bHBD & bHIVE Listed on CoinMarketCap and Coingecko | Earn 43.38% APY Pooling bHBD-bHIVE

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It's official! bHBD and bHIVE are now listed on Coingecko and CoinMarketCap. These listings are important for a variety of reasons. The most notable is that being listed on these trackers are the #1 place that people spot tokens. They're able to look up the real-time price and track them easily.

The second reason - one that is lesser known - is that these listings actually place the assets on a variety of lists in DeFi.

If you've been using bHBD and bHIVE up to this point, you may have noticed the lack of a logo on various sites like PancakeSwap or ParaSwap.

These sites use CMC and Coingecko as logo aggregators, price feeds, and various other tracking mechanics as well. Now that the bHBD and bHIVE derivatives are listed, their logos display and they also show up on various other lists.

bHBD

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bHBD on CoinMarketCap: https://coinmarketcap.com/currencies/bhbd/

bHBD on Coingecko: https://www.coingecko.com/en/coins/bhbd

bHIVE

bHIVE on CoinMarketCap: https://coinmarketcap.com/currencies/bhive/

bHIVE on Coingecko: https://www.coingecko.com/en/coins/bhive

CUB's New Model

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CUB's new model is as a decentralized exchange for bHBD and bHIVE. We've seen this model take shape over the past 8 weeks and the results have been astonishing.

There is now nearly $600k in Multi-Token Bridge TVL. Compared to just $300k last month. That's a 2x month-over-month and the growth continues on a daily basis.

You'll notice some big updates to the CUB UI. There are now links in the left menu to wrap/unwrap HBD and HIVE.

There is also a Multi-Token Bridge explanation at the top of the page along with a link to the new CUB Docs that discuss the Multi-Token Bridge model and how it works to benefit both the Hive Blockchain and the CUB Economy/Price.

43.38% APY for Pooling bHBD-bHIVE

One of the biggest pools we're focusing on is the bHBD-bHIVE pool. This LP consists solely of HIVE assets and it's a great place to park capital if you're a hodler of HIVE/HBD and want more of them.

This LP is paying a monstrous yield and that yield continues to increase. Last week it was ~35% and now it's pushing 45%. There are a lot of factors that impact this yield but it is likely to increase as the whole CUB Economy continues to grow.

If you saw the last CUB Burn Report (see the previous post from @leofinance), then you'll have seen over 500k CUB get burned since the launch of the Multi-Token Bridge.

This is important for anyone pooling HIVE and HBD on the platform. It means that the farm asset is actually increasing in value. It means that you are earning more yield on top of what is displayed as the price of what you earn rises.

You can take that yield, sell it for BUSD (for example) and then send it off to an exchange to buy more HIVE and then re-pool it through the platform.

Or you can just swap your CUB harvests directly for the bHBD & bHIVE derivatives thanks to the bHBD-CUB and bHIVE-CUB LPs (which have grown exponentially this month - rising from just under 100k to $130k each).

Stablecoins?

We're in terbulant times right now. People don't know if the market is going to go up, down or trade sideways for a while. Many have turned some of their portfolio into stablecoins while they ride it out.

Right now, the bHBD-BUSD (Stablecoin) Liquidity Pool is paying 38.54% APY... That's 2x what you can earn by staking HBD on-chain!

The additional benefit is that it is instantly liquid. Remember those big HBD pumps? People who had HBD staked in their savings account missed out because of the 3 day unlock time.

People who had bHBD profited enormously since their LP is instantly liquid and tied to BUSD. Many users pulled liquidity during those pumps and got 40% more BUSD than they deposited. Then swapped the remaining bHBD to BUSD and waited for the peg to return.

Then they swapped back into bHBD, collecting their 40% profit as more HBD.

It's pretty incredible to see the economy forming around this. The key now is driving in more liquidity. With more liquidity, we can increase trading volume which will increase yields which will bring in more liqudiity.

Let the virtuous cycle continue! Next stop, $750k Multi-Token Bridge TVL and I'm sure $1M won't trail too far behind that. Maybe we'll even achieve that number by the end of October at the current pace of growth. 🦁

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io

Posted Using LeoFinance Beta



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17 comments
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WOw.. this is a fantastic update for the day. bHBD & bHIVE listing on both the platforms is great and we can rack both easily. Thanks Leo team for doing the great work and this is a moment to cherish for community.

Posted Using LeoFinance Beta

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earning those big fat APRs again. Plus with how low CUB is right now that APR could actully be work if the price continues to climb.

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Excellent job guys! We are moving our DAO and NFT payment tokens over to bHBD to help spread the adoption!

Now we just need musicians to come and mint some NFTs and get paid in bHBD!

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(Edited)

Wao, this is a good news to hear. Thanks to the teams for making this come to existence

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Wow what an awesome news cum update. bhive and bHBD listed on coingecko is great as I check it time to time. Thanks LeoFinance for the kind update 💝❤️💓💖

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This is a perfect opportunity to join the pool now and earn some cub and by the time it increase in price that will be a massive gain, one of the best investment now

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That is awesome news! Did Phive and Phbd ever get listed on those sites? I honestly have never looked. That is pretty cool if these ones beat them to the punch. Just goes to show that CUB isn't abandoned like some of the haters were saying!

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Check out the last post from @hivebuzz:

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🙄 I am totally ignorant: how do I participate in the bHBD/BUSD liquidity pool?
Thank you! 🙏

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Their are many things I honestly need to ask questions on and this is definitely part of it, do I get a way out on this too, but of all this definitely looks so good as a means of earning in the community too

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Fascinating insights from you, I take part with an amount that makes sense for my overall weight. Very impressive that you got those listings done, seems your network is getting really strong.

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Meh. How do I even...
I have been trying my best to really get into CUB and its farm. But I don't want to rush into something I have zero knowledge of. The LeoGlossary has been of great help.

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It's getting really interesting to have bhive and bhbd listed on cmc and coingecko.

We have better days ahead
I better be thinking rightly now, I need to put some bucks into this pool.

Thanks for all you do.

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