I've got some free Cub, thank you Leofinance!
It was 0.262 Cub or about $1.2 at the current price, to be exact. For some strange reason, the BSC conversion tool didn't work in my Google Chrome browser, but I managed to make it work in some Chrome clone. Shortly, now I have 0.262 Cub on my BSC account in Trustwallet.
So what can be done next?
Indeed, I can sell my Cubs right away. Then I will get about $1.2 in BNB, BUSD, or similar -- and will pay nearly the same $1 of transaction fees. In other words, if I sell it right away, my overall profit will be about $0.
I can keep them in Trustwallet. If Cub dumps, I lose nothing, actually. If it pumps like 1000x, I may have a good profit. And in any case, I don't need to pay anything upfront.
Alternatively, I can stake my free Cubs at Cubdefi. Again, if Cub dumps, I lose nothing, and if it pumps, I may have even better profits. But I have to pay about $1 of fees upfront.
Obviously, in my situation, the best risk/reward decision would be to keep my Cubs in Trustwallet and wait.
However, I staked my free tokens at Cubdefi, just for fun.
I hope later they will at least cover the fees I paid for it.
Posted Using LeoFinance Beta
Photo by Antony Trivet from Pexels