RE: CUB to implement proof-of-burn tokens
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Please explain this:
However, with the bLEO/BNB pool, it becomes a game of reactions. If CUB goes x10, the bLEO/BNB yield will go x10 right along with it. That would be a new yield of 1500% up from 150%. Hell, just a couple of days ago this yield was less than 100% due to low token price. Already up 50% in a matter of days.
How does Cub mooning increase BLEO?
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Hi,
Because if CUB increases in price then the yield of BNB/BLEO pool is also increased.
In @edicted's scenario, if CUB makes an x10 increase in price also means that the BNB/BLEO pool is paying x10 the current yield (from +150% up to 1500%).
What do you think will happen next? People will FOMO rush to buy BLEO to pool it and get rewarded with that massive yield. If CUB price holds, that alone means absurd amounts of BLEO being bought from the market and being locked into the farm.
Hope that helps :)
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bLEO's yield is paid out in CUB, so they are intrinsically linked. If the price of CUB goes up, you're still farming the exact same amount of CUB in the bLEO/BNB farm, but that CUB is worth more in USD.
Given a high enough yield in this farm this will force users to buy bLEO out of the shear need to compete in that pool and farm more CUB tokens.
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