Best Defi Platform to Get Involved in NOW: CubDefi
It has finally arrived. After months of waiting and watching the price of CUB bottom out around $0.50, @Khal and the LeoFinance team have delivered the full pivot on the CubDefi platform. Upon realizing the initial platform would be unsustainable, they went back to the drawing board and have spent the last few months re-imagining defi and building what can only be termed as one of the most innovative defi platforms in crypto.
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With "Composable Auto-Compounding" vaults, users are now able to stake tokens for cross-platform farming PLUS earn Cub rewards. What this really means is that we are now able to make incredible yields without CUB supplying all of those yields. The CUB rewards are in addition and on top of the rewards generated by the cross-platform staking. That means that more of the newly minted CUB can then be used to incentivize the Cub Kingdoms Den making it much more lucrative to stake and hold CUB there, rather than selling it into the market.
Best of Both Worlds
At the same time this is going on, CubDefi is also collecting a fee, part of which is used to burn CUB. The best of both worlds: less CUB going into the hands of weak hands, and more CUB being burned.
And they're just getting started. The roadmap of announcements has been updated and the press releases are going to be coming fast and furious for the next few days. Per LeoFinance's recent announcement, they will be talking about their plans for their IDO feature which could literally burn tens of thousands, if not millions, of the CUB supply. That is, of course, at these prices. If CUB starts getting back to higher levels, those numbers will move downward somewhat but....they're literally talking about doing three to a dozen of these things this year alone. The tokenomics have drastically changed for the better. The time is NOW! If you haven't gotten involved yet, do yourself a favor and learn about what is being built here!
The Team MATTERS!!!
We have a dev team with a proven track record and a community presence. These aren't some nameless, faceless people shilling the next rug pull. They are people that have made mistakes, owned up to them, made them right, and then gone on to create incredible value for the community that has stuck with them. Name me another platform that can say THAT!
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In business, I've learned that the people who stick by you when you screw up, and the people you walk through the fire with when things go sideways, are the ones that end up being your best customers and ultimately your most trustworthy allies going forward. This hasn't been easy. There have been mistakes. But the LeoFinance team CONTINUES TO DELIVER to it's community and I, for one, am going to follow them where they lead. The future looks incredibly, incredibly bright!
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Thanks for reading. As always, comments and questions are appreciated.
Posted Using LeoFinance Beta
It has really been an awesome week for CUB. So much great stuff happening and more yet to come. I am really excited about the direction all of this is taking!
Posted Using LeoFinance Beta
And it's just getting started. Lots more to come.
Posted Using LeoFinance Beta
Yeah, I am really excited to see how lands turn out and what the crafting mechanics look like.
Posted Using LeoFinance Beta
I am looking forward to the release on the 19th about the long term view. This is going to increase the value of LEO also.
Posted Using LeoFinance Beta
Yes, that is very exciting. I think a lot of people are looking forward to the BNB rewards as well. If nothing else it should pay for some of their transactions!
Posted Using LeoFinance Beta
Really excited about everything that's going on with CUB! It's definitely one of the best investments one can be making right now
Posted Using LeoFinance Beta
Agreed. Hard to find a hole in Cubfinance that is not going to be addressed or being addressed.
Posted Using LeoFinance Beta
Here's the deal. CUB is stupid profitable at these levels. Now is the time to be adding more. It will climb to what it climbs to but in the meantime, buying CUB is a good idea...
Posted Using LeoFinance Beta
I might be biased but I agree with you.
This is going to be a winner. I love the fact that my CUB just got an increase in return as the ROI in that Kingdom was increased.
Posted Using LeoFinance Beta
Yes, that is a huge positive. As I said, it basically will weed out some of the weaker hands and give people a much greater incentive to keep stacking it rather than selling it into the marketplace.
Posted Using LeoFinance Beta
I am excited about CUB but the IDO will be a one time burn of CUB right? This means eventually we need more ways to burn CUB in the future.
Posted Using LeoFinance Beta
It's a one time burn each time they release one. From what I understand, IDOs will be a fairly regular occurence so there should be large burns on an ongoing basis. The first one they are talking about could be around 1M CUB. After that, they might be smaller or they might actually be used to fund things but they'll continue happening. It will be a HUGE positive for the price of CUB as they'll be able to maintain scarcity.
Posted Using LeoFinance Beta
CUB is starting to get pretty exciting!