A Night To Remember
Here is the item related to CUB Finance that is taking the Hive/LEO world by storm. Until I saw this link, I didn't see the chart of CUB token anywhere. CUB is only 5 days old, so it is understandble that many haven't seen the chart of CUB. So folks, here's your opportunity!
CUB was launched on the afternoon of March 8th. I was away from my computer at the time, but I started to notice the webpage and all the rush during the first evening. This was well before the airdrop of course, and it took me a while to decide what to do. The webpage is gorgeous and self-explanatory with excellent documentation of course. But, my main hesitation was, to stake or not to stake. I am not new to the liquidity pool at all. I was in uniswap, and even for several months at Pancake Swap. Still I hesitated. As I was procrastinating, on the first night, a massive rally began to take place. I saw in awe as the price rallied from $4 to $14 in 6 hours! I did stake a tiny bit on the first night, but nothing like I have heard a lot of other people did, especially the core members of the Leo team. I applaud their courage!
Then from the morning of the 9th, the price look a steady decline, and I continue to reevaluate my game plan. At this point I was confident that I will stake substantial amounts, but the question was when. The first thought was of course the Airdrop, which people were eagerly anticipating. Personally, I didn't have much Leo staked (only about 4600), so that was not my issue. I was mostly thinking that after the airdrop, there will be sell off, and I can buy the token after that sell off. In the mean time, the other element I was concerned about is the CUB token's Emission Rate.
The above token economics suggests that CUB will generate at 3 tokens/block during the first week. As a stakeholder, this is the most lucrative week to collect tokens and stake more. See, this concept works in the opposite direction of waiting for a price drop, because that takes time. But that time erodes from the time a stakeholder can be in the pool for week 1. I staked a bit more, but still largely waited on the 11th. I saw price stabilised around $3.5 and slowly began to rally. Also TVL (Total Value Locked) for all the farms continue to rise. At this point I decided to pull the trigger. I started to buy CUB by moving a lot of my idle crypto assets which were stagnant in many exchanges and wallets. The night of the 12th turned out to be an exciting one. As many of us discussed CUB, and watch our assets grow. At this point in time, I like the health of the token and the farm. TVL is currently 9.5 Million and steadily climbing. With still 2+7 = 9 days to go before CUB generation gets to 1 token/block, I say there is a long way to go.
The thing that I enjoyed during the last couple of nights is the sense of community, and deep connections that some of us felt over discussions of economics, crypto, financial freedom, books, movies and just pure fun. Without this social network of Hive, I don't think this would have been possible.
Hey! Connection can be various types, that is all that I am saying :)
Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.
Charts are created in Tradingview.com, which is a free service.
That’s solid man! This is you first comment in 1 month I think :) totally worth it
Is bhai the pink one??:vv
thats dada! 😁
Hi reazul, i was seeing your he.dtools.dev and wanna take some doubts how i contact you?
I am available on discord at
reazuliqbal#1149.Good luck everyone!
Nearly 12K in now ;)
It is all about price stability and this will happen when the ARP become more stable too
Posted Using LeoFinance Beta
TVL has increased since then, at 11.4M now!
And loved last night! It was fun all around!
Yeah I wrote this late last night :)
Hey @azircon, even I thought the price would tank after the Airdrop but I think it was a really smartmove to Drop very less tokens to LEO holders. For me, I joined the platform a few weeks back so did not even get the time to mobilize my funds to invest in LEO. So I bought a few CUBs on HE to invest. All in all, it was a crazy experience all together. Made some friends, increased my following count, reputation number and my rewards through engagement and content creation. It was a lovely experience and I am already addicted to the place. Learnt a lot in the past two-three days and enjoyed every bit of it.
I actually have the similar feeling and this is what matters the most. 🤩
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Yeah, stick around. People are cool here
Welcome to the Pool, it's a great project and the community is strong. Lots of advocacy. I don't think it's full potential won't be realised for another year at least. But it will rival uniswap and the like.
It wont be long until it meets pancake swap value, I'd anticipate once the blocks reduce it will start increasing.
Posted Using LeoFinance Beta
I like Dino Comics!
It is very exciting. I too was hoping to get in a bit more on a dip after the airdrop but when that didn't happen shuffled over some of my stuff from exchanges and the like where it was sitting idle. I am loving the farming!
me too! I am producing 900 baby lions now per day!!
Cor blimey. You are the Lion FAther!! :OD
900 :O
I always feel poor if I read something like this :D
Btw, thanks for sharing the chart site :)
What a night to remember indeed