RE: RE: CUB Monthly Report | October 2022 - 350k CUB Bought & Burned, bHBD & bHIVE Liquidity Depth Grows 30%

I 100% agree. If we’re being intellectually honest, there will always be sellers as the price rises. People who have bought CUB cheaper or people who are constantly earning and saving CUB in the kingdom.

The cool thing about the MTB revenue is that it is growing so quickly that it is creating a floor price for CUB. If the price drops at all, it simply means the DAO is getting a discount to buyback and burn more CUB.

Eventually, the system always returns to some sort of equilibrium around revenue generation. This means that the price going up = less CUB getting bought back and burned because CUB is more expensive. It also means that the price going down = more CUB getting bought back and burned because CUB is less expensive.

Either way, the sloshing of the CUB price is healthy for the ecosystem. You move CUB out of the hands of sellers and into the hands of buyers and/or the DAO itself.

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