Multi-Token Bridge: Taking CUB and HIVE to New Horizons

11d
2 Min Read
392 words

▶️ Watch on 3Speak


The Multi-Token Bridge - bHIVE and bHBD - has continued to grow and expand its reach on CubFinance. The MTB has brought the CUB economy to places where it has never been before and it is also doing the same for HIVE and HBD trading.

The goal is two-fold:

  1. Finally deploy HIVE and HBD trading to decentralized exchanges - something that is highly valuable to the Hive ecosystem
  2. Create revenue-generating mechanisms for the CUB DAO to benefit from and ultimately earn revenue to buyback and burn CUB

We're achieving both of these with each passing day. Liquidity continues to increase for both bHIVE and bHBD and the trading volume is scaling right along side it.

In November, the total revenue generated from the bridge was $9,125. We're about to deploy arb bot 2.0 which - we hope - will 2-3x the current revenue on CUB. This would flippen us deflationary on CUB as more CUB would be bought and burned each mont than is paid out to LPs!

Our goal is to slowly grind up the liquidity of bHIVE and bHBD - and it's working. Each month, the liquidity in these pools is higher than the month before. We're slowly closing the gap on what's paid out in LP rewards ($15k per month) and revenue from the bridge ($9k per month).

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


Cub finance is doing well and I'm happy I joined. Let's trust the process

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Great revenue increase and improved mechanics that should strengthen the CUB price in time. Hopefully, together with a market reversal and bull run, CUB will start shining again. I am a long-term investor and a true believer in CUB, so seeing these improvements I might see positive returns.

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Cub finance is definitely doing massively well and investor's will be very pleased to have seen this growth too

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wen avax :p

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