See I don't get it though. My cub creation has been greater then the den so I switched. But you're saying in the long run the Den is better than the farm? I make twice as much in the farm than the den.... so confusing
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Given what the price of CUB has been doing, you are doing it exactly right. My analysis was during a time when CUB was mostly rising, and during that time the Den would be better.
In the long run I think Den would be better, but during the bear market we're in, you've made a better decision than me. Now the question is when to get out.
I just moved them all across now. I ended up with an additional 15 CUB when I sold BUSD paired amount for CUB. Not sure if that's because of the drop in value?
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Yep, exactly. The value of your CUB must equal the value of the BUSD. Since CUB decreased in value w.r.t BUSD, it needed to sell BUSD to buy CUB to balance it out.
And I hope we're at the bottom now ... considering whether I should buy more CUB now, but I've been doing this the whole way down ... trying to catch a falling knife 🤦♂️
I took a risk and would anticipate that we are at the bottom based on launch price and this is the 3rd time we have hit this low and bounced back up.
I could be wrong and this is all a risk
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