Cubfinance the Flippening is coming!

“The Flippening is coming, the flippening is coming”

The energy of this phrase reminds me of famous American Patriot Paul Rivere who made his famous midnight ride from the town of Lexington to the town of Concord.

The British are coming, the British are coming!

  • He rode ten miles to a group of 40 other riders who then rode off to spread the message of the British Troops moving to attack Concord in the first battle of the American Revolution.
  • In a time before phones or even telegraph the movement of enemy forces was communicated in person.
  • The then revolutionaries army was made up of men from various towns and hamlets where they practiced military drills in small militias. Hence a rider went to every town and village telling the militia to go yo Concord to fight the British.

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Cubfinance Flippening

  • The Flippening on Cubfinance happens when the amount of Cub burned monthly, exceeds the amount minted monthly.
    So literally right now the project mints more then it burns, but when that Flips as in the project burns more tokens then it mints, that’s called the Flippening!

Why should you care?

  • This means that every month the supply of Cub tokens shrinks and Cub becomes scarce.
  • Tokenomics or token economics states scarcity increase value or price.
  • So Cub price goes up, and investors watching price go up, will stop selling all their Cub, creating more scarcity, as transactions go down and price could go up more.
  • That’s why the battle cry of Cubfinance has been The Flippening is coming. an event of great significance is about to take place.

How and Why?

  • The Leofinance Multitoken bridge between Hive, Binance and Polygon charges fees for moving investment capitol between these blockchains.
  • These funds are used to buy back and burn Cub.
  • This reversal or Flippening is a historic event, and will herald a rapid increase in scarcity of Cub and hopefully its price.

MAGA Cubfinance

  • These and many other changes in Cubfinance are trying to make Cubfinance great again.
  • Cub was 4 dollars once, and a dollar for a longtime.
  • When one dollar Cub? I don’t know, but I see the Flippening as several steps on the road to that goal.
@shortsegments


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It would certainly be nice if CUB started to crawl its way out of the valuation basement!

Hard to believe CUB was actually as much as $4.41 just two years ago... For the moment, I am just going to watch. Scarcity alone doesn't amount to much unless there is demand.

=^..^=

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Hi
Yes it is hard to believe looking at its price now.
I agree scarcity is one piece of the puzzle Utility or intrinsic value are next.
At one time they were going to buy assets like Bitcoin, Eth or Dai to back Cub. I don’t know what happened to the idea, I think it was hard back a token that’s minted everyday.

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Do we have any news yet? I heard taskmaster talk about it in the latest crypto maniacs but I don't think it was set in stone yet though.

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During the most recent AMA they said it could happen in April!

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IT? What can happen in April?

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In April the amount of Cub bought and burned may equal the amount of Cub minted to pay everyone’s rewards in the farms and Kingdoms.

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Cubfinance Flippening

The Flippening on Cubfinance happens when the amount of Cub burned monthly, exceeds the amount minted monthly.
So literally right now the project mints more then it burns, but when that Flips as in the project burns more tokens then it mints, that’s called the Flippening!

Posted Using LeoFinance Beta

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0
0.000