The Cubfinance Flippening: Cub token price increasing, scarcity increasing and it's very exciting.

in #hive-1679222 years ago

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Who and what is Cubfinance?

Operational since March 2021, CubFinance is a DeFi platform. CUB is one of the longest standing DeFi protocols in the industry. While most died a slow death (or in some cases, a really fast one), CUB has managed to continually innovate and create value in ways that most did not see possible.
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What three factors do I think will lay the foundation for growth and prosperity in the Leofinance.io ecosystem?

First: Cubfinance Multitoken Bridge

Cubfinance operates the Multi-Token Bridge (MTB). The MTB allows cryptocurrency derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets.source

  • You can swap Hive, HBD, Leo, and SPS from the Hive Blockchain to Binance, Polygon or Ethereum.
  • Using the stablecoin HBD you can cheaply and safely move money across four different ecosystems: Hive, Binance, Polygon and Ethereum.
  • You have direct access to the biggest DEXs : decentralized cryptocurrency exchanges, on each of those ecosystems.

Second: Cubfinance has developed an income producing utility, steady increasing usgaand cheap multi-blockchain access route.

  • Cubfinance has reinvented itself and now has an income producing bridge and several popular liquidity provider investments means that this DEFI project, unlike all the others has unique utility.
  • This DEFI project alone has a steady income stream, which gives it a positive PE ration of profits to expenses, something unheard of in the cryptocurrency space.
  • Most cryptocurrency assests and projects only dream of making income in the distant future.
  • Cubfinance is making income in the midst of a bear market. Which logically shouls translate into much higher profits during the next pull market.

Cubfinance is becoming a major hub between the three biggest DEFI ecosystems.

  • The Cubfinance Multitoken Bridge allows you to move freely between ecosystems and access other decentralized exchanges and liquidity provider opportunities on Ethereum, Binance and Polygon.
  • Additionally, the farms afford the chance to swap popular tokens without placing your capitol on a centralized exchange, where it is subject to loss, seizure, theft or being frozen.

Third, the Cubfinance Buy back and Burn Model

  • As if being an 18 month old DEFI project with a rare income producing tool, and the growing into the role of a bridge connecting the three biggest DEFI ecosystems in all of cryptocurrency aren't big enough valuation factors to draw attention to Cubfinance and the Leofinance ecosystem.
  • leofinance goes one step further, with an active Buy Back and Burn program to create scarcity of Cub tokens, and further increase their value.
  • This program fueled by income from the Multitoken bridge has rapidly increased to the pint that in a few short months the smart contract operating the bridge has bought back and burned more Cub then all other buy back and burn strategies in the previous 18 months.
  • And in spectacular fashion, the bridge income should soon be buying back and burning more Cub per day, then is minted and paid back in rewards.
  • The importance of this cannot be understaed and deserves it's own paragraph.

The Flippening

  • Simply stated the bridge will soon buy back and burn more Cub then is created everyday. So the number of circulating CUb will stop rising and start falling every day, as the number of CUb made becomes less then the number of Cub burned.
  • This reversal or Flippening is a historic event, and will herald a rapid increase in scarcity of Cub.

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Last Words

  • The Leofinance.io community started as a blogging site for cryptocurrency investors and students cryptocurrency investing.
  • It's unique fee earning structure allows bioth content producers and content consumers to earn money for their time and attention.
  • Leofinance has both long form and short form content sharing sections for cryptocurrency enthusiast and cryptocurrency explorers.
  • It is 5 years old, and has a loyal and growing community.
  • It also has a well known creator and community leader, along with double digit numbers of developers and a constant stream of innovations and improvements.
  • It is fast becoming a multifaceted financial ecosystem involving social media and advance cryptocurrency economic strategies, tools and opportunities.
  • Sleep on this commuity, and these opportunities and I think you will regret it.

@shortsegments

..my journey, my decisions, my risks.
You should always research these topics and make your own decisions, and own those decisions.
This is the wild, wild west of finance; travel this path at your own risk.

Further Reading:
LeoGlossary: What Is Leofinance?
[source-leoglossary]
Leofinance: what is it, how to join and how to earn.

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Leofinance has both long form and short form content sharing sections for cryptocurrency enthusiast and cryptocurrency explorers.

This is the most interesting part of staking with Leofinace.

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CUB is doing quite well building a sustainable model to buy back and burn tokens. If the trading volume and revenue continues to increase, then I think it will be even more appealing to everyone.

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I agree.

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My Thread Advertisement of this post.

The Cubfinance Flippening:

Cub token price increasing, scarcity increasing and it's very exciting.

https://leofinance.io/@shortsegments/the-cubfinance-flippening-it-s-very-exciting-potentially-lucrative-and-it-s-coming

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