As usual, I am making my monthly add to Cub Finance so I can increase my sources of passive income. It's late in the month so I plan on doing it today before I forget. LeoFinance has released it's whitebook version 1.0 and I haven't looked too much into it yet though. However it does mention a few things about CUB but not much is released on when things like PolyCUB will come out.
CubDefi
There is no update to the roadmap documentation page. I am kind of disappointed that there is no news or updates on this end. As the Documentation page has yet to be updated, I don't know how far things will be pushed back. As PolyCUB and IDO #2 have yet to be released and we are already in Q1 2022, I think we may have to wait till the end of Q1 2022 for all of this to come out. You can read more into my thoughts on the rest of the items in last month's monthly buy.
My monthly add
I sent 221 LEO tokens over to my metamask wallet using the documentation instructions. From this swap over, I got 220 bLEO tokens. The CUB snapshot is taking forever to show up so I choose to invest in the bLEO/BNB pool this time around and also stock up on some BNB for further transactions. I converted 120 bLEO tokens into BNB and kept the 20 bLEO's worth of BNB.
It looks like Pancake forgot the LEO address again. I found it in my October's monthly buy so it didn't very long to complete all the transactions.
After I added it to my farm, my current position in the bLEO/BNB farm is below. I think this farm is very important as it's one of the things that will help the LEO Bridge have utility in the future. So if someone wanted to transfer assets from BSC over to ETH or Polygon, the added liquidity will allow them to transfer more with less slippage.
My Cub Finance holdings
Above is my holdings as of last month and below is my current holdings using mycubholdings. The values have definitely changed quite a bit.
Everything has definitely taken a hit but it looks like the ratio between bLEO and BNB did not drop that much. CUB did not do so well as a lot of my BUSD was converted into CUB and the same could be said of my DEC. As I invested 50k DEC at that point in time, I think it's already quite a bit in DEC profit despite the balancing effects.
Between last month and this month, I was able to harvest 122 CUB. The market got smashed down so my fiat value of my farm has taken another hit. As I did this add so late in the month, I had more than a month's worth of CUB sitting around. Either way, my position is increasing for the future PolyCUB airdrop. We can't do anything about the delays though.
Please make sure to invest only what you can afford to lose and nothing I said is financial advice. Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.