The Dynamics of CUB's New Economy | bHIVE & bHBD Derivatives Protocol
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
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Our mission is to democratize financial knowledge and access with Web3.
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▶️ 3Speak
Wen Arb Bot 2? 😁 We all want a deflationary CUB!
Ha Ha Ha
SOON
The Flippening will bring us deflationary Cub.
The Flippening is coming.
Posted Using LeoFinance Beta
Hoping to deploy this month! It will change everything
Revenue should triple
Posted Using LeoFinance Beta
The Flippening
Posted Using LeoFinance Beta
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
Nice growing about it! Growing is better future to get success for all.
!LOLZ
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A horse-pital.
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(8/8)
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?
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@khaleelkazi
How do we go direct from pLEO to BLEO?
Posted Using LeoFinance Beta
https://leofinance.io/threads/@shortsegments/re-leothreads-5ugbpw
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