The Future of CUB | An Update Like No Other

in LeoFinance2 years ago

▶️ Watch on 3Speak


On this week's AMA, we talk about our good friend CUB Finance.

Many of you may be wondering "Has LeoFinance completely forgotten about CUB on Binance Smart Chain?" and my short answer to that question is absolutely not.

All of the features that have been pushed onto PolyCUB will also be pushed onto CUB. CUB will feature:

  • Multi-Token Bridge (bHBD, bHIVE, bRUNE...)
  • Protocol Owned Liquidity
  • CUB Bonding
  • CUB Governance

Multi-Token Bridge: Value Accrual Like No Other

PolyCUB's Multi-Token Bridge model is already proving to be a massive value accrual machine. POLYCUB is now earning thousands of dollars each month through wrapping fees, on-chain staking and arbitrage for pHBD.

pHBD is just one token in this model. pHIVE was just launched last week and is gaining liquidity.

This whole model will generate tens of thousands of dollars in revenue for PolyCUB's Protocol Liquidity which buys POLYCUB each month and distributes it to the LP Incentive Pool.

This entire model is built to be ported right into CubFinance. The key is getting it all deployed in a sort of "Testnet" environment. That environment is PolyCUB: we're able to deploy each contract one at a time and allow it to perform well and build protocol value. Then when it's all deployed, we hit a few buttons and port it all back to CUB in one single, massive update!

The Vertical Stack Model

The point of the "DeFi Stack idea" is the idea of testing continuously integrating. This process will happen a lot faster and smoother than if we started from the bottom up each time, tested it, then integrated it.

The big roadmap of features on PolyCUB is the focus right now then basically will be pushed to all the other platforms in the DeFi Stack.

We talk about this and more in this clip from the Weekly AMA!

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
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Whitepaper: https://whitepaper.leofinance.io

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Join Web3: https://leofinance.io/
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Polygon HBD (pHBD): https://wleo.io/hbd

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io


▶️ 3Speak

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Indeed, it's been a long time for any update about CUB and good to know that you're working on that too silently. As you shared here that all the features that are in polycub will also be added in CUB which is so good. I expect with this things will be better in cub and this BSC-based Defi will get more attention and grow in terms of value.

Posted Using LeoFinance Beta

The future of Cubfinance is playing out on Polycub. What is built there is going to be carried over. That is the key for everyone to remember.

It is not "if" but "when".

Posted Using LeoFinance Beta

Truly, anyone that is not positioned to enjoy the rise of CUB is doing so at his own peril. There has been a long time for anyone to buy into the Project.

Posted Using LeoFinance Beta

Truly CUB would make many rich. A lot of investors have not toyed with stacking CUB while the "neglect" happened.

Posted Using LeoFinance Beta

Hi @khaleelkazi
Today I was thinking the same as why there is no update for CUB and is the CUB project is not a priority anymore for Leo team.

All of the features that have been pushed onto PolyCUB will also be pushed onto CUB

Wow. This brings a good amount of excitement and I think this delay is worth as I believe you have been working on it but did not share update.

Thanks for sharing the update and I look forward to get these kinds of stuff going live soon with Cub Defi.

Posted Using LeoFinance Beta

I've been doing some DCA with CUB. Staking it while they're worth almost nothing is sweet.

Posted Using LeoFinance Beta

An excellent and timely reminder that Cub is not dead

Posted Using LeoFinance Beta

CUB is not dead.

Posted Using LeoFinance Beta

I for one am going to accumulate cub because of this eventually mega update. It's probably a fair few months away I would think but hey that's more time to build!


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Not a bad idea. People need to realize sometimes getting in when things are beaten up is a smart move.

Posted Using LeoFinance Beta

My sentiments exactly. If anything, whatever opportunities we missed with earlier coins and tokens we can catch with CUB.

CUB will be OK long-term. That I can tell you!

Posted Using LeoFinance Beta

Yes, the idea must be hinged on a long-term mindset.

Posted Using LeoFinance Beta

CUB was made for DeFi as a long-term project. As the lynchpin for future development, it remains a long-term project.

At the moment, although the knife finally hit the floor, the CUB price had fallen into memecoin territory.

