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RE: How To Get Your Cake (Pancake - Syrup) and Bread New CUB

in LeoFinance6 days ago

I stacked LP in CUB-BUSD and then started filling up the Den, am I suffering loss if I don't compound more CUB-BUSD LP, and just keep minting CUBs for the den? Or is this a smart thing to do? I appreciate the discussion, I know this isn't financial advice. Will I just lose value, or have a got a CUB minting machine spinning here?

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You're not losing anything by doing it that way. You could potentially make more by compounding it back into the CUB/BUSD as the APY is definitely much higher, but you would also either be selling some CUB to get the BUSD or putting in more money by coming up with the BUSD to match the CUB you're adding.

Personally, I'm doing almost the same thing you are. I've got some in all three farms and I usually harvest it and put it in the Den and just keep building my CUB position that way. I think at some point the CUB price will start to rise and when that happens, I'll want as much in the Den as possible. At that point, I'll have the flexibility to move some of that now much more valuable currency into other farms if I want. Or even sell a little into other Kingdom currencies to take advantage of new or more diverse products. MATIC/POLY for instance....

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Thank you i appreciqte your feedback. I am content to keep harvesting and piling Cubs in the den, with the hope that eventuaoly the price will rise. I am trying to keep the fees down so only harvesting every 81-140 hrs. Optimal harvest time changes slightly, but my main concern is Metamask vulnerability.

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