More reason to get cub, $3 soon and more speculation

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Yesterday was a monumental day in the evolution of Cubfinance as all the dens got moved to kingdoms and auto yielding kicked into full gear. Other than that, we saw renewed enthusiasm in the project, as the TVL rose by $1m in the pace of hours.

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The @leofinance team has been working extremely hard to improve the project and increase the yields of the platform. The main focus and challenge have been about preventing cub from sliding down by giving it utility and demand.

Injecting demand into a project is no easy feat and it's the reason why a lot of projects crumble. It doesn't matter how awesome your product is, if you don't inject demand into the token then you're bound to fail.

Making it work

With every development on the platform, comes more utility. In this case, the addition of a number of Kingdoms to the fray and invariably increasing the number of ways you can earn from the platform ensures that you keep coming back for more.

The addition of the kingdoms led to a redistribution of multipliers across them, thus leading to an autocompounding method of earning in the base asset, as well as Cub rewards.

The most interesting part and the reason I'm excited about staking more tokens is that there will be BNB rewards for staking Cub in the kingdom.

This means you're going to be autocompounding cub and earning BNB as well. obviously, the more you stake, the more you earn. That's why I think you should get Cub as soon as possible.

Pump is coming

Judging by the development that has taken place and the incoming growth,I expect there to be considerable movement in the market price of Cub. My initial target is $3 per token and I don't think that's too much to ask.

If you're looking to participate in the ecosystem, dive in now. According to yesterday's publication by the devs, the press releases have been pushed up a little, so there's that.

Think of it as the dev team giving you an opportunity to benefit from this project before it becomes expensive and out of reach.

What else is new?

Well, it's not new information but the Leofinance team are already in the advanced stages of a new product that will be launched on Matic Network. I'm still not familiar with the network but I know you can also use Metamask to confirm transactions there, so there's nothing to worry about.

I'm predicting that there will be some sort of Matic airdrop that will be based on Cubs and Leo holding/stake. I'm saying this because, in multiple conversations and publications by the @leofinance team, there have been talks about giving Cub tokens utility.

Well, what better way to do that than to make it some sort of requirement or loyalty reward for a Polygon airdrop. I'm still fairly confident that Cub tokens will also have some role to play in Project Blank, the short content platform that has taken the back seat in recent times.

One thing at a time

There have been a lot of conversations about the short content front-end and how important it will be for the community. There have been speculations about how it will look and how they will do it to prevent it from clogging the long form content timelines.

Regardless of that, I'm actually comfortable with the method of development that the team is using. Through this approach, they tend to focus on one product at a time, and right now, it is Cubfinance.

The most important thing is getting a secure finished product that will be presented to a wider audience in the press releases. I'm very excited about the future of this project and I look forward to more development.




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Posted Using LeoFinance Beta



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22 comments
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Can you tell people not to pump it because I have gotten more into Cub, plz? :P

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Pumps are good when looking to sell, not when looking to buy. LOL

Posted Using LeoFinance Beta

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Hehe, ye I know. But I don't have enough to even consider selling yet! :p

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(Edited)

At the last AMA Khal was saying that there will be no airdrop. Instead they are doing an IDO for the polygon platform where you can buy the new token with your CUB holdings. The CUB used for the IDO will be burned what also should benefit the CUB price.
Thank you for that post - feeling the bullishness coming up again!

💎🐾

Posted Using LeoFinance Beta

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Oh now this is cool. I missed this part. Millions of dollars worth of Cub might get burned in the process

Posted Using LeoFinance Beta

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Ah I remember the good old days of $10+ not sure if we will get to that point again but back to $3-$5 would be a solid target range

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I think we will far exceed that over time. DeFi is only going to keep increasing and Cubfinance is building a brand.

It will end up standing out in my opinion.

Posted Using LeoFinance Beta

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Great to see many great works done by the cub finance team. I believe the future really looks bright. Increasing my cub holding week. Hope the price waits for me to reach my desired target before it heads for the moon :-)


Posted via proofofbrain.io

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Increasing my cub holding week.

Smart move in my opinion. I keep adding to my stake also. Can't have too much CUB.

Posted Using LeoFinance Beta

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$3 seems a very reasonable price, considering all the development involved, but as you say without demand no matter how good the project is it will fail, I wonder if they will do a marketing campaign?

Posted Using LeoFinance Beta

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It's scheduled to go into marketing soon.

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Judging by the development that has taken place and the incoming growth,I expect there to be considerable movement in the market price of Cub. My initial target is $3 per token and I don't think that's too much to ask.

for me, i think this is not really too much and i even still believe it can even be more than this. this is how other crypto currency started. it is not a bad idea.


Posted via proofofbrain.io

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Holding CUB is a good thing to do at the moment. No airdrop... you can be the first to buy the tokens on the IDO which will burn the supply of CUB. I am very bullish on this project.


Posted via proofofbrain.io

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