Today Mark's A New Day of Many For Cub Finance

A Bittersweet Moment
Today marked a bittersweet moment on Cub Finance. The CUB/block rewards dropped for the final time down to 1. When the platform launched, the CUB rewards was set a 3 per block. For anybody who used the platform the first week, the rewards seemed to just keep coming. Now, they've slowed a bit but the return is still amazing.

In regards to my earnings, today was bitter but in terms of the future this was sweet. Overnight, inflation dropped 50%. The natural effect on a decrease in inflation is an increase in price. Yesterday, CUB was trading as low as $2.59 (that I saw) and I believe many people were waiting to see what happened after the APR dropped. Pretty quickly after the rewards dropped, there was a sharp spike in the price of CUB. I believe this was due to people on the sidelines finally jumping in.

Future Price Action
With the current CUB rate, there will only be approx. 28,800 CUB produced per day for circulation. These CUB are paid out to those staked on the platform and bought from anyone providing liquidity. With a lower supply, the sell pressure has almost evaporated. Over the past three days, there has been atleast 7K CUB burnt. If this trend continues, almost 25% of the daily CUB will be taken out of circulation. The impact this will have on the price of CUB is tremendous.

I can't believe people are selling CUB at these levels and every day I become more bullish.

LeoBridge Impact
If you follow @FinanceLeo on Twitter, you've probably seen the teasers. If not, I'll show them to you.

It hasn't officially launched yet, but from the looks of it this is going to be sweet. By integrating LeoBridge into CubDefi.com anyone wanting to utilize the feature will be exposed to CUB. Additionally, a .25% fee will be added on to each swap and the revenue generated will go to buy-back & burn CUB & LEO at a 50%/50% ratio.

How much of an impact this has on the price of CUB will depend on how successful the bridge is and the volume of swaps. In the docs, it's clearly stated that the first version of LeoBridge will be limited. Swaps are capped at $1,000, but only to allow the devs to learn from and make improvements.

Diamond Paws
Just like with LEO, most earning CUB refuse to sell it. One of the greatest things about LeoFinance is it's community of diamond handed hodlers. When you get involved with CUB don't forget that this is a long term project. Yes, you will see new projects popping up on BSC almost daily and the token goes up 1000% but quickly drops back down. Those platforms are not built on true value, they are pumped by high yield chasers and then dumped when the returns fall.

CUB is holding steady in value and will gradually increase. This is preferable for someone wanting to guarantee long-term gains. Take my words and advice as my opinion and not financial advice. Do your own research and please at least look at Cub Finance if you haven't already.

Posted Using LeoFinance ^Beta