CUB Finance experiment - month 3

CUB Finance experiment going for third month - https://cubdefi.com/
Let's look at the results of it again. I collected the numbers, the results are ok, but the CUB price was way mostly going down. Maybe the trend will change soon, the developments have not been on time recently.

This is also not any sort of investment advice, but just showing, what is possible and what happens in DeFi.

The allocation

Looking at the numbers now, moved a bit into leo farm.

Experiment began wiht $500 - not adding more during the experiment.

You could always calculate the returns for smaller or bigger amounts from this, but the transaction costs start affecting the results more with smaller sums and less with bigger.

CUB price over the month

Here is the graph of the CUB price itself moving over the month. So started at about $0.507 and ended at $0.417. So CUB price declined about 18% over the month, CUB is falling for 2 months now, how much longer? One day when the price will rise, then it might get a good profit.

Daily change in % of CUB price. The most volatile days we saw 6.73% down and 8.59% up, and most stable days the price didn't almost even change. The Start and the middle were the most volatile, but mostly stable and a bit down.

Cub farmed daily - small increase over the month

Small increase in daily farmed, but not too big this month. Average daily is 2.9 CUB.

Now the change of $ in the farms thanks to volatility in CUB price.

Farms and Kingdoms - total $ amount change

So even though, the price went down, the $ value stayed basically the same. Interesting and weird. :D from 518$ last month to 525$ this month. It's a long experiment, so let's not focus on short term movement too much.

When we compare now the price movement of the CUB of 18% down since last month and the total $ value - then the total value is up 1%, which shows, that the farming evens out the volatility with bigger down moves over the month.

Finally total amount of CUB up from 466 to 489, but not too much this month, since we moved more into LEO. Total farmed was about 90 CUB if we would have sold it daily. There are many things coming to CUB finance and now also the LEO mobile app goes into beta testing on 21st October. Finally something coming out :) (Noticed, the numbers on charts are a bit hard to read, will fix it for next update)

This experiment is tested on CUB Finance - https://cubdefi.com/
Hope you find this info helpful, will continue the monthly update posts in the future.
Make your dreams come true!
Thank you for your attention :)

Posted Using LeoFinance ^Beta