I knew how liquidity pools worked in theory, but I could never participate because they were either always on the expensive ETH network or running unknown assets. and trying to learn how cupdefi works from tutorials.
For Leofinance, or exactly to mean hive users, it is very good news that Cub Defi is finally live and online. So, for all Hive users holding Leo, they can now swap Cub for blocking and breeding.
cubdefi.com is another project that builds its own clearing platforms with liquidity pools to enable the leofinance team to trade LEO tokens on the Binance chain. This bothand leofinance.iooffers draws more attention to Ethereum people priced byother options to purchase LEO or other tokens. A 'governance coin' called CUB has been created to reward liquidity providers with a burning mechanism similar to the LEO token.
Gas fees are expensive on Ethereum, making the Binance smart chain a great haven. Launching the cup define on the binance smart chain creates a bridge from the ethereum chain to the binance network. As a result, leofinance is trying to solve the problems in the ethereum network and even managed to attract hesitant people like me to its strong community. I will talk about my experience when I invest
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