The Best Way to Earn More HIVE & HBD | Earn 40% APY and Get More HIVE

leofinance in #hive-167922 • last year

The Hive blockchain has long been one of the best places to earn a return in crypto. Prior to all of the DeFi development, Hive was the original CryptoFi. We were all drawn to this blockchain for a myriad of reasons but one huge reason was the idea that we could use our brain power (content) and our capital (HIVE POWER) to earn yield every single year.

Now, there are so many options to do this and so many different benefits for each option. It depends on what you like and often, the best choice is diversification.

You can

Stake HBD on-chain and earn 20% APY
Stake HIVE on-chain and earn ~10% APY

But now there are other options. There are derivatives both on-chain and off-chain.

Enter bHBD and bHIVE.

Earn 2x As Much Yield on Your HBD (40% APY)

CubFinance is aiming to build the #1 derivatives platform for HBD and HIVE. We desparately need to decentralize liquidity for the Hive blockchain and we're offering a piece of that solution. We believe in a future where there are many pieces that are similar and CUB aims to deepen liquidity on BSC.

Right now, you can earn 39.57% APY on your bHBD-BUSD liquidity. Just wrap HBD to bHBD using https://wleo.io/hbd-bsc/ and instantly provide liquidity and start earning.

Some benefits to this:

You earn daily instead of claiming interest 1x per month on-chain. This lets you compound your earnings back into HBD faster. Stack moar!
You have instant liquidity meaning that you have instant access to your HBD and BUSD in the event of a random HBD pump (which we see a lot of)
You're building on-ramp and off-ramp liquidity for other potential investors - a great way to grow the Hive ecosystem and usage of HBD!

Some trade-offs:

Namely, a derivative. This can carry extra risk
Earnings are in non-HBD - you earn in CUB. This can be a benefit or a negative. If the CUB price goes up (it's currently up 40% in the last 2 months), then it supercharges your earnings the opposite is true if it goes down. The other route is to sell your CUB earnings daily and compound directly into HBD. This gives you the fixed APY you see (40%) on CUB's UI

How to provide bHBD-BUSD Liquidity

Wrap HBD to bHBD using https://wleo.io/hbd-bsc/
Match your bHBD with an equivalent amount of BUSD
Provide liquidity on https://pancakeswap.finance/add/0xe9e7cea3dedca5984780bafc599bd69add087d56/0x874966221020d6ac1aed0e2cfad9cbfee0ba713b
Add LP Tokens to the Farm Vault on https://cubdefi.com/farms

Earn Huge Yield With Only HIVE Asset Exposure

Are you a HIVE maxi? Want to compound your HIVE assets and get more HIVE & HBD simultaneously? The bHBD-bHIVE vault is for you.

Currently paying 28.14% APY, the bHBD-bHIVE vault is a great way to compound your HIVE and HBD while staving off volatility in the HIVE price. Liquidity Pools that are paired with stablecoins (i.e. HBD) are a fantastic way to hedge your portfolio.

How to provide bHBD-bHIVE Liquidity

Wrap HBD to bHBD using https://wleo.io/hbd-bsc/
Wrap HIVE to bHIVE using https://wleo.io/hive-bsc/
Match your bHBD with an equivalent amount of bHIVE
Provide liquidity on https://pancakeswap.finance/add/0x874966221020d6ac1aed0e2cfad9cbfee0ba713b/0x9faf07d1fbc130d698e227e50d1fb72657c0a342
Add LP Tokens to the Farm Vault on https://cubdefi.com/farms

Take a More Volatile Bet With More Potential Upside

bHBD-CUB and bHIVE-CUB provide an interesting way to take a more volatile bet that could potentially pay off exponentially. These carry obvious upside and downside risk but are a great way to get leveraged long-exposure on the CUB platform.

Follow the same steps above in the bHBD and bHIVE section but pair with CUB and provide liquidity.

One strategy we see many take is using their CUB earnings from the bHBD-bHIVE and/or bHBD-BUSD pools, selling half back into bHBD/bHIVE and then pooling with CUB.

This creates that leveraged long position only using your earnings rather than your actual capital. It can be a great way to start diversifying out and building a long-exposure position.

Sell 50% of your CUB harvests to HBD or HIVE
Compound liquidity into bHBD-CUB or bHIVE-CUB

Obviously, none of this is financial advice. After posting the CUB Monthly Burn Report yesterday, we saw a lot of interest turn to the bHIVE and bHBD LPs. A flood of new capital entered and a flood of new questions entered.

We think these derivatives have a massive future as yet another notch in the decentralized liquidity belt of the Hive ecosystem. We're on a mission to grow them for the benefit of CUB and the benefit of the Hive ecosystem itself.

It's pretty unheard of to earn 20% APY on a stablecoin in a reliable and safe way. We have that with HBD on-chain.

What's even more unheard of is also being able to wrap that stablecoin into a derivative (bHBD) and earn 40% APY in a stablecoin LP.

That's the power of CubFinance. We've seen a lot of new entrants into the CUB LPs on https://cubdefi.com/farms.

