Daily CUB Report | bHIVE & bHBD Pooled on CUB Reaches $602k For the First Time!
For the first time ever, the CUB Multi-Token Bridge which holds bHIVE and bHBD has crossed the $600k mark.
Remember the 1st of September when the first CUB Burn report came out? That report showed us that $297k was pooled in the bHIVE and bHBD pools on CubFinance.
As of today, we are now 2x that amount. In just 1 month, we have doubled bridge liquidity.
It is no secret that the multi-token bridge is growing quickly... People on Hive are jumping into the Multi-Token Bridge pools as fast as they possibly can... Don't believe me? Just check the numbers below and compare them to previous reports.
People on Hive cannot resist the opportunity to pool their HIVE and HBD and put it to work for them, generating over 40% APY without breaking a sweat.
We've seen CUB's token price appreciate by 30% since the 1st of October... That's pretty radical.
Amazing growth for CUB on all fronts with nearly 1.1M CUB burned as well.
Follow along as I report daily on @cubdaily 🙏🏽
CUB Token
- Price: $0.02566
- Total CUB Supply: 17,742,531
- Total CUB Burned: 1,072,408
- Total Market Cap: $457,693
- Total Value Locked: $1,520,621.46
Multi-Token Bridge Stats
- bHBD-bHIVE: $101k
- bHBD-BUSD: $234k
- bHBD-CUB: $138k
- bHIVE-CUB: $129k
- Total: $602k
CUB Burns
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CUB is showing some amazing growth in the last 1 week since the 2nd CUB Burn report came out.
It looks like sentiment about CUB has radically changed. People are now bullish once again on the CUB token and ecosystem.
It's hard not to be bullish when hundreds of thousands of CUB tokens are getting bought and burned on a monthly basis... and that burn number only continues to go up as more MTB TVL enters the system!
Further Reading:
- Latest Reports From this Account: @cubdaily
- Latest CUB Burn Report From the LeoTeam: https://leofinance.io/@leofinance/cub-s-first-monthly-burn-report-or-august-2022-204k-cub-bought-and-burned-50-yield-on-hbd
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
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