Daily CUB Report | New Section: Flow of CUB Rewards - Who's Earning the Most CUB?
Hey everybody, welcome back to CubDaily - where I report on all things happening at CUB. I love diving into spreadsheets and digging out all of the numbers.
In this new section of the report (below the P/E analysis) is "CUB Rewards Flow".
Check it out! I'm excited to evolve this section. Right now, it analyzes all of the CUB Rewards and where exactly they are flowing to.
As you know, the CUB protocol has a fixed inflationary rate of 1 CUB per Block. This equates to 840,000 CUB per month. That 840,000 CUB per month gets distributed on a weighted basis to each CUB Liquidity Pool.
In the chart, I show exactly how much rewards are flowing to each pool on a monthly and daily basis along with the % of the total rewards its getting.
Why this Matters
Right now, I'm just analyzing outflows. I haven't started analyzing inflows (the revenue that CUB DAO is generating).
Last month, CUB DAO generated $9,125 from all of the liquidity pools. As you can see in my chart, it paid out $15,000.
The question that we will begin to answer is: "which liquidity pools are generating the largest share of that $9,125?"
This is gonna be really tough to solve. It involves tracking all of the wrapping, arbitrage and staking activities by the CUB DAO and that's going to take me some time. I'm currently building a bot that will track all of these activities and spit the data out into CSV for my spreadsheet.
Over time, we'll be able to see which LPs are most effective. For us community members who want CUB to succeed, this will show us where to deploy capital to most effectively help the DAO.
For the team, maybe they'll start looking at these numbers and migrate multipliers (more rewards) to the LPs that are most efficiently generating revenue for the DAO!
Let me know what you think in the comments!
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).
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: 5,383,245
- Avg. Lock Duration: 32 Weeks
CUB Token
- Price: $0.01814
- Total CUB Supply: 19,668,886
- Total CUB Burned: 1,969,629
- Total Market Cap: $357,750
- Total Value Locked: $1,176,963.78
Multi-Token Bridge Stats
- bHBD-bHIVE: $127k
- bHBD-BUSD: $281k
- bHBD-CUB: $120k
- bHIVE-CUB: $127k
- Total: $655k
CUB Burns
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
Do you have any info on Polycub? Does it in any way tie into Cub?
Posted Using LeoFinance Beta
https://twitter.com/1415155663131402240/status/1613497560974626816
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