This puts CUB in the unique position of long-term token with memecoin price. It's like killing two birds with one stone. Eventually the CUB price will return to where it would normally be (no longer in memecoin territory). Even though the knife kept dropping for a while, this is why I was excited to buy CUB last week.

For me, CUB is a HODL except in cases where I take profits.

Posted Using LeoFinance Beta

That would be Smart. I personally see CUB growing bigger than PolyCUB on the long run because of its link with BSC.

Posted Using LeoFinance Beta

Great news @khaleelkazi 😎 a lot of people will like this update 🤩 thanks for letting us know.

I have more Cubs than Polycub 😉

Posted Using LeoFinance Beta

Keep in mind CUB is still the metric for airdrops. So when new ones occur in the future, they will end up giving you more of the other token.

Posted Using LeoFinance Beta

Aha good to know, I will keep it in mind, thanks @taskmaster4450le

Posted Using LeoFinance Beta

Always reminding you.

This is starting to become a trend.

Posted Using LeoFinance Beta

Hahaha still learning 🤓 but fast…

But I knew more would happen with CUB, that is why I bought them and hold on to them 😉

Posted Using LeoFinance Beta

Smart move. You will also get airdrops based upon the CUB holdings.

So it serves multiple purposes.

Posted Using LeoFinance Beta

Yes, it will.

It’s great that Khal mentioned it again, most forgot about CUB, and were focussing on other projects, but it is just another project that will get attention soon and will see grow in more directions.

Will be holding on 😁

Posted Using LeoFinance Beta

This is one reason I've been focusing on CUB rather than PolyCub. That and my head hurts.

Posted Using LeoFinance Beta

Do you have an idea of the total CUB that would ever exist?

Posted Using LeoFinance Beta

Same here. Holding more Cubs looks real for many. I think there were more CUBs than PolyCUB in total supply.

Posted Using LeoFinance Beta

Let’s just hold on to them and try to add, especially now the price is so low.

Posted Using LeoFinance Beta

Honestly I'm glad that a lot of people have forgotten about CUB. Just more time for me to build my stack on the cheap.

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Just more time for me to build my stack on the cheap.

That is how the "lucky" think.

If all goes well, you will be one they accuse of being lucky for being able to "buy CUB so cheap".

Of course, when people say that they presume they would be buying at low levels. As we know, most do not.

Posted Using LeoFinance Beta

Can’t wait, I’ve been out of the loop late but cub is my jam. It helped me learn bnb. Great project!

Same here! It's also a good vehicle to introduce people to DeFi and then Hive.

Posted Using LeoFinance Beta

Indeed a powerful one. Another opportunity to gather the DeFi based Bitcoin.

Posted Using LeoFinance Beta

I would be the happiest about all these features coming to CUB. Would be nice to see $CUB above 30 cents again at least.
It kinda hurts knowing I bought some of these baby lions for 3.50$
Push'em updates and let the CUBS surge :)
Thanks for doing all this great work, I am still a cub and polycub maxi if it comes to DEFI. I am just too much of a coward touching anything else. At least here I know I will not get rugged. (Or will I )

Posted Using LeoFinance Beta

Not you alone. Certainly, a $1 CUB would sure be possible. However, I do not know if CUB was designed to be as scarce as PolyCUB with only 7 million supply to ever be possible.

Posted Using LeoFinance Beta

Felt like we got a shiny new toy and we just moved on from the old one. I understand CUB is a very long term project so that makes me have some faith that we'll get some updates that'll help get our eyes off how low the price is.

Posted using LeoFinance Mobile

The shiny new toy is the development platform. What is built there is also development for Cubfinance and all other blockchains the Cubworld rolls out to.

Posted Using LeoFinance Beta

With the integration of bRUNE, bHBD, bSPS, CubDefi would ba another big name with big value in the DeFiVerse.

Posted Using LeoFinance Beta

PolyCub is looking great to me, I can swap and stake and farm and what not everything. Add more networks and the utility will keep exploding, love it.

Keep up fellas, great stuff :)

Still needs work but it is shaping up nicely. The foundation is in place. Need to keep adding new features and pools.

Getting the pSPS pool could help.

Posted Using LeoFinance Beta

I don't know, some people shill it for what it not is, a get rich quick opportunity.

But it's not that easy to just throw coins around between chains without hitting CEXs, Leo is doing that very well. Just sain, that's a lot already.

