In order for CUB to take off, there needs to be momentum and the stakeholders can provide support to that momentum by depositing HIVE and HBD into bHIVE and bHBD, that basic pack mentality but, there is more to a potentially exponential CUB price.
I believe that we've flipped the speculative metric of escape velocity - where the DAO is buying back and burning more CUB than is sold on a daily basis - this can be seen as CUB has remained the same price despite the rest of crypto dropping nearly 20% in the last 2 weeks.
Basically, once the amount of CUB burned flips the amount of tokens created, the price will start gaining momentum and at the same time, the APY on all bHIVE & bHBD farms will start increasing because the liquidity pools’ incentives are paid in CUB, this will - in turn - increase how attractive CUB is as an asset to stake and earn income by providing liquidity.
That’s basically it, but it is obviously not that simple, there is much, much more to learn of how this snowball effect can affect the price of Cub and gain traction on our way to the moon. Click this video to learn more about this topic!
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
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