You are viewing a single comment's thread from:

RE: Opinion: CUB needs to Cannibalize BUSD LP into BNB ASAP

in LeoFinance4 years ago

Good afternoon (at least here in Ecuador).

I understand the point of view you propose and I agree that the needs of the market should be met so that the project can grow hand in hand with the market especially in this Mega-Bubble.

But how can we know the reaction of the people who have their money in Cub-BUSD in case most of them are conservative people who do not like risk so much.

Let's imagine that we balancing these two farms.

But a large percentage of Cub-BUSD withdraws from the project becausea the lower APR, the profits that we could receive from Cub-Bnb will be able to cope with this presumed loss?

If we lose a million in Cub-BUSD farm to gain 500k in Cub-Bnb, the platform would lose liquidity in one way or another, not sure if this will be good at all.

I also think that having a pair with a stable coin can be appealing for people who are starting in this world (cryptocurrencies), as you said in previous posts pairs with a stable coin has some advantages in terms of financial security (less profit-less risk)

I do not disagree with what you mention but I will find interesting to analyze these points before making a decision.

Thank you so much for sharing your thoughts and providing such an enjoyable read.

Have an excellent day, see you next time (probably tomorrow).

Pp.

Posted Using LeoFinance Beta