CUBLIFE 1st LEO dividends issued - Presale ends in 1 week!

Hello CUB's. It's CUBLIFE Friday and that can only mean 1 thing, Crypto Gansta time. That's right, Fridays from @lbi-token from now on are dedicated to CUBLIFE so put on your sunglasses, wear a hat backwards and shout "WU-TANG" at anyone that tries to interrupt you while reading this.

CUBLIFE is a crypto gangsta's paradise where the game is crypto farming and catching those big APY's. LeoFinace is our block (hood), Khal is our pimp, BSC is our dealer and the Leo community CUB's are our homies. If your down like Charlie Brown and understand to get gains, we need to suffer some pains, then you're too cool for school and investing in CUB is the only way to show love.

CUBLIFE airdrop

The first CUBLIFE (CL) tokens were airdropped 5 days ago to all LBI token holders with voting rights. We issued around 5200 CL tokens valued at $1 each, AMR's code has been snapshotting CL balances every day to create a weekly average balance for each token holder that we use for distributing weekly LEO dividends. Today, we had our first dividend payment and everything went smoothly, everyone's been paid and no changes are required.

Frist Dividend payment complete

This first weeks dividend payment is based on 5 days worth of CUB farming so next week we can expect the dividend to be around 30% better based on today's prices. With that said, for 5 days worth of farming and a declining CUB price we did well.

Looking at the holdings. You can see "Held" which show the amount of token are LP token we hold, current AYP at time cashing out, the % that LP/DEN is of the CUBLIFE wallet and the LP/DEN values in both LEO and dollars. As the price of CUB has declined a little, our total wallet value has dropped by roughly $250 in the past 5 days.

In the second table, you can see CUBLIFE earnings and the breakdown. After 5 days of farming, we collected 61.12 CUB. 36.67 were converted to bLEO and 24.45 were reinvested back into CUBfinanace. The 36.67 CUB got us 107.33 LEO to the @cublife account and then finally, we send 1/6th of that amount to @lbi-token as the operator fee for my time. The remaining 5/6th's of the 107.33 LEO is the weekly dividend Pot.

The 2 last columns are CUBLIFE (CL) token stats. Working from the top down, you can see how many CL are in circulation, the LEO, HIVE and dollar values, the CUBLIFE wallet total APY and finally the CL token APY. I am saving all these numbers and in the future when enough weeks have passed, I'll put together a few charts to show how APY's, CL token values, etc change over time. We would expect APY's to decline over time as new things are introduced to the platform and more money gets locked up.

CUBLIFE (CL) Presale (LAST WEEK)

Currently, only LBI token holders have CUBLIFE (CL) tokens but in 1 week, CUBLIFE goes public and our doors to everyone. You can get involved by sending any amount of HIVE, hivep or LEO to @cublife and on the 21st you will receive your brand new CL tokens.

Thank you for taking the time to read this post, if you have any questions please ask them below. It's been a good first 5 days and the token is producing a 50% APY paid in LEO for CL token holders. I feel i dont even need to sell it, for anyone interested, you can see the APY's before to get involved with the presale.

Posted Using LeoFinance ^Beta