what the hive Blockchain could develop in the coming weeks, months and years
Posted Using LeoFinance Beta
I have been hearing a lot about cub is it actually worth getting involved and could you please explain why there is so much hype around cub sorry relatively new to crypto and eager to learn thanks
It's a project created by leofinance. It offers a great experience into the defi space
Posted Using LeoFinance Beta
I want to get involved as well but i am trying to build some stake first before i deposit any into the farm.
Let's see if i will be able to do some in coming months.
Great details and description by the way.
Thanks. Do well to hop in on the train asap no matter how small, so as not to miss the ride completely
That's a good advise actually. jump early does it does and not matter what size you are investing.
Exactly. It's all about just starting