A lot of movement has been happening on CUB. All the latest pump n dumps of HIVE & HBD prices have led to a lot of assets getting sucked in and out of the bHIVE & bHBD oracles.
In my opinion, we're starting to see things level out (finally). This has put a lot of stress on the bridge and on the liquidity inside of CUB itself.
Overtime, I expect it liquidity to ease up and get a lot more ... liquid.
Something really interesting is happening on the burn side of the spectrum. Khal posted a thread yesterday saying that he thinks CUB DAO will buyback and burn more CUB in the month of march than is distributed to LPs.
What does this mean?
It means we're about to flip deflationary. CUB total supply will start to decrease... Holy shit when that happens strap in for the moon.
There's only one way that CUB can go once the deflationary pinwheel starts going. As CUB goes up, the bHBD and bHIVE price gets dragged up as well. As those prices get dragged up, people arb through the bridge so that means more liquidity will slowly poor in.
I'm excited to see what this all means for CUB long-term. Is it possible that we'll burn so much CUB that the ATHs of $3+ will come back?
Follow along as I report daily on @cubdaily šš½
P/E Analysis of CUB
Here's a new section I'm trying out. I decided to run a P/E analysis of CUB using data from each Monthly Burn Report posted by @leofinance. Check out the second analysis I ran and leave a comment below with your thoughts.
Keep in mind that a low P/E ratio is good. It means that the revenue that CUB is generating each month is increasing faster than the CUB price is increasing (more revenues earned per share of CUB).
CUB Rewards Flow
*NEW
Here's another new section of my daily reports. This chart will be updated monthly. It accounts for the flow of CUB rewards.
"Over time, I'll start collecting data on how much each Liquidity Pool actually earns for the CUB Protocol (through wrapping revenue, arbitrage, etc.). Obviously, that's a lot of data to capture! This tells us something very important though: is the DAO effectively using its monthly funds (inflation) in paying LPs to build liquidity that ultimately generates revenue. Let's keep an eye on it and see how this progresses, maybe the team can even take this data and use it to migrate multipliers to more effectively build liquidity in the pools that are generating the most revenue."
Locked CUB
A new section! The new CUB Kingdom is now live and we can track the amount of CUB locked and how long it is locked for.
- CUB Locked: 5,596,410
- Avg. Lock Duration: 33 Weeks
CUB Token
- Price: $0.01826
- Total CUB Supply: 20,927,831
- Total CUB Burned: 2,391,643
- Total Market Cap: $382,180
- Total Value Locked: $1,201,079.47
Multi-Token Bridge Stats
- bHBD-bHIVE: $106k
- bHBD-BUSD: $234k
- bHBD-CUB: $130k
- bHIVE-CUB: $171k
- Total: $641k
CUB Burns
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Something is going on with burns š we're seeing them absolutely skyrocket right now!
Further Reading:
- Latest Reports From this Account: @cubdaily
- Latest CUB Burn Report From the LeoTeam: https://leofinance.io/@leofinance/cub-monthly-report-or-november-2022-50-of-cub-inflation-bought-and-burned-tvl-continues-to-grow-and-arb-bot-2-0
About CubDaily
I'll be using this account to report on the CUB stats each and every morning. Together we'll track the growth of CUB under the completely revamped ecosystem that LeoTeam has built called the Multi-Token Bridge.
Posted Using LeoFinance Beta
