CUB is 60% of the Way to Deflationary | How We've Leveraged Hive to Build a Sustainable, Reliable an
We've deployed a radical shift on CUB toward bHIVE and bHBD. Economically speaking, we believe we've finally found a model for sustainable, reliable and growing yield in the DeFi industry. While most other platforms are scrambling and constantly dying off, we see CUB marking turning point after turning point.
Last month, over $9,000 in revenue was generated by the CUB DAO. This revenue is 100% autonomously used to buyback and burn CUB. You can see the total CUB Burned amount crossing 2M just in the past few days.
This is a total shift from what was taking place before. CUB was not generating revenue. It was paying out massive LP Incentives to anyone who pooled capital on the platform but it had no real way to capitalize on that pooled capital.
... then enters bHBD and bHIVE.
With bHBD and bHIVE, we've found a way for CUB DAO to generate massive revenue and still pay out massive LP Incentives to anyone who pools HIVE and HBD on the platform. We're only a few months in, and CUB DAO is already generating over $9k per month.
Why is this $9k number significant? It doesn't sound like much, right?
Wrong! It's actually over 60% of monthly inflation. What that means is that CUB DAO paid out around $15k in LP Incentives last month but it generated $9k in revenue that bought back and burned CUB.
That means that the debt deficit last month was only 40%. That gap continues to close each month. The month prior, the gap was over 50%. The month before that, it was over 60% gap.
This gap continues to close and once the gap hits 0, that means CUB is deflationary. For example, $15k paid out in LP Incentives and $15k generated in CUB DAO revenue from wrapping revenue, staking revenue and arbitrage revenue.
That means that every single CUB paid out to LPs is bought back and burned on the open market. Deflationary CUB is right around the corner. Our focus is entirely on growing this revenue and building more liquidity for the CUB Protocol.
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
▶️ 3Speak
