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RE: Cub Finance Audit is Live | $20m TVL, Kingdoms Update and LeoBridge

in LeoFinance2 months ago

Awesome update, So maybe I missed is kingdom replacing the den?

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Kingdoms will replace all Dens except for the CUB Den at launch. Kingdoms will also have higher APRs than Dens since the contract is composable (stacking yield from CUB + ___ BSC platform).

We're also reaching out to some BSC platforms about integrating CUB pools/dens so it's possible that the CUB den will eventually be replaced by a CUB kingdom which will have the same 15X CUB rewards + rewards from another BSC platform (i.e. PCS or Goose)

Posted Using LeoFinance Beta

Will this be an automatic transfer or will we need to move things around on a user end?

Posted Using LeoFinance Beta

The whole selling point of Kingdoms is that it uses an auto-compounding smart contract and takes a fee for doing so. I highly assume that there is zero interaction from the user after a Kingdom has been set. Maybe you still have to harvest the CUB you earn for them but the following (confusing) sentence sounds like you don't even have to do that:

Kingdom contract also earns CUB rewards and sends to the user's wallet to harvest

As per my little understanding Harvest would be a must.

Posted Using LeoFinance Beta

I meant when change happens from dens to kingdoms, will there be anything we have to do, or will it be an automatic change over. I am aware of the automatic compounding

Posted Using LeoFinance Beta

If someone could change the contract you put your funds in from a den to a kingdom, then that would be very bad.

You will have to move the funds yourself.

There should be a 24 hour period without fees where you can move your funds out of the den and then into a kingdom if you want.

Posted Using LeoFinance Beta

Kingdom vs EdenOS