Daily CUB Report | Can CUB Ever Achieve Deflationary Status?

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We're all watching CUB with hawk eyes. We all want to see what happens to our favorite neighborhood DeFi platform and it's going to massively impact our lives if the platform reaches true sustainability.

The Multi-Token Bridge protocol introduced bHIVE and bHBD. These two things completely changed the way the CUB economy works.

Now, we're generating almost as much revenue as is being paid out to LPs on a monthly basis - $9,000 generated last month in revenue which was used to buyback and burn CUB and $15,000 paid out to LPs last month.

That's 60% of monthly inflation.

This number keeps growing and that's what we need to see. Once 60% becomes 70%, becomes 80%, becomes 90%, becomes 101%+ then we will see CUB flip deflationary.

Deflationary status on CUB will change everything for us. It will mean that more CUB is being bought and burned each month than is being paid to LPs for pooling bHBD and bHIVE capital on the platform.

Once we achieve this we may see what the team has called (in their latest post on @leofinance) the "pinwheel effect".

If CUB's price starts to go up consistently because more CUB is bought than distributed each month, then LP APY goes up because the price of the payout asset (CUB) is higher.

If APYs go up, more HBD and HIVE gets pooled on the oracles.

If more HBD and HIVE gets pooled, CUB DAO generates more revenue.

If the DAO generates more revenue, more CUB gets bought back and burned from the market.

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Follow along as I report daily on @cubdaily 🙏🏽

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).

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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.

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"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

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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: 5,383,245
  • Avg. Lock Duration: 32 Weeks

CUB Token

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  • Price: $0.019
  • Total CUB Supply: 19,797,104
  • Total CUB Burned: 1,996,886
  • Total Market Cap: $372,908
  • Total Value Locked: $1,209,288.18

Data Sourced On-Chain

Multi-Token Bridge Stats

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  • bHBD-bHIVE: $131k
  • bHBD-BUSD: $279k
  • bHBD-CUB: $122k
  • bHIVE-CUB: $134k
  • Total: $666k

Slowly, but surely the CUB MTB is growing!

Data Sourced On CubFinance

CUB Burns

CUB Token 2.png

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Further Reading:

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

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