Look how sexy the stats are.
4.716$ per CUB
1,180 addresses holding CUB.
Total CUB Supply 1,366,886
Market Cap $6,446,807
Total CUB Burned 165,135
Today I gave my little CUB lions some more BUSD/CUB to eat. In return, I become more super cute little CUB lions babies. Love it!
What makes me super bullish on CUB?
Cub Staking & Governance
Cub Staking & Governance
Modeled After Curve.Fi - We're Introducing New Cub Contracts That Will Allow Users to Stake CUB, Amplify Yield Farming Rewards and Participate in Governance
Curve.Fi is one of the most popular DeFi projects in the space. There are a number of reasons for this, chief among them is the veCRV staking model.
This model allows users to stake CRV as veCRV which amplifies their LP incentives for yield farming in CRV gagues. Staking CRV also allows the user to participate in Curve DAO governance votes.
When CUB staking is officially introduced, users will visit a new page on the CubDeFi.com platform which will allow them to interact with the new LCUB contract: allowing users to stake their CUB as "LCUB".
Holding CUB staked as "LCUB" will amplify the user's rewards from existing LP farm positions and also grant voting power in Cub Finance governance votes.
Once the DAO is established and votes can be cast with staked CUB, users will be able to vote on key factors in the Cub Finance ecosystem:
- Fee structures
- Farm APR Multipliers
- Adding New Farms
- Removing Existing Farms
Note: this feature is still in early-stage design and development. As we progress through development and enter testing, you may see changes to the model we've briefly outlined here. Check back for updates as the development progresses. We're expecting a Q2 2021 launch for "LCUB" staking, governance votes and LP reward amplification.
https://docs.cubdefi.com/upcoming-features/untitled (@leofinance the Link URL is not perfect with /untitled :)
Look how awesome Governance can be. IT will empower the CUB Holder. That was one of the things I like since the start. It can be long term so super valuable. SUPER BULLISH TO ME!
LEO is Innovative, so I think we will see really cool things coming out, besides the cool things we already know about :)
That brings me to the next point I really like.
Autocompounding Vaults, omg I love it.
There will be a management fee of 5%. But I think it will be worth it, special in a long term.
Q2 2021. Cant wait to see it :)
These are really cool things. I also look at LEObridge how it will play out long term.
in 6 months, I cant expect how awesome CUB becomes from today. What do you think?
Posted Using LeoFinance Beta