The Flippening is Coming? Will CUB overtake PolyCUB!?

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(Edited)

Facts:

  • For CUB on Cubdefi, the market cap is now $360.8k, with supply of 17.4 millions and 0.918m burned. New CUBs are printing every block at 1 CUB/block.

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  • For PolyCUB on PolyCub.com, the market cap is now $402.6k, with supply of 7.09 millions and 5m staked in xPolycub. New PolyCUBs are printing every block at 0.0625 CUB/block.

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It's only like 10% difference in terms of marketcap now between the two sister(?) projects of leofinance.

Judging by the price trends lately of the two tokens, it is likely that $CUB will stay the course at 0.020-0.021 and $PolyCUB might keep falling from current 0.057 level.

If so, the flippening will happen and Cubdefi will overtake PolyCub. It would not be the picture we imagine a few months back when PolyCub was depicted to be the state of the art defi platform of all time and at that time, Cubdefi was like forgotten altogether among these narratives after the airdrop was done.

The magic of deflationary tokenomics did not happen, at least so far and the APRs on Polycub farms look miserable.

In some way, CUB comes back to life thanks to the success of MTB or the liquidity from HIVE. If we are to fix PolyCub, it's not easy to copy this model again unless the liquidity becomes so large that it can feed pools on two EVM platforms...

What can the new success story for PolyCUB? vexPolycub? or collateralized lending?

Before that, the flippening seems inevitable.

Posted Using LeoFinance Beta



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