CUB as a platform is doing so well. It's really amazing to see the turnaround that we're experience. Yes, things aren't quite back to normal yet - Wen $3 CUB? - but things have radically changed for the better.
If you look at CUB Pre-August 2022 (prior to the Multi-Token Bridge going live), the DAO was generating around $100 per month in revenue for buyback and burns.
You can see this if you look at the historical burn chart for CUB.
Looking at the revenue today, we're generating over $10k per month for the CUB DAO through bHIVE and bHBD Multi-Token Bridge tech.
This is AMAZING. It cannot go understated.
$15k per month is being paid to LPs for LP APY (CUB Inflation).
$10k per month is now being generated from bHBD and bHIVE.
What happens when $10k becomes $15k? We're quickly approaching that with a growth rate of revenue of over 20% per month.
The CUB price is no longer in freefall. It bottomed out and is now steadily grinding up. These are the early signs of the incoming flippening where CUB DAO is generating more revenue and buying and burning more CUB than is being paid to LPs.
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