The hashtag may sound similar but no it's quite original 😛 While trying to summarize the message that I want to share with you, I thought that following an accustomed way may make things much clearer. Let's dive into it:
As crypto-enthusiast, we are familiar with nearly the same projects doing the same thing under different titles. When we specify the subject matter to the crypto-blogging aspect, the situation is even worse. What makes Hive idiosyncratic is the goal and project-oriented mindset followed by the authentic community members. Since we are at the center of all things taking place, we may not be capable of looking from the biggest picture to realize each detail.
Ushering in a New Era with LEO
While LeoFinance was growing steadily at the initial stage, naturally some people were concerned about the future of Hive as people thought that the growing interest in a new tribe may turn into a lower-priced coin and less reputation. However, what really happened is exactly the opposite. Leo is like a fabric producing new people for the Hive ecosystem with its inter blockchain token model (bLeo, wLeo, LEO), and, for many people, the solid fundamental behind is irresistible.
Why is it irresistible?
Because the current sentiment in crypto is attention and liquidity-driven as Dan stated in his latest post.
People with high enthusiasm and a decent amount of greed are seeking projects to make gains while De-Fi is still profitable as hell. At that point, LEO is coming up with second-layer solutions on Hive blockchain; connecting Binance Smart Chain (the hottest area) and Ethereum Liquidity pools with its native token. Here comes CUB.
CUB | The Gate for the Liquidity
With the growing Total Value Locked on the liquidity pools, CUB is paving a way for itself as a new-born project. When it comes to the benefits of CUB in Q1, you can see the coin-burn for LEO (%20) and Tribe Dens
The Q2 is taking another step to change the direction of the flowing money to the Hive ecosystem especially for Tribe and in-game tokens. Its necessity can be exemplified with a simple visual representation.
If there is not a whole circle, the money is likely to outflow eventually. Thus, it's necessary to direct the money into the circle and sustain it within the circle to feed each element of this growing ecosystem.
The Next Milestone
In my opinion, it will be the realization of the working products of the Hive ecosystem by the investors on Binance Smart Chain or Ethereum. Imagine someone in CUBDefi sees the name of CTP and search about it. Then realizes that there is a website; a blog on Hive, and Affiliate marketing tips everywhere. Similarly, another person sees the VIBES token and explores the community and sees the game RisingStar and creates a Hive account.
The reason why I think in this way is that the majority of the De-Fi platforms are solely based on speculation and invest-harvest mechanism. Put your money, collect the eggs, sell or invest and repeat. If the case is the same, why would the name of the project make sense? It can be Sushi, Kebab, Taco, Pizza, etc. Like a castle made of paper 💁🏽♂️
The Valuation of Tribe Tokens
The current liquidity of the market is extremely low for such projects. If we consider, the issue is the nature of the markets. People are not even aware of the existence of our Hive tokens and the token markets.
The liquidity pools are going to increase both the awareness and will help tokens to reach their intrinsic value. Under existing conditions, they are hidden gems waiting for being discovered.
Utility ✓ Community ✓ Liquidity ✓
The only missing piece of this puzzle is enough liquidity. When all the pillars are strengthened, I cannot imagine the number of new users, the TVL of CUBDefi, and the valuation of Hive.
Not even counting the upcoming massive effects of #ProjectBlank and #3Speak, the tribes in which like-minded people engage will be new Reddit with a realistic use case.
Everyone wants to be appreciated and rewarded for their actions and when they are rewarded with crypto (as in noise.cash), they are quite motivated. 2 attractive facts for socialization: Like-minded fellows and pragmatic sides. Thus, just an ignite will be enough for the rise of Tribes via CUB.
TL; DR
There was a need for the Hive ecosystem to get connected with other blockchain projects where the money is leading to. Over this concern, CUB took an amazing step with the De-Fi on Binance Smart Chain. So far, with the buy-back mechanism, LEO is getting a slice from the cake as of Q1. However, the upcoming Q2 will be a game-changer for Hive Tribes as there are going to be Dens for them on the De-Fi platform.
While money is flowing in the inner ecosystem, we need to create a whole circle to keep the money flow and flourish the growing projects without leaving the Hive ecosystem. Being the pioneer of this act, CUB is fixing the issue aforementioned. #CUBFixesThis
Posted Using LeoFinance Beta
I totally agree with you. The projects drew more attention to the Hive ecosystem. #CUBFixesThis
Sometimes, especially these days, I feel like something incredible is approaching. These are very exciting times.
Great post!
!ENGAGE 25
Dear the current bull-market is trigerred with De-Fi and thanks to CUB, there is a new bridge between the source of liquidity (BSC) and Hive ecosystem.
All we need is attracting and keeping investors in Hive to reach our fundamental goals.
Thank you for enriching this post 🥰
Posted Using LeoFinance Beta
This is a very intersting perspective that you show here. I can't wait for the Tribe Dens to become reality. If this happens, we will see a totally different dynamic for these tokens and probably a whole new array of users coming to these tribes!
Posted Using LeoFinance Beta
I believe that CTP will have one of the first Dens with Neoxian, Vibes and Actifit. If it happens, I'll start expecting 10x per each tribe token.
CUB is a promising bridge that excites me ^^
Posted Using LeoFinance Beta
When I look at the spread of ctp, I definitely would love to have some more liquidity lol. That would be fantastic and it would certainly help the token prices. I'm quite excited about it as well :-)
Your current Rank (30) in the battle Arena of Holybread has granted you an Upvote of 20%
I wanna to ask a question
Can I move Cub from BSC to Hive-engine ?
Posted Using LeoFinance Beta
As far as I know, CUBE will no longer be on Hive Engine. Thus, you may turn CUB into bleo and turn it into LEO ^^
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