Why I Believe CUB Is A Smart Buy

bitcoinflood in LeoFinance • 3 years ago

Why I believe CUB DeFi Is A Smart Buy

CubDeFi has been around for a while it's the only DeFi platform I know of that has a connection to hive via one of its second layer tokens called LEO. Cubs been through a lot don't get me wrong.

At launch CUB prices soared to $12+ and continued to track backwards to prices we have today of around a steady $0.50 -$0.70 range. There was a time however when DeFi and crypto was booming that CUB held a very steady $3 range and I don't see it taking all that much for us to return to those levels with everything CUB has to offer currently.

*Please note this article is for entertainment and some education purposes only and not investment advice. Take responsibility for your own actions!

What's In Place

Currently CUB offers a number of huge advantages and unique systems that other DeFi platforms don't own. However they really have not been fully utilized yet and I believe it's only a matter of time till they start being used again. Here's the quick breakdown...

LeoBridge

As Ethereum prices start to pick up again (at the moment of writing this average fees are $5-$6) It wont take much to bump these figured back into the double digits. When that happens LeoBridge is primed to be ready to take on transfers between ERC-20 and BEP-20 tokens at minimal costs allow for a quick swap between the two changes (thus that's why it's called a bridge)

The Transfer To Kingdoms

Kingdoms are a smart automated way to start compounding your profits and it continues to evolve. These evolutions are what have been holding Cub Steady and now ready for a true break away.

How do Kingdoms work?

Stake your CUB and not only will you earn more CUB but you will also earn BNB rewards for doing so. These rewards are 3% of the transaction fees collected from Kingdoms a simple small passive income of both CUB token and also BNB (Binance)

Kingdoms also introduces other assets such as CAKE (Pancake Swap) where you can deposit your CAKE tokens and have them auto compounded as well and earn you some CUB tokens on top of it.

There are also other Kingdoms but I haven't gotten involved with them myself (yet) those are

BNB-BUSD
ETH-BNB
DOT-BNB
BTC-BNB
beltBTC
beltETH
beltUSD

But what's really going to skyrocket the price? Currently we seem steady the platform is burning enough cub in fees for the new being printed and demand but we have been hovering around $0.65- $0.70 for a good while now.

The Introduction of IDOs

Soon CUB will be setting up IDOs and these are rather large projects for funding. If they get funded a total of up to 1 million or 1/5th of the supply of cub would be burned. Yep BURNED effectively reducing the supply by a large amount.

What do people love to jump on board on?

When they seem a coin moon (for some reason that's when the masses jump on board) and that sends the price even higher to the point of just insanity to where it then sells off to a new level. This is something I see CUB doing here this month and why I'm betting heavily from now on on CUB as well as LEO (Hives token) which the team also runs.

Posted Using LeoFinance ^Beta

#leofinance #archon #ash #cent #proofofbrain #neoxian #ctp #broadhive #bpc #defi

3 years ago in LeoFinance by bitcoinflood

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melbourneswest 3 years ago

Its a fantastic buy, infact I just bought more CUB today. Here's to the future!

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1 vote

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bitcoinflood 3 years ago

lol, heck yeah no matter how much I tell myself not to buy on FOMO and emotion I still do it on occasion.

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melbourneswest 3 years ago

Hahaha ah the challenges of buying cryptocurrency :(

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jfang003 3 years ago

I don't really think I'll buy any CUB directly but I will be adding to my Farms so I generate CUB passively.

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1 vote

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bitcoinflood 3 years ago

Nice! Yeah I put some into Farms pretty much on Day 2 and haven't touched it. It just keeps making me CUB!

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1 vote

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pouchon 3 years ago

I was testing Cub Dens and Cub kingdom to see if the value matches. Indeed I saw the growth and percentage moved from both. Cub Finance is not a quick crazy volatile DEFI but it works in a way where time, patience will pay you dividend in the long run.
It is moving up now close to 70 cents.

!BEER

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1 vote

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allcapsonezero 3 years ago

At this stage, CUB could still be a smart buy under $2

_{Posted via proofofbrain.io}

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bitcoinflood 3 years ago

Yep, If these IDOs get funded it's going to be VERY quick rally upwards on those prices that will blow your socks off. Just like we saw on splinterlands 500% increase or more within 48 hours. It wont take much.

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poshtoken 3 years ago (edited)

_{The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.}

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tfranzini 3 years ago

All the constant development that's going on CUB will pay off soon so I also believe it's a very smart buy

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bitcoinflood 3 years ago

I think so, plus all the other development LEO team has been doing I think the next 4 months are going to be crazy in terms of rally.

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ecency 3 years ago

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beerlover 3 years ago

^{View or trade BEER.}

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niallon11 3 years ago

I'm betting on it. Even a moderate launch will push it to $1.

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bigtakosensei 3 years ago

That's really cool! didn't know you could earn BNB in the kingdoms! I'm going to have to go into cub a little heavier when I get my Leo power up!

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coinlogic.online 3 years ago

It's the most dependable project as far as I don't feel like I am going to get the rug pulled on me and my most invested in DEFI platform for sure. It has become one of the main parts of our income. Great breakdown! Reblogging for https://coin-logic.com's audience!

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shortsegments 3 years ago

Nice summary of the positive aspects of Cubfinance, and I agree that with the coming 3-6 IDOs in the pipeline, all using Cub as the e cludive token to purchase the new token, we should see a rise in price.

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