Daily CUB Report | MTB Liquidity is About to Flippen CUB Market Cap! 🙀

almost 4 years ago

CUB has seen some really great growth this week. We've seen a growth factor of close to 2x for all Multi-Token Bridge Liquidity pools.

What does this means? It means that every single day there are new LPs joining the 4 available MTB Pools:

bHBD-bHIVE
bHBD-BUSD
bHBD-CUB
bHIVE-CUB

All 4 of these pools provide immense value for CUB. As I talked about in yesterday's DailyCUB report, the bHBD-bHIVE pool is most likely the most valuable pool for the ecosystem.

Right now the multiplier is 12x. I hope the team continues to raise the multiplier to keep the APR highly competitive with the other pools.

If we see this pool grow, I believe the MTB will grow exponentially bigger and bigger.

Follow along as I report daily on @cubdaily 🙏🏽

Focus of the Day

Why bHBD-bHIVE?

Why is bHBD-bHIVE so important? This is a continuation of my post from yesterday. $1,000 of LP capital moving to something like bHBD-BUSD is valuable for CUB because it provides $1k in liquidity to the pool for trading.

The catch, however, is that $1k in that pool only = $500 in the MTB Oracle.

With bHBD-bHIVE, we see the first pool that has BOTH SIDES of the LP as multi-token bridge assets.

$500 in bHBD and $500 in bHIVE = $1000 in LP depth on BSC AND $1000 held in the MTB bridge for that position.

Can we say that bHBD-bHIVE is 2x as valuable as all the other LPs?

It definitely is in this one regard. What remains to be seen is if this LP gets a lot of trading volume and volatility. If we see it get a lot of volume, then it means that wrapping activity is increased to a large degree. That is VITAL for the future of CUB.

So what do we need to do as a community to grow CUB?

ADD LIQUIDITY to bHBD - bHIVE! To me, it is that simple. I am stacking CUB like there is no tomorrow because I see the vision that the team has outlined. The MTB is changing the entire platform for the better and I believe CUB will be worth exponentially more than $0.022 1 year from now.

What I hope to see is a slow grind higher in the CUB price due to the bridge burns each month. If we can burn a couple million CUB before the end of the year, things are going to start to look VERY bullish for CUB in the long-term.

CUB Token

Price: $0.022
Total CUB Supply: 17,278,458
Total CUB Burned: 723,526
Total Market Cap: $381,864

Data Sourced On-Chain

Multi-Token Bridge Stats

bHBD-bHIVE: $33k
bHBD-BUSD: $137k
bHBD-CUB: $88k
bHIVE-CUB: $103k
Total: $361k

Notice something really crazy here... The total MTB liquidity keeps growing and it keeps growing FAST. I bet that by tomorrow we'll see this number cross $380k.

Note the market cap of CUB. $380k in MTB Liquidity would literally equate to more liquidity in the MTB than the market cap of CUB (currrently $380k MCAP at $0.022).

How undervalued is CUB? I think the Total MTB Liquidity will be a leading indicator to future market cap.

Data Sourced On CubFinance

CUB Burns

CUB Token 2.png

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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2 comments

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almost 4 years ago

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