🐯 Excited that $CUB will be Listed on DefiStation ! Is $BNB undervalued?

in LeoFinance15 days ago (edited)

Following a tweet from @leofinance twitter claiming that BNB was undervalued. I decided to look at different metrics from the Binance Smart Chain.

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First of all I compared the Market Cap of ETH and BNB.

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To keep it simple, ETH = 3x Binance Coin

Then I decided to look at the difference in DeFi TVL of the 2 protocols.

ETH TVL: $55.6 Bn

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BSC TVL: $32.8 Bn

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  • Therefore BSC TVL = 58% of ETH TVL and this gap is closing.
  • Market Cap of BNB = 0.33% of ETH Market Cap

I am fully aware that many other things are to take into account. Limited Total Supply of BNB and Buybacks, other applications for ETH (Gaming / NFTs). Current centralisation of the BSC, etc...

But this can give us some insights in terms of relative valuation.

But more important to all $CUB HODLers, it allowed me to discover https://www.defistation.io/

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What is DeFiStation?

Defistation is a DeFi leaderboard and analytics website for decentralized finance projects building and operating on Binance Smart Chain. This project is developed and maintained by Cosmostation and funded by Binance. Discover and track the total value locked into DeFi projects on Binance Smart Chain in real-time. The metrics and charts displayed on Defistation allows you to gain insight into the growing trends and movements in decentralized finance.

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CubDeFi would rank #27 #28 if it was listed there !

There are not so many successful DeFi projects on BSC at the moment and CubDefi would directly enter in the Top 30 before even releasing the Kingdoms update and some "very soon" pre-announcement of annoucements done by @khaleelkazi.

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EDIT: @dalz reached out to me to say that we have already applied and should be listed at some point in the future! Great news

I reached out to DefiStation on TG

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I felt like helping out my fellow Lions and Cubs by answering and gathering all the information. Here is the form to fill out.

Unfortunately, it seems one of the member of the core team should answer and put their TG ID / twitter, etc..

Therefore I am reaching out to the LEO Core Members / Stake Holders: @onealpha , @taskmaster4450, @trumpman, @acesontop, @dalz, @revise, @empoderat, @oldtimer, @abh12345 ... to check this out.

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Hopefully, this has already been done. They have also told me an update is coming to also show all the different audits and to add some metrics toddiferentiate projects on other things that just TVL.

Very exciting for $CUB as I had NO IDEA we were a TOP 30 BSC project. And we are just starting...

Cheers,

@vlemon

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Yes we made contact with them weeks ago (they reached out) and I believe khall fill in the form.

I updated the title + inserted an EDIT so readers know ;)

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Thanks for this information, this is great and I hope they will soon list us so we can have more expsure.

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Hi @vlemon, apologies for the downvotes. My anti-farming feature got abused. Here you can find more details. Take care

Thanks for passing by to write this comment as I did not know what I did wrong.

No worries 😉

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Thank you 🙏 ! Heading there right now.

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Soon cubdefi will be in top 15 after kingdoms released. I Guess Kingdoms offer people to harvest other coins, rather than just cub. Bridge is another interesting feature. Waiting for those two. 💥

This is definitely possible and what I hope for. Just need a little traction to get there.

But first we should be listed.

I am also very excited concerning the new upgrades 🙌

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😌 soon this project is gonna get huge. Cub price also go high as much as uniswap.

I don't even recognize most of those names on the Defi list and I don't think I have seen them mentioned as much on LeoFinance. But it sure looks like BSC is catching up fairly fast to ETH. So I think that ETH will be the place for the wealthy and BSC will the place for the normal guys.

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I would say BSC is for the normal guys on their way to be rich 🤑. Especially if they invest in $CUB 😆

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I hope the CUB prices won't run up before the end of next month. I plan to convert some LEO into the bLEO/BNB pool next month to get some rewards.

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I am thinking that next big news, it will pump like crazy ! Too many milestones incoming !

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That is cool. Hopefully we can get listed on there soon. Might give us a nice boost! It's crazy how much amazing stuff is being pumped out right now! Thanks for sharing this and trying to do some of the leg work on it!

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My pleasure, this will help us to get noticed by whales. Especially as they will add the « audited by » feature 😉

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Awesome!

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Very good news
CUB is doing very well

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Indeed it is ! So resilient even during downturns

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Interesting information, Im glad to have the opportunity to be part on Cub proyect recently, I hope and trust in this proyect, it gonna be huge, thanks.

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Glad to have you onboard. We all hope this will take off 🚀.

Thanks for your comment

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I read that CUB should be possible to use at SPlinerlands. Have you tried?

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I did not see how to do it directly on Splinterlands.

But on CubDefi.com you can trade your $CUB for DEX so I guess in this sense you can use your cub for Splinterlands 😅

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I found it. Instead of paying with fiat or btc you can choose cub. When buying credits

Wow 😳! That’s great ! I should write about it as I am sure many other people don’t know