CUBlife going into the bear market | Opportunity for massive growth!

LBIers, today we look at CUBlife. It has been a very long time since I last wrote a post about CUBlife other than the weekly reports. Well, to sum it, the bear market so far has not been nice to us. You know what?, on second thought, it could be alot worse.

So, what is CUBlife?

CUBlife (CL) is a hive-engine token that issues tokens and uses that money to farm on CUBfinance. All harvests are split 40% reinvested, 10% goes to LBI as an operator's fee and the remaining 50% is converted to bLEO, unwrapped and distributed to CUBlife token holders as a weekly LEO dividend. Currently, the APY is around 22% and the wallet is compounding at 17%.

CUBlife main use case is to be a LEO income token and to date, we're going 58 weeks strong.

What's the low down?

We started 58 weeks back strong, real strong as the price of LEO was mooning, crypto was mooning and CUB was still over $1 with APY's being massive. Time happened and we entered the bear market 6 months ago I guess, LEO and CUB have both dropped over 90% and the crypto we hold in LPs, ETH, BTC, and BNB has also dropped 70-80% from all-time highs. We played with polyCUB for a litte time but it was short-lived as the APY's dropped quickly. We returned to BSC CUB because I hate using POLY, I dont like the 50% penalty and CUBfinance just feels like home for CUBlife plus it's APY's are better 😎

The wallet's holding peaked out at around $20k but has since dropped to just over $6k which sounds big but everything is down alot. Here is a snapshot of the most recent report to show you what we are holding.

Everything in blue is invested made from issuing CUBlife (CL) tokens and everything in red has been got from our 40% reinvestment. I have been very black and white about this. No LEO or HIVE ever collected from issuing CL tokens has gone into Kingdoms and no reinvestment money from harvests has ever gone into farms. I like to know how our interest earned from harvests compares to our initial investments at a glance so I keep funds very separate. Right now, it's 63% in farms and 37% in Kingdoms so 37% of CUBlife is made up of interest/harvests. Without this, our weekly dividends would be worth closer to 14%. This is why we do the 40% reinvest, we could predict the price of CUB was going to fall as it's a farm token and that's the way they go. LEO on the other hand, I never thought would trade from under 10 cents again but I guess that's crypto. When we have nothing smart to say, we say, that's crypto. One more time but sexy, that's crypto baby 😘 The 40% reinvestment is more of keeping up with inflation and not so much growth.

Like i said, the value of the wallet is way down and this is good and bad. Bad because its dropped 65% from its peak in dollar value but we've all lost dollar value the past 3+ months and been wiped out in the past few weeks so it's not like im underperforming against anyone else. Good because this provides a chance for CUBlife to see some real growth because it's going to be very cheap to get in.

When you held 1 CUBlife token 1 year ago, it was worth alot more in dollars compared to today but today, that same 1 CUBlife token is worth alot more crypto than is was last year.

If you believe that most of the cryptos that CUBlife holds, LEO, CUB, ETH, BNB and BTC will see new time highs within your lifetime, which CUBlife token would you prefer? The one from last year is one from today?

Of course, it would be the one from today because you're not selling today and in the long run, it will be worth alot more as there are alot more LP tokens backing it. My point is, over the next year are so, the CUBlife wallet value is gonna stay under 5 figures, I predict we'll see it drop to under $5k at some point if even only for 1 week. This opens the opportunity for massive growth for both investors and LBI. $5k in the bear market when everything is down 90% gets alot more than during the bull market.

If CUBlife tokens were once worth 80 cents each and today they are worth 25 cents, during the next bullrun it would be safe to assume CUBlife token will surpass 80 cents as we'll have been compounding 40% of harvests for 3-5 years. When CUBlife tokens drop to under 20 cents, i will run some sort of selling campaign and really try to sell lots of these tokens. For 1, everyone earns a really good weekly LEO dividend and for 2, the price of the CL tokens could 4-10x in value. Plus, and this is a doozy, CUBlife is 100% liquid meaning I can offer to buy back at any time. I dont because I wanna grow it much more but that option is always there ready to use.

Why do I want to grow it so much? Because LBI takes 10% of harvests being the main reason. If the value of the wallet drops to say $5k as an example and we can issue $5k of new CUBlife tokens, the wallet value would be double the size and there would be double the amount of tokens in circulation. Everyone's dividend would remain the same except for LBIs which is a fixed 10% of harvests. LBI earnings from CUBlife would double.

Anyways, I think the markets are gonna see sorta sideways for the next few weeks and then we'll either see a jump up or a drop-down. Im guessing a... drop-down but that's expected in these sort of markets. Interest rates are going up, there are wars and the world is going to hell. CUBlife will soon be cheap and a great long term investment, it already is i guess.

Have a fantastic Monday folks!!

Posted Using LeoFinance ^Beta