Daily CUB Report | Pushing the MTB Growth and Arb Bot 2.0
CUB's slow and steady growth the past several months has been a leading indicator of the future of sustainability for our friendly neighborhood DeFi platform.
bHBD and bHIVE liquidity has seen some growth this month along with a lot of new activity on the bridge. I'm starting to see a lot of new faces using the bridge and that's a great thing.
The more that people transact, trade and stake bHIVE & bHBD, the greater the revenue generated by MTB arbitrage, staking and wrapping/unwrapping revenues.
And more revenue = more DAO profit
More DAO profit = more CUB bought and burned
More CUB bought and burned = higher CUB price (and hopefully deflationary in the next 3 months or so)
The Bridge is at $654k right now. If we see this figure slowly grind higher, I'll be super happy. We're looking for that coveted $1M mark... and in a bear market!
Can we achieve it, lions?
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).
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: $0.01834
- Total CUB Supply: 19,668,886
- Total CUB Burned: 1,969,629
- Total Market Cap: $359,907
- Total Value Locked: $1,178,075.74
Multi-Token Bridge Stats
- bHBD-bHIVE: $126k
- bHBD-BUSD: $279k
- bHBD-CUB: $121k
- bHIVE-CUB: $128k
- Total: $654k
CUB Burns
.png)
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