Hello lovely people Hive community. Hopefully you will be enjoying your life with good health. Friends, I managed to collect 10,000 Cub coins. It was earlier staked on Cub kingdom. I withdrew these Cub and shifted my Cub to new Cub Kingdom.
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So far, the experience is good. Staking give me opprtunity to earn 31.7% APY on investment. Reasonable number considering the dip in crypto market.
I managed to earn almost 8 Cub daily on my Cub kingdom staking. 8 Cub worth is around $0.17. Not a big amount but still happy to collect 8 Cub one daily basis. I collect Cub as I believe in Cub.
Remember Cub is almost more than 99% down from its all time high worth of $4.73. It is important to understand the reason behind dip in Cub worth. Cub observed massive dip due to more token inflow in market, high interest rate, soaring inflation etc. However, introduction of buying back, burning and launch of V2 vault proved game changer for Cub. So, far more than 1.75 million Cub have been burned. Majority of the Cub burning encountered after the launching of V2 Vault.
The way the burning number is increasing one can expect Cub a deflationary token. Deflationary token will give huge pump to Cub worth. Cub has great future. Good time to accumulate as many Cub as you can and one of the easiest way of accumulating more Cub is to invest in Farming pair.
Currently Cub stable coin pair BUSD and BHBD is offering more than 23.58% APR. Handsome investment considering the dip in crypto market. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.