My cub farming operation got a minor boost after I added another 166 LP tokens to my collection. After this addition, I now have a little bit more than 2344 lp tokens in the Cub/BUSD farm on Cubfinance.
This move represents another upgrade of my farming activities on Binance Smart Chain. It is hard to use Cubfinance without remembering what was stolen from me but alas, here we are.
I've already surpassed my previous farming operation and I'm even going harder than ever before. I really hate losing, so all that sadevent did was reinvigorate me to ape even more.
Anyway, as we draw closer to the Polycub airdrop, I feel like this is the best move for me. Pooling in both the Cub/BUSD and Cub/BNB pool will contribute favourably to the number of Polycub tokens I will receive when it starts.
Manually compounding
My farming operation has grown through a simple process of compounding tokens. It is really not complicated but if you're interested, here's a step by step explanation;
- Buy Cub and BUSD
- Add to the LP
- Farm 200 cub and hold
- Farm another 200 cub and then sell for BUSD
- Add to the LP again
- Rinse and repeat till infinity.
For now, I'm compounding 200 at a time but as I repeat this process, my farming operation will continue to grow and eventually, I'll be doing it 300 at a time till infinity.
I intend to continue this process until the foreseeable future. However, if there is ever a need to sell cub to sort out financial issues in life, I will sell.
Betting on the future
There's no other way to say it; the price of Cub is shyte right now but as I mentioned in my previous publication, that's not a bad thing. It is an opportunity to get involved at a discount.
If you've been around since the inception of Cub, you'll know that it is a long way from where it could be. The token was trading upwards of $10 in the early stages, so where we are now is a far cry from its potential.
Even before the market went down the toilet, the price of cub had already been hit hard. There was a lot of dumping and a lack of incentive to hold.
The problems are slowly being resolved and the project itself is evolving every day. As new features continue to roll out, invariably creating more streams of income for users, it will be reflected in the valuation of the token.
I've said it thousand times before, and I'll say it again. This is a marathon and not a sprint. I have a lot of faith in this project, so I decide to hodl and reinvest any earnings.
I think this project has the capacity to produce long term benefits for investors. Sometimes, you just have to take a few steps back to propel forward, kind of like a catapult.
I can't give definite answers to when it will happen and I don't even have skills in technical analysis to assure anyone looking from the outside. However, there's this proverb that goes "He who down fears no fall".
When you're at the bottom, the only way is up. With an awesome community backing the Cubfinance project and a proficient team behind the scenes, I feel confident in the future success of this project.
Don't just take my word for it though. Always do your own research.
Contact & Support
- Discord: belemo#9593
- Twitter: https://twitter.com/belemo__
- Hive.vote page