Welcome back to Crypto Noobs.
It's the series where I, a random degen on the internet that smokes too much, show you how to do shit with crypto. I'm not and expert nor a financial advisor. I just have a love for crypto and NFTs so I do a lot of experimenting. Recently Cub Finance has gotten a lot of attention dur to some upcoming events. PolyCUB launching defi on Polygon, Cub' second IDO announcement, and new IDO structure. Last time I showed you how to move BNB from Hive Engine to BSC so check that out here. Today we're looking at CUB specifically.
Why would I do this this way? Maybe you're like me and always hunting a discount.
I grabbed 15 SWAP.CUB for 56 cents earlier. That's a big discount considering the trade value for CUB right now is 73 cents. I know it isn't a lot and there id barely any volume on Hive Engine for CUB, but a discount is a discount. One thing to note here - You will need SWAP.BNB for the gas fee just like on BSC.
Step 1:
Get some SWAP.CUB and SWAP.BNB. Head to Hive Engine on the respective markets and buy however much.
Step 2:
Click Withdraw on Hive Engine. Select BEP20 tokens from the dropdown. Then CUB from the second drop down.
Step 3:
Take note of the gas fee at the bottom and deposit SWAP.BNB to cover. NOTE Non refundable so don't send more than you need.
Step 4:
Click the refresh button next to the + symbol and make sure you Gas Fee balance matches. Click withdraw and watch the magic happen.
Step 5:
Head to Cub Finance and click the CUB Kingdom. Then hit deposit and confirm the amount.
Step 6:
Pat yourself on the back because you make good decisions. Now you're earning 55% APY on your CUB and qualify for the PolyCUB airdrop!
Questions? Comments?
lemme know!