If you're interested in earning more yield on your HIVE assets to compound earnings this bear market, then the time is now 🦁🐝

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io

Posted Using LeoFinance ^Beta

#hive #development #hbd #ctp #oneup #palnet #cub #proofofbrain #leofinance

last year in #hive-167922 by leofinance

45.30 VYB

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poshtoken last year

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1 vote

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zottone444 last year

The real problem is that the value of CUB is constantly decreasing and even if the APY is very high I am not invited to hold the token but to sell it immediately, however I will think about it with some HBDs

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2 votes

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tobetada last year

this really has to be emphasized for newcomers. The majority of people involved with staking on b/pCUB have probably lost money (or made much less APR than advertised). Although of course if the bottom is in, all of this is starting to look better...

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1 vote

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vlemon last year

Indeed, this is a fact and newcomers should expect this. Especially in this bear market. Also impairment losses are very real and one should learn about these before jumping into DeFi.
Nevertheless I believe, this is a great risk-reward situation for someone who wants to dip his toes into DeFi.

Stay safe frens,

Posted Using LeoFinance ^Beta

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1 vote

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zottone444 last year

@tobetada @vlemon
I think exactly like you do, I know of people who have lost a lot of money, luckily I did not care much otherwise I would have taken it in that little place!

Oh @vlemon
I remember you in the Hold community, why doesn't that community go anymore?

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vlemon last year

It does, we have an account @hodlcommunity which curates Leofinance content.
Anyone can delegate LEO or HIVE to this account to get curation rewards paid daily 😉

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zottone444 last year

And how come the community no longer works ?

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vlemon last year

We are still there but as most topics are also accepted on Leofinance, it made sense to get together 😉

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khaleelkazi last year

DeFi as a whole has dipped over 90%. Polycub and cub got hit hard.

That being said, real revenue has come to light and the protocols who are generating it will emerge as some of the best places to park capital.

I’ve grown increasingly optimistic about the future of CUB after seeing the success of bHBD and bHIVE. Truly incredible stuff. We’re buying and burning over 400k CUB per month now with the DAO wrapping revenues

Posted Using LeoFinance ^Beta

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1 vote

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tobetada last year

I have always appreciated the hard work and effort you are putting into the whole Leo/cub ecosystem; especially now with the changes implemented and p/bHive/HBD in the pools. Being able to use this bridge is very important (as was shown when Hive was suspended in recent weeks on the exchanges). I just sometimes felt that newcomers weren't aware of the risks associated with defi and that this could have been highlighted a bit more in some of the posts. But as you said, the bear market was the main problem..

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khaleelkazi last year

Since the release of bHBD and bHIVE, the price has done nothing but go up.

But like it says in the post: feel free to sell rewards daily to avoid having any exposure to the CUB price.

It’s a choice that you make as an LP: gamble on the cub price or sell harvests and compound HBD and hive.

Easy as that.

Posted Using LeoFinance ^Beta

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zottone444 last year

This is also true!

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awuahbenjamin last year

Of course everyone wants to grow or increase its wealth and I’m glad for this great opportunity to do so..thanks for this

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justclickindiva last year

Since Binance is not allowed in the U.S., is Binance.US a suitable alternative and offer the same products to work with Hive/HBD?

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stefano.massari last year

This post is very helpful

Posted Using LeoFinance ^Beta

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mcoinz79 last year

The only thing preventing me from jumping into the pools is impermanent loss

Posted Using LeoFinance ^Beta

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khaleelkazi last year

BHBD-BUSD has no impermanent loss

BHBD-BHIVE can have impermanent loss: as the price of bHIVE fluctuates, you’ll end up with either more HBD or more HIVE when you un pool.

So the bHBD-bHIVE pool’s IL can actually work in your favor - pull out liquidity when the price gives you more of the asset you want (either hive or hbd)

People have grown to think IL is some crazy monster. It’s actually a useful tool if you learn to use it

Posted Using LeoFinance ^Beta

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malos10 last year

yeah in also interested in learning more about it

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mcoinz79 last year

@khaleelkazi maybe you can put on (post) a master class on impermanent loss, and how you can make it work for you. I think it will be very useful information for the community.

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amico last year

Thanks for the clear instructions, @leofinance
I'm registering an account on bnbchain and the form asks me for a Sponsor ID: Who wants to sponsor me?

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urun last year

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cryptosnowball last year

It is a great opportunity on a golden plate if you want to take the risk.

Posted Using LeoFinance ^Beta

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fantagira last year

Nice APRs for stable coins LP's. I'll look into cubfinance in time 😁

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mmykel last year

Hive is presenting with so much potential. It's only wise that one takes advantage of it.

As soon as I buy or earn more hive, I'll farm some.

Posted Using LeoFinance ^Beta

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behiver last year

Great returns are offered by CUB Finance for both HIVE and HBD assets and if once with the transition from a bear market to a bull market the CUB price rises, all the investors are for a treat.

Posted Using LeoFinance ^Beta

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7 votes

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bitcoinflood last year

One of these are no brainers if you really want to start stacking HBD and BUSD

Posted Using LeoFinance ^Beta

0.20 VYB

9 votes

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hivebuzz last year

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