The Dynamics of CUB's New Economy | bHIVE & bHBD Derivatives Protocol

avatar

▶️ Watch on 3Speak


CUB's new model - launched in August 2022 - has completely shifted the platform. Now, 4 out of 6 liquidity pools are bHIVE & bHBD pairs.

The reason why we made this radical shift was that we finally hit a model of potential sustainability. Launching bHIVE & bHBD derivatives with the Multi-Token Bridge protocol has allowed CUB to start generating tons of revenue.

Last month, CUB DAO generated $9,125 in Multi-Token Bridge Revenue. The total liquidity in MTB pools was $625k.

Right now, the liquidity has grown - roughly $685k. The liquidity is consistently growing on a monthly basis. As liquidity grows, the revenue per month on CUB grows as well.

We've taken a lot of inspiration from Thorchain and the setup they have with RUNE.

RUNE backs all of the liquidity pools. CUB does this in a similar way both with the CUB token and with the bHBD and bHIVE derivatives. All trading volume starts to feed on itself and route through the different pools.

This creates price discrepencies. For example, if someone buys $100 worth of bHBD, then the $100 goes into the bHBD pool and causes imbalances in CUB-bHBD and bHIVE-bHBD. This provides arbitrage opportunities for the CUB DAO to fill and generate revenue from. It creates circular volume and the pinwheel effect takes hold.

Our mission now is simply scaling up. Last month, $15k was paid in CUB incentives to $625k in MTB Liquidity. $9,125 in revenue was generated from this $625k in liquidity.

Our aim is to scale up this liquidity figure which in turn scales up the revenue. Flippening the $9k revenue over the $15k incentives per month = CUB at deflationary levels where more CUB is bought and burned from the market than is distributed as incentives to LPs.

We talk about this and more in this clip from the AMA!

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.

Our mission is to democratize financial knowledge and access with Web3.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io


▶️ 3Speak



0
0
0.000
10 comments
avatar

The Flippening

  • It's coming.. like the famous Ethereum Flippening talked about by Ethereum afficionados, when the marketcap of ethereum will surpass the market cap of Bitcoin.
  • I am more excited about the Cub flippening, and will be interested to see the effect on price.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It's getting there. Slowly but surely the profit is growing to a level that will turn CUB deflationary.

Once it hits that things should move even faster.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

The Multi-token-bridge is amazing.
It’s great to see the Leo Bridge come to Life.
When will we be able to go from pLEO to bLEO directly, and skip the Leo stage?

Posted Using LeoFinance Beta

0
0
0.000