I think Polycub will grow a lot quicker than people think. It will take the first breakthrough to get the buying pressure on PC going.

This will end up translating to Cubfinance. Once people see it happening on Polycub, I bet they try to frontrun and get CUB.

Posted Using LeoFinance Beta

I know the CUB has not been forgotten, but hearing this from you has been very important to many.

I look forward to all the features pushed onto PolyCUB to be pushed onto CUB as well.

PolyCUB is on its way to being the best, but CUB has a special place for me.

Posted Using LeoFinance Beta

CUB is where I first learned about DeFi. Not that I did anything immediately, but that's OK. When I finally decided to get into DeFi, I went with CUB. This also allowed me to get familiar with the BSC ecosystem featuring BNB as the native token as well as PancakeSwap as a DEX available at BSC.

Posted Using LeoFinance Beta

Many of us have the same thoughts. CUB is not the first for me, but it is the project I am most excited about.

Posted Using LeoFinance Beta

For me, it's gonna be a double win with CUB. I was airdropped over $300 worth of CUBs at the start and this V.2 would be another Wealth band.

Posted Using LeoFinance Beta

I think I am very optimistic about CUB. There may be very good developments in CUB in the coming days.

Posted Using LeoFinance Beta

Dead? It's gonna be a robust DeFi platform when it matures! Gotta grab some more Cub to get those sweet, sweet airdrops!

Posted Using LeoFinance Beta

Gotta grab some more Cub to get those sweet, sweet airdrops!

Something that is being overlooked by many at the moment. That is part of the future.

Posted Using LeoFinance Beta

Long-term is always better. 3- 5 years down the line, investing in CUB and PolyCUB now would be as good as buying Bitcoin in the early 2000s.

Posted Using LeoFinance Beta

Glad to see, I was becoming worried about CUB. The last time I checked the cake vault wasn’t working. My cake stakes were static without increase in quantity

Posted Using LeoFinance Beta

Lack of activity on the CAKE side was related to lack of activity on the CUB side? I wasn't expecting that. I'm glad I hadn't put anything into CAKE yet.

Posted Using LeoFinance Beta

I personally bought CUB at $3 to $1 and it went down and I thought I lost everything. The growth of PolyCUB made me reason that CUB would be revisited.

Posted Using LeoFinance Beta

Looking forward to PolyCub integration onto CubFinance, still have my CUB in Kingdoms there.

Posted Using LeoFinance Beta

Cool. It looks even more profitable to gather more Cubs at $0.05.

Posted Using LeoFinance Beta

I think so as well load up on a lot of CUB now for when things really gets exciting on CubFinance

Posted Using LeoFinance Beta

It will be interesting to see how porting over the features of polycub effects cub and where we go from there. Right now I'm pretty much building up as much as possible. At these low prices its a small risk investment for what could potentially be massive in terms of the uptrend a year from now.

Posted Using LeoFinance Beta

Have to turn around Polycub first. LOL

That is not exactly a screaming success at the moment (although I am not worried). Added more xPOLYCUB last night to my holdings.

Posted Using LeoFinance Beta

It seems like it was turning around but the market took a massive 1 trillion dollar hit which offset it. I think we should start seeing the price climb slowly again now. But I do agree the team needs to start finding ways to make the token more valuable or reduce emissions until it starts taking off. These low price points don't attract anyone.

The token emissions are happening on Polycub, not on Cubfinance.

It is just a matter of bringing stuff out that gets the TVL moving upwards. That is where the true value will come from.

Perhaps the pSPS pool will pull a lot over to Polycub. That could really help things along.

Posted Using LeoFinance Beta

I'm all waiting to raise my bar with a huge xCUB as I will stake CUB early enough while the ratios are still small.

Posted Using LeoFinance Beta

It's been said that fortunes are made during bear markets. This definitely fits the description for CUB. The time to buy CUB is now at these fire sale prices.

Once word gets out courtesy of this post by @khaleelkazi, I'm expecting the CUB price to rebound. Not immediately, but enough to at least get back to February 2022 levels.

Posted Using LeoFinance Beta

You make money on the buy, get paid on the sale.

Posted Using LeoFinance Beta

This is true. I would be making money as long as I held the CUB as it went up in price, but I would get paid the moment I cashed out.

