EasyDeFi Report to Pool Members November 11th, 2022:

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Todays Report on earnings for Group A on Cubfinance and Group B on PolyCub

  • Group A Cubfinance Earnings Spreadsheet
  • Group A : Cubfinance Wallet Transfers
  • Group A : Cubfinance News
  • Group B : PolyCub Earnings Spreadsheet
  • Group B : Polycub Wallet Transfers
  • Group B : Polycub News

Cubfinance Pool Report

  • This earnings report covers the period from the last earnings distribution to now.
  • Earnngs for this time period were 550 bleo and after subtracting the admini fee 500 bleo are distributed to pool members.
  • The excel spreadsheet is below
  • Earnings go out today.

Group A : Cubfinance Spreadsheet

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Group A: Cubfinance Wallet Transfers:

  • Wallet Transfers showing earnings going out to pool members.

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Group A : Cubfinance News

  • There have been some changes in the Cubfinance DeFi project, which have brought some of the innovative strategies from PolyCub to Cubfinance.
  • We now have Hive and HBD on Cubfinance, and those pools are paying good APRs, thus atrracting lots of investment capitol.
  • However these farms are generating fees, and the multitoken bridge used to move assets like Hive and HBD to Binance ais generating fees, and those fees are used to buy back and burn Cub.
  • This is reducing the supply of Cub and creating buy pressure, so the price has been slowly but steadily rising.
  • In a few months we expect the rate of burning Cub will exceed the rate of minting Cub from the Farms, and the price will continue to rise.
  • We will continue to earn Cub, but it will have more value, and as a resuklt we expect to earn more bleo.
  • So although we are at the bottom of a bear market, I am optimistic.
  • The members of this pool are fortunate.
  • Each members has earned over 100% return on their investment since pool inception during a time period that all investments have lost value.
  • The beauty of what are called Performing Assets is that they pay regardless of the market volatility, and as in all investments that go up and down, you don't actual lose until you sell.
  • So instead of selling at a loss, I plan to hold the assets until the price recovers.
  • Fortunately unlike most buy and hold investors, the members of this pool have invested in a liquidity pair, and it continues to produce earnings in this bear market. So while buy and hold investors are just holding, liquidity pool investors are holding and earning.
  • Hold, don't sell.

Group B : PolyCub Pool Report

  • The PolyCub group earnings Spread sheet.

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Group B: PolyCub Wallet Transfers

  • The earnings being sent to the pool members.

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Group B: PolyCub News

  • Earnings are reduced on this pool for multiple reasons:

First, PolyCub was designed to be deflationary: which means the amount of token minted each day was halved everyweek, and this token minting is what pays the rewards on all the farms. This results in a halving of the farm rewards and right now they are around 12% APR per year, which is barely 1% per month.

Second, PolyCub Price has dropped: Since rewards are paid in PolyCub and PolyCub has lost 90% of it's value in the Bullmarket, rewards are greatly reduced.

This Pool's investors have earned over 80% on their funds since pool inception.

  • The Pool investors have made over 80% return in less then one year, so while returns are now small, investors here have done much better then the stock market, and the cryptocurrency market as a whole, so having your funds in an investment which returned a 80% plus return is certainly good news.

This Pool will payout only quartly until the market recovers.

  • Because the earnings right now are so small, it doesn't make sense to pay them weekly or even monthly.

PolyCub DAO

  • PolyCub is run by Leofinance creator @khaleelkazi, but decisions are now being made by the DAO, which is composed of PolyCubX fund investors.
  • These investors vote to make changes, and the most recent votes allocated the limited PolyCub rewards, and and the current vote is about stopping or slowing down the halving to slow or stop the steady reduction in yearly APR.

The PolyCub Pool remains open

  • I will not be closing the pool, because closing now and selling at the bottom of the market would be a bad move. - The pool earned PolyCub all the way to the botom of the market for a 80% return.
  • The pool will continue to earn as the market rises, and earnings will continue.
  • The beauty of what are called Performing Assets is that they pay regardless of the market volatility, and as in all investments that go up and down, you don't actual lose until you sell.
  • So instead of selling at a loss, I plan to hold the assets until the price recovers.
  • Fortunately unlike most buy and hold investors, the members of this pool have invested in a liquidity pair, and it continues to produce earnings in this bear market. So while buy and hold investors are just holding, liquidity pool investors are holding and earning.
  • Hold, don't sell.

@shortsegments

Posted Using LeoFinance Beta



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