Cubfinance: Major Upgrade Coming

in #hive-1679223 years ago

We know that Cubfinance has some people down. With all the attention that Polycub is getting, it is easy to feel that project was abandoned.

Like most things with Leofinance, nothing could be further from the truth. Repeatedly we discussed how the different components of the ecosystem are meant to leverage each other for higher gains.

Yet in spite of that many still feel that Cubfinance is an orphan, never to be cared for again.

That, of course, is the epitome of absurdity.

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Major Upgrade Coming

Here is the real deal according to @khaleelkazi himself. Cubfinance is not abandoned. Instead, it is going to get a total makeover.

When will this happen? It really doesn't matter.

The reality is that development takes time. Polycub is the priority at the moment because there are a lot of features still left to roll out. Each new addition is another feather in Polycub's cap.

And in Cubfinance.

The weekly Leofinance AMA discussed this very topic. Khal is aware how people are viewing Cubfinance right now but that is like saying that Leofinance is being ignored.

Plenty is taking place right before our eyes.

So how is Cubfinance going to change? The answer is all at once.

There will be one upgrade which will add most of what we eventually see on Polycub. This means that the change, when it occurs, will be instant. In other words, a lot of options are going to show up very quickly for the Leofinance community.

So you best get some money together.

Leofinance Is Building

We often talk about the importance of building. Yet there is still a large group of people who expect things to be instant. This is really sad. It also shows how the masses are ill-prepared to be involved in projects that can ultimately change their lives.

How many do we see complaining about the price? This, naturally, is a buying opportunity for those who are astute. What separates those people from the masses? It is the reality that you do not judge a project's worth based upon what the market says.

Unfortunately, that is what most do.

Here is a prime example. For those who were paying attention all along, none of what is written here comes as a surprise. On a number of occasions, the point was made that what is built on Polycub will be brought over to Cubfinance. Is there a clearer way to say it?

Now we have Khal affirming the fact that it will be one major upgrade. That might come a month from now, it could be 6 months. We have no way of knowing other than to watch the progress on Polycub.

This is what development looks like. Of course, we live in a world of instant gratification whereby people expect overnight success. That is not how things works outside the fantasy in people's minds.

Building takes time, dedication, effort, and the commitment of a large number of people. When the idea of community is discussed, it applies to all layers of an ecosystem. Leofinance is one of the project in our realm that is building and churning out more developments.

After all, we are about to get the pSPS-POLYCUB liquidity pool. Hopefully we will see in that in the next day or so. It was going to be released today except some last minute issues were found. That is the way things work in this realm.

This is on the heels of the pHIVE-POLYCUB liquidity pool which followed the pHBD-USDC pool.

Do you notice a trend here?

And best of all, these same type of liquidity pools will end up on Cubfinance.

Stop Complaining And Start Buying

Do you know what separates successful investors from those who end up envying them? The successful do not complain. Instead, they buy when they see things are on sale.

It really is that simple.

The price goes down, if it is a good long-term project, add more. This is not financial advice as much as relaying what those who end up on top do.

Do you want a big bag of CUB? Would you like a ass-ton of LEO? How about a truckload of POLYCUB?

Well, have you seen the prices? Look at where they are compared to a few weeks (months) ago. They are on sale.

Of course, each person is going to have to decide based upon their own financial situation. However, it is a lot easier to get a large stake in something when the prices are dirt cheap. At some point, those who believe in these projects believe the prices will move up.

There is one other advantage: in cryptocurrency you can listen to what is being said or read what is written and be forewarned of what is going to take place. We were told directly that Cubfinance will get a major upgrade at some point, adding almost all the features that are going to be on Polycub.

How much more warning does one need?

If resources are tight, that is understandable. We all have limitations and there are a lot of opportunities out there. Nevertheless, with Leofinance, one of the benefits to this platform is people can get rewarded for their activity. This helps to fuel some resources which people can use to amass more stake.

Everyone has to look at their own situation. However, we were just given a big piece of news about Cubfinance. This is on the heels of all that was discussed the last few weeks with Polycub.

Those who are astute will see how it is all starting to connect.

It pays to be attentive.

This is for educational purposes only and not financial advice.


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Buy when there’s blood in the streets. I’m really excited for PolyCUB in the coming weeks as we continue to deploy V2 vaults.

From there, we push onward with governance. Then we see it all to live on Cub as well.

