Leofinance is committed to make many become crypto millionaires and billionaires in 2023 and beyond. However, this is not an open promise to everyone but only to those that can recognize the opportunities that are opening within the DeFi arm of the LeoVerse. The mission of Leofinance is democratize financial knowledge and access. By this, just anyone can onboard the huge financial opportunities that amass the web3 space while learning about them.
It is obvious that the long tide is over as we begin to see sustained green candles on the $CUB market against the global crypto market falls and dips. This signals the beginning of the journey to sustainable yield and earning in the DeFiverse. The creations of the Leo team ha always been future-looking and self serving. CubFinance is not an exception to this.
Beyond reasonable doubts, we can et on to affirm that CubFinance is a DeFi with the most potential. This potential has been linked to the Multi-Token Bridge (MTB) feature added to CubFinance in the last two months. The September CUB burn report has valid facts to the claims that the MTB feature will soon catalyse a monthly burn of at least 1 million $CUBs.
Moreover, going by the trend of revenue generated for CUB courtesy of the MTB feature, there is the possibility for CUB to escape inflationary pressures, in the next 12 months. Moving from about $4k USD ion August to $6,650.76 USD implies that $17,640 could be hit sooner than expected. I had thought that we could be burning at least 200k CUB monthly, but last month's report shows that 400k monthly CUB burn is possible.
Escape velocity in physics is the necessary speed required for
an object to leave Earth's gravitational pull and fly beyond orbit. We've likened this idea to the Multi-Token Bridge Theory that we've developed for CUB: to escape inflationary pressures, the MTB must generate more revenue per month than is being issued via inflation.
MTB Revenue (CUB Inflation * CUB Price)
$6,650 < $17,640
source
Looking Bullish $CUB
With a 24 hour 15.11% rise in $CUB price and a near stable price of $0.0264 over the last 7 days shows the typical bullish tendencies for CUB token. Anyone that had bought $CUB at more than $3 would tell that buying the valueful DeFi asset at $0.02 is a dash.
That move is just the beginning as there is a massive incentive for wrapping/unwrapping, oracle staking and arbitraging stablecoins like bHBD and BUSD on CubFinance. While the best APY for stalking $BUSD elsewhere is 13% and on-chain savings APY for HBD is 20%, earning as high as 40% for these stablecoins is a better bet. Besides, the reward asset is $CUB with a possible 100x price action in the near future.
Providing a deep liquidity for a token like $HIVE on CubFinance is another plausible feature that will certainly drive 2x or 3x the CUB revenue in the coming months. While staking and curating Hive pays an APY of about 10%, staking on Hive gives as high as 49% plus the huge arbitrage profits when compared with trading Hive on the internal blockchain market.
It's really a new Dawn for $CUB and buying at $0.027 is just too good to be true. $100 USD worth of $CUB bought today could be worth $10,000 in a few months. I'm sure hat @khaleelkazi is not yet done with new additions to CUB. There are still the room for new features like xCUB, CUB governance voting and collateralization which are tested utilities that would surge the demand for the unique DeFi asset.
What is CubFinance?
A farming platform built on the Binance Smart Chain (BSC) that is part of the Leofinance umbrella of cryptocurrency and Web 3.0 applications.
What is LeoFinance?
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: https://leofinance.io/@uyobong
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966
Posted Using LeoFinance Beta
