Making my Stablecoins (DAI & BUSD) work for me through Cub DeFi
Today, I started farming more $Cub tokens by pooling my $DAI & $BUSD to the DAI:BUSD Farm. The reward may not be as much as the CUB:BUSD farm but it's what I think is the least risky among the pools (including USDT:BUSD farm). I don't want to deal with the "impermanent loss" that other pools may bring and so I chose to put my money on pools that have two stablecoins on them.
My goal is to keep accumulating more $Cub tokens since I believe it's the DeFi token that is on the right track in terms of development. I'm looking forward to what the Kingdoms feature & LeoBridge will bring to the platform. At this point, I still don't know any details yet but I'm assuming that these features will add more user-case to the platform. These two features will bring more attention towards Cub DeFi, there's no doubt to that.
It made me think that the $Cub token is undervalued at this point.
Also, I just learned that the Total Value Locked (TVL) has breached the $20M level. It has been consistently gaining traction in the past few days which is good.
With the way things are progressing for Cub DeFi, I could only assume that this token could reach the $10 or $15 price mark in the near future. (not a financial device)
It's just my guess but I hope to be right on this one.