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RE: Why CUB got hammered

in LeoFinance4 years ago

Because CUB is built on pancakeswap, it is difficult to offer more value. Higher apr is not everything. Also, I think pancake profits way more than cub.

IMO CUB could handle BSC/ETH transactions for Hive. As a swap exchange. It would offer value to Hive, generate fees, burn cub.

Sure it's not a classic defi thing, but an add-on that brings value in. Easy Deposit from Hive to BSC and vise versa. Would be Amazing IMO, special with smart contracts at some point and a lot of backed other cryptos on Hive.

Another thing I would like to see is an official step-by-step guide ( or infographic) on how everything works. For newbies. + Dates about the Token Burns, they look so random to me.

What I can see, that could add a lot of value is contract highjacking. Looking for the best and highest APR contracts on BSC and add them to CUB. Low multiplier for cub token like 0,5, as a little extra.

Everytime something new pop up, like Auto ( remember from 70$ to 10k$) Cub user can ape in, if they want.

Newer projects start most time with 10 000% first days. Cub could the place to farm this stuff first hand.

Would need some good research + mark from "super high risk" to lower risk.

For example some pancake swap thing has maybe lower risk as a new defi pop up :)

Why do I think this could work? because of the synergy Leo and CUB have together. Would be also super interesting for people that are not already here.

Because Yield farming is a short-term thing, people would go from one to the newer one. Generate fees, Burn Cub. A service that adds value to the system. And nobody cares about a new DEFI that offers 10k% APY to pay some fees ( 2%-4%) :D

Posted Using LeoFinance Beta