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RE: What's Going to Stop the Decline of the Cub price?

in LeoFinance4 years ago

I think most hive people got taken in by Cub because most didnt use defi until then. Let's remember Cub forked pancakeswap, so there wasnt an inherent reason it should moon. What Cub did to start is what 100s if other forks did. It's a first in first out profits. Almost none if these copycats had any substance and ppl lose tons on trying to be first and dump on others.

Cub does have something now that burns Cub with the bridge.with almost no marketing it wont be enough.

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Yes there is a lot of shipwrecked DEFI projects out there!

Cub does need something to keep it fresh for sure. That bridge seems to have done nothing.

Posted Using LeoFinance Beta

If they could advertise the bridge and get 10s of millions of USD going through it each day, and the fee is 1%(.75% burns Cub) then we could see more Cub burned per day than emitted per day.