CUBDEFI, POLYCUB AND THE FOMO SYNDROME

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Lately I have been reading any post where I see them talk about CUBDEFI, POLYCUB on the Leofinance front end, the reason is, I dont like losing out on opportunities, great ones at that. I m quite a noob to this things and to be honest I had stayed away from defi platforms because it had been a bit complex to understand until recently I summoned some courage to make findings, nothing is too hard to learn, I remember telling myself if I could learn what hive was all about and still learning that, then why will I keep myself from new knowledge, which is not new anyways.

Defi has existed a long time now and on our HIVE, CUB was 1 year old just about 2 days ago and has also been doing very fine. I have kept tabs open on leofinance writers like @taskmaster4450 @finguru @belemo and @readthisplease and each time they write about CUB and POLYCUB, I always have questions I want to ask. This means I am very much interested in it.

To be honest I sometimes have to remind myself that we are also here to make some money as well as improve our lives, so seeing great investment like this and missing is really not what I would be loving in a few months time.

You can call this FOMO, this must be the good one,its okay, but like always, nothing I have learnt on hive has been wasted and I m sure this is also inclusive.

CUBDEFI

The CUB project was started by the Leofinance community under the nose of @Khaleelkazi who has won my heart from the way he talks about the projects coming soon on the weekly leofinance report. Through CUB people can hold, stake into Liquidity and earn from Farms on BSC without those huge gas fees like seen in the etherium chain. It went on to develop kingdoms where your earning is compounded automatically. This alone is a mind blowing idea, it gives the average Hiver so much to gain by just being a member of a community, believing in its visions and investing in its projects.

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POLYCUB

Now The POLYCUB was created and I believe the essence is to expand the reach and benefits of the leofinance and the defi project to more people on other chain systems like polygon Matic and even Etherium. It has been described as the begining of the next evolution of DEFI yield optimizers, some even see it as DEFI 3.0 already as it is gonna be the bedrock of newer defi technologies coming up. Ofcourse, everyone needs to know about this.

Somewhere in my mind, I am quite sure that somehow, this whole system will reflect back to the Mother chain HIVE and cause a consistent rise in valuation and attention.

XPOLYCUB

As if that wasnt all, they also considered an XPOLYCUB, which will discourage "faffers", those who just come in for the early profits before the locking period elapses, well, no one should be in this categories, as we all need the project to succeed well, even while the outsider are coming in to join. However a penalty of 50% fee generated shall be earned and share equally by those who staked their POLYCUB.

DYOR

Its all a bit complex I must say for a Newbie like me and I m totally in for this. I have also heard of risks like impermanent loss and funny rug pulls ( Which I dont believe ca happen in this case), but it is always good to do your own research like I am doing, None of this is financial advice anyway.

The biggest risk I must say is actually missing out of great opportunities like this, The rush, the HYpe and the fruits are all solid and valid. so I ll called this FOMO, FOMOGO. (Fear Of Missing Out on Great Opportunities).

SO far I have been able to buy some CUB, (It is advicable to start small, especially when doing it for the first time), Stake them and start earning some polycub, I m yet to be able to claim and stake my polycub tho, but I m still in this learning process.

I really appreciate everyone who took time to write a post I read, cant really count, but I m still learning and I have much more to learn.
Any helps offered will be much appreciated.

@jaydr

Posted Using LeoFinance ^Beta