RE: Are You Hodling HBD and HIVE? How to Earn Over 53.32% APY, Paid Daily

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LeoFinance
0 Min Read
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"We have done a complete 180 degree turn in the business model governing CUB Finance on BSC."

What does this mean with regard CUB itself. Is it no longer relevant?

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Quite the opposite, actually. I highly recommend reading the 1st CUB Monthly Burn Report which outlines the strategy of the Multi-Token Bridge: https://leofinance.io/@leofinance/cub-s-first-monthly-burn-report-or-august-2022-204k-cub-bought-and-burned-50-yield-on-hbd

The strategy is utilizing the Bridge to generate revenue from:

  1. Wrapping fees
  2. Arbitrage revenue
  3. Oracle staking

Then, buyback and burn CUB with the revenue. Since implementing this strategy ~500k CUB has been burned

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https://bscscan.com/token/0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1?a=0x000000000000000000000000000000000000dead#tokenAnalytics

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OK. Thank you. The way it was written made it sound to me (being somewhat the defi challenge) as though the focus had shifted from CUB to the Hive tokens. 😂

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Lol yeah glad to help!

Nope CUB is being paired to bHIVE and bHBD and simultaneously, bHIVE and bHBD generate a disproportionate amount of revenue for CUB which burns CUB daily

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