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$792,607 Burnt

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Chrono
@chronocrypto
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2 min read

$792,607

Yeah that’s how much cub has been burnt since the inception of cub.

This of course is the current value of cub at evaluation of $3.57 now of course it goes up and down it is a liquidity pool and would you get paid in cub for providing quick liquidity many upgrades are coming hopefully this week.

There is little doubt there will ever be a rug pull , as we in the DEFI space like to call a quick exit scam.

But going back to the say about quarter of $1 million burnt never to be used again. Of course this is again valuation of a coin that pays us for providing liquidity now this coin could go zero fast but it is more likely that it will go up touching $10 then it is to touch zero dollars.

There is so much time and there’s so much money invested into this project and this project is attached to other projects leading to Leo finance which is the goal to bring everybody from the outside from any type Blockchain into leofinance or for better HIVE Which of course we all know is the main driving force of one of the coolest block chains on the space yet it has little to no recognition outside of our own community which is a bit sad considering all the benefits and “free” transactions.

TVL

$18,648,322.58

With a CUB market cap of $6,620,499

I would say this is not bad close to $7 million of a project created in in no time at all the leofinance team/project is about two years old to create a product after two years and to be valued at around $7 million is epic to say the least this shows that the hive Blockchain is a sweet breeding ground for creation and innovation that no other block chain can accomplish and also being anonymous on this space does not help much but we all know who these people are or some of these people the face of Leo finance is helping booster up hive with the innovation space sure the prices are fluctuating back-and-forth with Leo and hive but at the end of the day my money is very safe and invested in the Hive Blockchain And I will continue to do so until otherwise.

Posted Using LeoFinance Beta