Then we see Collateralized Lending, synthetics and other incredible features go live

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Wen lending, synthetics, and other features? Been waiting for them to come out on PolyCUB to see how things work out.

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You know the answer to that.

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I hope that PolyCUB would scale to $0.5 as the port of infrastructure moves to CubFinance.

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50 cents?

I think POLYCUB is going much higher than that. The tokenomics now are such that things are going to get very tight.

Another couple weeks from the next halving. By early June we will be to .25 per block.

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It all builds and flows together. It is just a matter of getting enough out so that people can move more value onto Polycub, and then to Cubfinance.

That is why features are so important. Give people things to use. The first key from what I can see is getting the Polycub price moving up. That is the first order in the quest for credibility.

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I asked this in an earlier post and didn't see an answer. What is going to happen with the inflation rate of CUB with these changes? Are you able to cap it somehow like PolyCUB? Everything else sounds great and I continue to accumulate but PolyCUB has basically a finite amount that will ever be minted. Just wondering if you're planning on trying to do something similar with CUB?

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That will be part of the governance and for the community to decide.

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That's a really good idea. Definitely something that will matter in a big way and having it decided by the community could really send a powerful message about what #CUB and #LeoFinance are all about.

I hope someone gets to answer this. Perhaps as development rolls out, more of that would be addressed.

Posted Using LeoFinance Beta

Those are exciting things coming up and they seem to be lined up altogether! Some things to get the blood pumped up during these challenging market times :)

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That is what the plan is. Leofinance is building out a lot of different platforms, all meant to leverage against each other for greater value.

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Awesome! Very interesting developments to look forward to and witness when they happen.

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Thank you for these updates of whats to come on CUBFinance. I have read some posts lamenting but these developments might make them happy or at least hopeful :)

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Nothing gets abandoned within the Loefinance realm. Sure things are prioritized but that is often driven by development and what is rolling out. What gets done first hits the market.

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That's good to hear. I guess what people were waiting is updates and you handed it today :)

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It does hurt when you pay attention but are tied back by lack of resources. Anyhoo, one way or the other, a way always opens up for the brave at heart. I think that's what makes successful people yeah? A way always opens up for those who want it that much. I'm watching...👀

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Certainly there is a difference between the actions the successful take versus those who are not. In investing, there are things the "winners" do compared to the those who end up seeing their accounts flatline, or worse, go down.

Nobody said it was easy. Much of this has to do with emotions.

Posted Using LeoFinance Beta

True that

The most exciting thing is when you know you are lacking behind and you want to upgrade yourself,good thing is cubfinance is coming with makeover that a good news

Cubfinance can’t be ignored . To me it is like the king of the Defi jungle . I mean an extension of the Leofinance project such as Cubfinance can’t be neglected. It is a building process as you said and we are patient enough to see it’s eventual purposeful outcome.

It will be if Polycub gets things right. That is the thing to watch right now since we know that all will be rolled over the Cubfinance when the time is right.

For now, we have the pSPS liquidity pool rolling out.

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One can’t just wait for the time to be right and for Polycub to get things right as well it seems .

I remain on Cubfinance and look forward to new features to come. It's exciting to hear that a major upgrade will come.

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I rode it down. So far, I havent really added since I am still adding to my xPOLYCUB stake.

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This shows something big is coming to leo and all we just have to do is to keep building and keep stacking our bag

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Ultimately it will all feed into LEO. The AMA did cover some updates about Leofinance and how that is being changed too.

More is being added on that end also.

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Very good, I will be waiting for the update patiently

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!1UP

Very interesting to know how the projects tested in polycub will be incorporated into cub.
Little by little I will add to my stakes.

Thank for putting this together.

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I think it is just a matter of duplicating the code, with some adjustments, into Cubfinance, testing it, and going live.

The hard part is to originally develop it. All that is being done on Polycub.

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It's a nice update and makes us hopeful of the CUB's future :) Glad you are adding more to your bags :)

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Thanks alot.
I do like to diversify, so buying cubs leo polycub and others is so much satisfying and will be hopefully rewarding as well.

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That's very awesome :) All the best on your investments!

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I do think it's kind of neglected but the development over on PolyCUB should move over eventually and the airdrops are potential reasons to buy CUB. I still plan on doing a Defi add but I just don't feel like the farms are that attractive anymore because the price also affects the APR on those farms. Does this mean people will flock to CUB, stablecoin pools, and xPolyCUB? It might.

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That is true but if the price of any of the tokens takes off, the yields in the farms can explode.

