k, this isn't meant as a tutorial. It's just a quick and dirty note of what I've done with the claimdropped CUBs.
I went through this announcement.
Then I briefly checked the docs.
Team @leofinance, congrats on well-written documentation. It's a rarity in this crazy crypto assets world.
Now to the real work:
- Created a new METAMASK account
- Added BSC network
- Transferred CUBs over from H-E, all 4.735. It's roughly a 211:1 drop ratio.
- Went to https://cubdefi.com/ and connected Metamask account
- Confirmed the arrival of CUBs
- Realized that I need BNBs for any further steps
- Luckily, I remembered I had some spare BNBs over at Binance
- Transferred all BNBs from BINANCE to CubFinance over to the BSC chain.
BE CAREFUL SINCE IT IS IMPORTANT THAT YOU SEND IT TO BSC chain!
Binance even has a three-stage questionnaire before it allows you to send anything over to BSC. Good!
- Went to CUB Den, approved contract for 0.000668 BNB
- Staked all my CUBs, the fee was 0.002212 BNB
Deposit in the den
Staking & fee
Done!
I wonder what does the No Fees label mean?
I admit that the whole process was fairly straightforward except for the BNB fees part.
I also admit that I have prior experience with Ethereum, ERC20, Binance, and Metamask.
No experience with the dens and almost no experience with the farms as they are called here.
That's it. Just a brief summary with no substantial comment. I told you so :)
Addendum
Since it took several minutes to write this there is already 0.003 CUB earned.
Do I presume correctly that there will be a fee to collect or further stake it? Let's check it.
Click on the Compound button:
Click on the Harvest button:
Sorry, I really don't understand this No Fees concept.
Actuall fees were:
- 0.00044503 BNB ($0.13)
- 0.00132486 BNB ($0.39)
Yes, I realize that BSC has fees. Yes, these are much lower than ETH fees. Yet, the label says ... Maybe it should say No CUB Fees?
Ps: I am not ungrateful It's something new and interesting to play with. And it certainly was a lot of work.
Better and better
