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RE: Newbie Guide To CUB Finance with bLEO & BNB

in LeoFinance4 years ago (edited)

I'll try to answer a few of your questions:

  1. What are the risks when investing into a pool?

There are two risks mainly.

a) A common one is called impermanent loss. You can read about it here:
https://academy.binance.com/en/articles/impermanent-loss-explained

Impermanent loss is practically inexistent if you have a pair of two stable coins, or a coin and its wrapped version.

  1. What gives value to CUB?

I can think of two elements on the top of my mind:

  • synergy based on the overall potential of further development of the defi market
  • fees which are 80% burned

-4. Here's a guide:

Helps if you have access to binance.com, directly or via vpn.

Posted Using LeoFinance Beta