I published a post about my first-time investment with Kingdom on cubdefi last week. Its been a week time for me to join kingdom and now I am checking how it has been going so far. Earlier I was part of CUB+BUSD farming along with Dens but with the launch of Kingdom, I made the changes to my portfolio.
I moved my investment from pool farming to kingdom since it offers dual APR that includes in form of CAKE and CUB. Its always great to get double benefits and that's why I made this move however I will keep a tab on it to see how it performs.
Right now when I am drafting this post, its showing the APR farm and CUB as per below, and in total its almost 127% which I think is pretty good. Its never too sure that how it will perform in the future because there is always a probability of fluctuation depending upon TVL.
Farm APY: 112.81%
CUB APR: 14.53%
My investment with Dens remains the same and I did not change anything here. Even I continue to re-invest what I earn through though this. I do re-invest and harvest the reward once in a week. Every time I harvest then there is a fee applicable which is between 1-2$ so I prefer to harvest bigger amount so that I don't pay more.
CUB's price was dropped to $.53 but now there is a good increase after the bitcoin price recovery and its trading at the price of $0.75 with a 33% increase. I am worried about its price because I expect it to perform nicely in long run and I have no plan to see anything as of now.
This is my first ever DeFi invest and I will give it enough time to get better returns accumulated. I believe that there is no investment if we don't have a long-term mindset because the short term is always high risky. I don't know if I will be able to invest more but I will continue to re-invest and this way I try to increase my holding with the Cub Defi investment platform. I believe in CUB and Cake both coins and I expect that CUB will reach 10$ and its just a matter of time. I am not in hurry so sooner or later it will happen and I will get better returns with this. With Cake also I expect that it will reach 50-60$ value.
Thank you.