CubDeFi money is moving around a lot these past few days. The final 'halving' is less than a day away, but people aren't waiting around for the supply cut to get in on positions for the expected CUB moon.

There has been a trickling of stake out of the CUB farms and into the CUB den as a result.

It's taken a few days, but there has been a 'flippening' in the amount of USD liquidity staked in CUB farms and den. I recall last week, the CUB farms were over or near 2,000% APR and the CUB den was around 600% or something, with around $1.8 million (or was it higher at $2 million?) and $800,000 respectively, or something like that (I should have been taking screenshots every day :P).

Over the past 2 days people have been moving their CUB out of farms. What you see now is the CUB den at $1.4 million:

And the farms shrinking with just under $1.6 million in the CUB-BUSD farm and just over $1 million in the CUB-BNB farm:

Come tomorrow, I expect the valve will be open even more, with more people getting out of the farm and into the CUB den. Instead of the current 'trickling' we might just see a flood into the dens for safety.

Appeal of CUB Den Safety

What safety? If you stake CUB in a farm and CUB goes up value, you lose CUB as your LP pair auto-trades your CUB to match the USD value in your LP pair. Whereas if you stake your CUB in the den, you don't lose any to it being sold off like the farm.

Some of the apes who have been surgically 'enhanced' with diamond hands don't want to lose any CUB whatsoever. So they prefer to be in the CUB den as they expect the value of CUB to moon.

And so you have some people who are moving over, as I see it, because the inflation cut (halving) makes CUB more appealing. Less inflation translates into less supply. With demand being equal before and after, it means the price 'should' increase due to less supply being created.

But the demand isn't equal. This is finance and not some product being sold in a grocery store that has the same usual demand week in and week out. The cut in inflation itself is creating more demand, at least in our Hive/Leo community. Diamond apes want MOAR CUB!

People are almost foaming at the mouth waiting to buy CUB after the supply crunch produces an expected dumping from the weak hands looking to cash out. Scooping up CUB at the dips has already been happening for a week.

As people rush in to buy CUB at the perceived low, the price will moon, at least for a bit. Some may expect a hard mooning period. But will that really happen?

Diamond Hand Apes vs. Paper Hand Dumpers

The amount of money in buyers hands needs to outnumber the amount of CUB the dumpers have. If the weak hands just looking to make money have more CUB to sell than the diamond apes have money to buy, well the expected moon will be short lived.

Maybe the Hive/Leo community has deep pockets to buy up all the CUB that will be dumped. If so, moon it shall be. And maybe not and people are gonna get rekt :/

What do you think will happen? Will there be a sustained moon from the diamond apes, or will the dumpers overpower their diamond pockets?

Posted Using LeoFinance ^Beta