It is why the first order of business is to get the POLYCUB price going up. Perhaps the pSPS farm will help.

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Really an interesting update. I had received signals on this two weeks when the roadmap for PolyCUB and CubFinance was rolled out. At this point, I can say that CUB is also really a scarce crypto asset.

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There were hints dropped, not so secretly. Watching the AMA provides updates of where the plan and focus is.

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Khal is aware how people are viewing Cubfinance right now . . .

Let it stay that way for a while while the accumulators are busy adding CUB to their bags.

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Adding when things are down is tough.

But it is also how we enjoy the bull runs.

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Yes, but for me, that's safer rather than running after a soaring token. 😄

The time frame really matters. In my experience trading stocks, I only got impatient when I was waiting for a bounce to take an easy profit. Perhaps, there are times that such a strategy works in crypto, but in a downtrend? That's really tough.

I've been debating on where to put my earnings from delegation at. I am looking to do some thing else, besides merely staking my liquid Leo rewards. I think I'll convert them to Cub!

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I have lost over $50,000 betting on CUB Kingdom even after the interest I have received. Am I complaining? No, I'm waiting. I thought the upgrades to CUB will come in batches. Having everything released at once should pump CUB hard and it should help with press releases too.

Thanks to not having many users invested in CUB, I'm bringing home 180 CUB everyday as passive income. I don't plan to buy anymore. I'm satisfied with what I get at the moment. Currently my focus is on a Validator Node License for @splinterlands
!PIZZA
!LUV

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My numbers arent quite that high but they are 5 figures also. For me no complaining, just moving forward.

I see what the plan is and it is unfolding on Polycub. I lost a boatload there also even with the airdrop.

Nonetheless, that is where viewing how things are being constructed is vital. If it all comes together, we will be very happy. If not, then we take it on the chin.

There are no guarantees. The early Bitcoiners knew that too.

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Unless @khaleelkazi get hit with a truck and get transported to a different world or some government stepped in the way, I can't see a way how of these ongoing developments would get stuck. I trust the team and don't expect to get rugged. It all comes down to a waiting game. POLYCUB is only a three months old. If this pace of development keeps up, we are going to see a powerful ecosystem by next year. Combine that with a bull market (whenever it comes) and we are going to see many happy faces among those who had diamond paws during these days 😎
!PIZZA

Hey I've been investing for a year and a half now and even longer in LEO lol I'm only complaining a little. But at the same time stacking like crazy.

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You are allowed. You are a special case.

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Stop Complaining And Start Buying

This phrase not only applies to investment but to life itself. To succeed you have to be more practical and less sentimental.

The most successful people are too busy to complain.

Good point about the life lesson in general.

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Not a financial advise but buy if you have the money, it's cheaper and on sale now 😅 believe in the project without complains and just stay attentive and updated... I think I got all that point 🙌

Building always takes time and I think believing in the project means putting in work and being determined to see all it proposes to come to reality.

The whole development (major upgrade) of the Cubfinance is thoughtful, it should get everyone read for it... And I mean, giving opportunity to buy now and be happy later even if it takes another year.

Thanks for this educational advice TM 😅

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I'm taking that as a financial advice and go shop many of it, loL!

But kidding aside, it depends on how we really see it from our own point of view and our risk tolerance. Having these updates from the LeoFinance team means a lot. Although we may need to wait developments take time, at least we hang on to the thought that it is also going to get its own face-lift so to speak.

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That is true, the end is what matters and we can just whie away time with the excitement and investments (even though very little) we have made. Development takes time, no doubt.

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They are there weekly. That is what helps. Khal keeps telling us what the plan is and how things roll out.

We saw the pHIVE pool and now we are about to get the pSPS pool.

Just keep adding.

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Yes, that's what is admirable too. With the weekly AMA, we get to learn what's coming ahead.

And exciting day for the SPS hodlers. I heard the LP is getting deployed soon.

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We've all being giving financial advices but deny doing so for obvious reasons each time. I trust no investor would singularly trust another investor's position on an investment without making his own research.

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If an investor would do that, he's at his own risk... Too bad if anything goes wrong

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That is all true. Many want solid projects yet they do not want to seem to have the patience to wait for the development.

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how do you say it is difficult for all the projects in the #Leofinance ecosystem to receive the same attention now and if we achieve the perfect combination of all these projects we will make a more solid community with many benefits for all the faithful believers of #Leofinance.

PIZZA!

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