Greetings to my esteemed Lions on the LeoFinance ecosystem and the entire hive blockchain. It's another day and time to make little comparison within the LeoFinance Multi-Token Bridges to create an awareness about the different APRs that are available on the CubDeFi platform. It's your friend @faquan, saying hello from this part of the world.
Every investor desire just one thing from his or her investment(s), which is to make adequate profits within the period in which his money is on any platform.
To help investors maintain their trust on a platform, most especially the LeoFinance Multi-Token Bridges, we have to constantly bring out the APRs and APYs for them to choose from. I believe this isn't a much work for the Lions to do.
Today's post will focus on two different Cub bridges and their current APRs and how a potential investor can farm and make profit(s) from the platform.
Note: APRs and APYs on any DeFi platforms aren't static, they fluctuate on a regular basis and could move in an upward or downward trends.
The MTB tokens on the Binance Smart Chain platform are really doing well within this period amidst the current bear market and these has opened an avenue for Hivers and others who invested in the Cub farming to smile and make earnings to augment their loses from other crypto platforms.
Comparing the current APRs of BHBD-BHIVE and bHBD-BUSD at this point shows that BHBD-BHIVE is leading the stablecoin combination on the Cub farming platform on BSC.
Why Invest in bHBD-BUSD?
bHBD-BUSD is currently having an APR of 30.73% with a liquidity pool worth $256,442, which is a very good investment platform when you look at the ongoing bear market.
There's one thing I need you to understand at this point and this being the reason you need to invest in this platform. The bHBD-BUSD combination on the BSC network is very unique because they're both stablecoins and are backed by two highly placed coins. What I mean here is that the rewards earned from bHBD and BUSD when converted has a huge profit margin for the investor. HBD on the hive blockchain is pegged at $1, but fluctuates between $0.90 and $1 and in recent past, we've seen the HBD moving up to $3 precisely in July.
The parabolic nature of HBD gives investors who wrapped HBD on the BSC network to become super rich, depending on the amount of HBD they'd wrapped on the platform.
Why Invest in BHBD-BHIVE?
Just as I've mentioned above, one should look out for the coin that back the bridge they want to invest in. BHBD-BHIVE are both backed by HBD and Hive and they both have the opportunities to yield more profits when HBD and Hive goes parabolic.
To me BHBD-BHIVE combination is better because they're both products of the Hive blockchain and can easily be converted back to the blockchain.
BHBD-BHIVE has an APR of 38.02% worth $106,626 liquidity and has one unique features, which is the power to instantly unwrap back to the Hive blockchain.
Make your decisions today and choose your preferred Cub farming platform to invest in.
To wrap hive or HBD to the Binance Smart Chain platform, visit the link below:
Posted Using LeoFinance Beta
You have to take into account the greater volatility of bHIVE compared to BUSD.
Thanks for the reminder, it's true that stablecoins have less or minimal volatility than other altcoin.
Posted Using LeoFinance Beta