I'm thrilled that I found and joined Leo Finance when I did about two months ago. Leo Finance (built on the HIVE network) to me is a group of very knowledgeable, dedicated, and active individuals discussing and implementing everything business, cryptocurrencies, and much more. There is always an interesting conversation to follow (or better yet, join in) on Leo Market Talk which boasts it's available 24 hours a day, seven days a week, and 365 days a year.
Yet, Leo Finance has proven to be so much more. Exciting times are ahead for this Hive Community.
Cub Finance was one of the first Decentralized Finance products developed and launched by Leo Finance. Cub Finance is a yield farming platform that is innovative and gaining momentum in the cryptocurrency realm.
In addition to a full AMM Exchange linked to the Binance Smart Chain, Cub Finance currently offers:
1.) Dens - four high yielding single cryptocurrency investment opportunities (CUB, BTCB, ETH, and DOT). There are no transaction fees charged for the deposit of Cub tokens in the Cub Den. At the time of this writing, yields range from 119.46% to 23.12%;
2.) Farms - eight high yielding liquidity pools (CUB/BUSD, CUB/BNB, bLEO/BNB, USDT/BUSD, BTCB/BNB, ETH/BNB, DAI/BUSD, and DEC/BUSD. There are no fees charged for staking in the CUB/BUSD and CUB/BNB Pools. At the time of this writing yields range from 291.92% to 73.46%; and,
3.) Coming soon Kingdoms - auto-compounding investment vehicles.
Any deposit fees charged by Cub Finance are used to repurchase CUB and bLEO tokens.
The Leo Bridge is an important and game-changing development for Leo Finance. The innovative Leo Bridge, when complete (which by my understanding is imminent), will permit any investor to move cryptocurrencies back and forth between the Binance Smart Chain and the Ethereum Mainframe. This Bridge fills a gap desperately needed in the cryptocurrency world by providing a service permitting cross-chain transfers of cryptocurrency assets. This cross-chain service should serve to attract new investors to Cub Finance as well as provide Leo Finance with a substantial income stream all adding great value to Leo Finance.
Just yesterday, some very exciting and interesting news was released to the Leo Finance Community. CUBLIFE is the newest addition to the Leo Finance 'pride'.
CUBLIFE is a collective that anyone can join which provides an actively managed Cub Finance portfolio of investments paying weekly dividends to CL holders in the form of LEO tokens (which may be reinvested or sold). By investing either HIVE or LEO tokens in CUBLIFE tokens, the holder receives the weekly dividend of LEO tokens based on Cub Finance APYs. Tokens are issued through monthly group buys and each CL token issued is backed by the CUBLIFE BSC wallet ensuring value. A proof of holding model is utilized for the payment of dividends.
Certain important dates for CUBLIFE are:
PRE-SALE - effective immediately through May 20, 2021 at 20:59 UTC. The presale and launch price of the CL token is set at $1.00. Investment in the pre-sale may be made by sending any sum of either HIVE or LEO tokens to @cublife and multiple deposits are permitted.
LBI HOLDER SNAPSHOT - May 7, 2021 at 21:00 UTC. A snapshot of all LBI (Leo-Based Investments) holders of 10 or more tokens will be taken for the purpose of distributing a 2-3% airdrop to said holders (in the form of the new CL token).
CUBLIFE AIRDROP - May, 14, 2021 at 21:00 UTC. Holders of 10 or more LBI tokens at the time of the snapshot will receive their airdrop tokens.
FIRST DIVIDENDS AND TOKEN LAUNCH - May 21, 2021 at 21:00 UTC. LBI holders who received the airdrop will be paid the first CUBLIFE dividends. At 22:00 UTC, all of the pre-sale CUBLIFE will be issued.
CONTINUING DIVIDEND PAYMENTS - Commencing on May 28, 2021 and each subsequent Friday thereafter at 21:00 UTC. LEO dividends will be paid to all CUBLIFE holders from the @cublife account.
For further information and discussion of the CUBLIFE project, I refer you to the original announcement at: https://leofinance.io/@lbi-token/cublife-cl-from-lbi-token-launching-21st-may.
Exciting times for Leo Finance indeed. All of the above projects bring great value to Leo Finance that the entire Community should be proud of. I already have some investments placed with Cub Finance and eagerly await implementation of the LEO BRIDGE and will enjoy its utility immensely. Furthermore, over the next several weeks I plan on increasing my HIVE and LEO holdings so I may take that wonderful first step with CUBLIFE.
If you have some free time, pour yourself a cup of coffee (or if it's after 5PM a cocktail is in order) and head on over to Leo Market Talk for some great chat on a wide range of interesting topics. Hope to see you there.
I am merely an ordinary small investor who likes to share what I've learned and found interesting. Please take a few minutes and check out my other published articles. I am not in any way a financial advisor and as such, do your own research before investing. If you enjoyed this article please like it, comment and/or tip. Feedback is always welcome here!