Shortsegment Projects

• I have two projects on Leofinance which report out each Sunday.
• The projects are my contribution to Leofinance. @khaleelkazi often says that the developers of Hive built a great blockchains, and now it’s the job of the community members to build things on it to make the community grow. So he built Leofinance, Cubfinance, LeoDex, Hivestats and others.
• So I built these projects on Hive and Cubfinance:
• No Loss Lottery @nolosslottery
• Easy DeFi @easydefi
• title picture source

No Loss Lottery

• The No Loss Lottery is a Prize Linked Savings Account with each Leo deposited being invested in Cubfinance Yield Farms
• So far this pooled investment pool contains 2239 Leo from investors and 1000 Leo from anon-investor to boost the weekly earnings.
• The weekly earnings in Cub are converted to BLEO and then Leo.
• A random number generator is used to pick three numbers and award investors.
• This week there were 120 Leo in prizes awarded.
• ‘The winners receive their winnings by wallet transfers from @nolosslottery wallet to theirs.
• A report is published each Sunday with the pictures of the numbers generated and the ledger with the ticket numbers.
• Read more Here

Easy DeFi

• Easydefi is a yield farm investment pool on Cubfinance.
• ‘It allows Hive and Leofinance community members to invest in yield farming just by sending Leo or Hive to @easydefi
• The project takes care of all the logistics of the investment and sends the earnings to each investor via wallet transfer each Sunday.
• ‘It makes investing in DeFi incredibly easy.
• ‘This investment pool was to be capped at 5000 Leo, but it has been so popular that I lifted the cap. It will soon reach 10,000 Leo invested.
• These projects allow everyone in the community to benefit from the high APRs paid by decentralized projects on Hive regardless of knowledge level.
• Learn more about it Here

Project Changers

.

• The No Loss Lottery, which is a Prize Linked Savings Account, with weekly cash prizes and no loss of savings deposited, will accept Hive in place of Leo for Hive Community Members.
• One Hive will buy Two Leo tokens to be held in a savings account and represent two numbers in the random number drawing.
• Hive depositors will be eligible for Leo prizes every Sunday.
• All winners will have to withdrawal the Leo from their Leo wallet.
• Learn more Here

New Project: Super-Savers Savings Account

• This project will provide a projected 50% APR per year investing the Savings Accounts Funds in Cubfinance.
• This is much greater then the average bank savings account annual percentage of return of 0.25%.
• ‘These accounts are not FDIC insured.
• ‘There is a risk of total loss of your investment if the Leofinance project Cubfinance gets hacked.
• But if you are willing to take that risk you can earn interest on your savings much greater then the average bank savings annual percentage of return of 0.25%.
• Your weekly interest payments are sent to your wallet.
• The minimum deposit is 100 Leo or 50 Hive.
• ‘This project is scheduled to begin in September, 2021.

Hive, Leofinance and Cubfinance are …

…fantastic tools, upon which Hive community members can build more projects.

The End………..for now.

@shortsegments

About @shortsegments

Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance. He has been a community member for more then three years.

He is also a builder, with two current projects:

The first is the No Loss lottery, a prize linked savings account here on Hive, which awards more the 100 Leo in prizes weekly, and which recent surpassed 1000 tickets sold. @nolosslottery

His second project is Easy DeFi, which creates a community investment pool allowing community members not yet confident enough to invest on their own, a chance to easily invest in yield-farming and staking on Cubfinance. @easydefi

Yield Farming
Cubfinance is the Hive communities home grown Yield Farm and is audited by CertiK, a third party which certifies DeFi projects on Ethereum, Binance and polygon ecosystems.

Read more of shortsegments articles here: @shortsegments

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