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Daily CUB Report | MTB Liquidity is Skyrocketing - CUB Burns Are Being Dragged Up With It!

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Multi-Token Bridge (MTB) liquidity has really gone up over the past 24 hours. We keep seeing it climb higher and higher and it doesn't seem to be stopping any time soon.

Just last week, I reported on crossing $300k in MTB liquidity. Today, we have crossed $400k in total Multi-Token Bridge Liquidity!

This is AMAZING. I am blown away by how fast this is growing.

Why is MTB liquidity so important? That's what we'll cover in the Focus of the Day for Today (see below).

Right now, it's an exciting time to be a CUB holder. Not everyone sees what LeoTeam has done here but I think it is a matter of time until people start buying back in.

NFA, DYOR... All of that. Personally, I think CUB might make the comeback of a century and I want to be here for the 100x when it goes from $0.02 to $2 in the next bull market.

Keep in mind, this is only possible IF bridge liquidity keeps growing. If we don't see the "Escape Velocity" reached that the team keeps talking about, then CUB will be dead in the water. This seems to be a bet the company moment and I think LeoTeam is navigating well. Get Bridge liquidity and get it fast. Then utilize all that revenue each month to burn hella CUB and remove all of that prior inflation from circulating supply.

Follow along as I report daily on @cubdaily ๐Ÿ™๐Ÿฝ

Focus of the Day

MTB Liquidity...

When is it not the focus of the day?

We need more of it. Escape Velocity - as defined by LeoTeam - is when CUB is earning more revenue per month from the Multi-Token Bridge than the amount of CUB that is being earned and sold on the market.

The rough calculation put the deficit at about 50% last month. CUB DAO earned $4k last month from the MTB revenue.

So if we see $8k in revenue, we'll see Escape Velocity. That basically means that CUB's price has bottomed out and the buying pressure from the DAO outpaces the selling pressure from the CUB Liquidity Providers.

The only way to ensure CUB's Survival and Success is to provide Multi-Token Bridge liquidity. I have made it my mission in life to get as much of my own money and any capital I can convince to move into MTB liquidity pools.

So if you're reading this and you want CUB to succeed, provide MTB liquidity. Take that HIVE and HBD you're sitting on and wrap it to bHBD and bHIVE and provide liquidity. It's the only way to see CUB succeed escape velocity. From there, I think it's a slow grind higher to $0.25 and beyond. In the next bull market, things could get really freaking crazy and we could see CUB reach $2+ figures again.

This is not wishful thinking. This is math... backed by wishful thinking.

The only wishful part of this is escape velocity. We need to reach it and the only way to get there is MTB liquidity for the bridge.

Cub will either die off in this bear market or make new all-time highs in terms of market caps due to the amazing revenue being driven in from the MTB. It's our choice as the Leo Community.

CUB Token

  • Price: $0.02134
  • Total CUB Supply: 17,327,226
  • Total CUB Burned: 777,120
  • Total Market Cap: $370,311

Data Sourced On-Chain

Multi-Token Bridge Stats

  • bHBD-bHIVE: $53k
  • bHBD-BUSD: $161k
  • bHBD-CUB: $86k
  • bHIVE-CUB: $103k
  • Total: $403k

Total MTB Liquidity is $33k more than the market cap of CUB! An 8.2% gap in MTB TVL to MCAP Ratio.

Data Sourced On CubFinance

CUB Burns

BSCscan is being a bit funky for me today and isn't loading any charts. Normally I would post the chart below but we'll have to check back on bscscan tomorrow to see if their APIs are working again. Otherwise I can start building my own using each burn TX as a data point.

As you can see, the total amount of CUB burned keeps climbing... fast! So far there has already been 50k+ CUB burned this month and the team keeps reporting that we could see nearly 300k CUB get burned. Exciting times to be a CUB holder as we literally watch the supply burn up from in front of our eyes.

All those people who said CUB inflation was too high and could never make a comeback are about to get a massive wake up call.

Further Reading:

  • Latest Reports From this Account: @cubdaily
  • Latest CUB Burn Report From the LeoTeam:

About CubDaily

I'll be using this account to report on the CUB stats each and every morning. Together we'll track the growth of CUB under the completely revamped ecosystem that LeoTeam has built called the Multi-Token Bridge.

Posted Using LeoFinance Beta