Posted Using LeoFinance Beta

It will definitely be something cool to behold and to be a part of.

Posted Using LeoFinance Beta

That's awesome Polycub earning thousands from wrapping fees, on chain staking. Now there's going to be a mega update for cub. The futures certainly looking bright for Cub !

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Awesome. Great seeing there are still plans for Cub. Integrating similar features of polycub to cub is good development

Posted Using LeoFinance Beta

Almost thought cub has been completely forgotten has there has been no new update and development over there. Quite exciting with the new features billed to happen

Posted Using LeoFinance Beta

Why did you think that? It is repeatedly said that what is on Polycub is going to be on Cubfinance (and the other chains they roll out to).

This is stated in some way on almost every AMA.

Posted Using LeoFinance Beta

Guess I didn't see that or the announcement just made me believe more

Posted Using LeoFinance Beta

Exciting update with the plans to deploy features as seen on polycub to cubfinance. I expect things to pick up for the better on cub with this.

Posted Using LeoFinance Beta

I see this update coming live in a few weeks ahead. There's excitement in the air.

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So cub will also go on defi 2.0 and cubholders will get xCub airdropped?

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xPOLY was not airdropped; POLYCUB was.

No need to airdrop CUB since it is already distributed. People will likely be able to stake their CUB to xCUB, and watch the go up forever mechanism take place.

The next airdrop will be for the next blockchain the eventually roll out on.

Posted Using LeoFinance Beta

I think xCUB would come as a result of a CUB holder staking it.

Posted Using LeoFinance Beta

It great seeing another turnaround for CUB. Thanks for the update

Posted Using LeoFinance Beta

I'm wondering if there will be xCUB on CUB Finance? xPolyCUB is my favourite, I would love to have xCUB launched too.

Posted Using LeoFinance Beta

I would say that is in the cards. It only makes sense to bring that same DeFi 2.0 mechanism to Cubfinance.

Posted Using LeoFinance Beta

Now to make sure there are no gaps across chains. If, for example, Polygon (MATIC) has these tokens (POLYCUB, xPOLYCUB, pHIVE, pHBD, pLEO) there should be corresponding tokens across chains (Ethereum, BSC, Hive, whatever else is in the pipeline).

Posted Using LeoFinance Beta

This is really nice and a good way in promoting Cub with exciting features to enhance the progress to another level.

Posted Using LeoFinance Beta

Thanks for the update.

Awesome! It would be very exciting to see features that are built on Polycub transfer to Cubdefi on BSC. We will get more attention to CUB when we have those features. It will definitely have a positive impact on Cubdifi, and we can see its effect on the CUB price.

Posted Using LeoFinance Beta

With this update and the response here, it is possible for CUB to do a 2x in it's price over the next few weeks even before the deployment.

Posted Using LeoFinance Beta

Great news! I knew you get back around to it!

Posted Using LeoFinance Beta

They never abandoned it. The development on Polycub is development on Cubfinance. Just a matter of porting thigns over.

Posted Using LeoFinance Beta

I agree, not abandoned, just not a focus of attention for a bit.

Excited to see the changes merged.

Posted Using LeoFinance Beta

Need to get the changes on Polycub first. That is taking a bit longer than many like. But alas, it is the world of development. Hopefully we see the pSPS pool coming out soon. That could really help things along.

Posted Using LeoFinance Beta

The impression I'm getting based on comments here and elsewhere is that PolyCub was being developed as a production token, not as a token with its own testnet.

PolyCub is the testnet, but many were under the impression it was its own mainnet. This may have led to the impression that CUB was getting neglected. I know I had that impression, but all I was looking at was the knife drop in the CUB price.

After reviewing this post and comments, I can say that was not the case. Stack that CUB!

Posted Using LeoFinance Beta

Glad to learn what are in the works for CUB. Now the hodlers won't feel too left out from the developments going on.

Posted Using LeoFinance Beta

thanks for being so active with all the projects!

Can anyone tell me in simple words what's the difference between bonding and putting LPtokens into farm or kingdom?

I'm really happy there's some update on CUB

My biggest question with porting everything over to CUB is if anything will be done with the emissions. Or, if anything even can be done with them. CUB obviously doesn't have a "halving" like PolyCUB does which means that it will continually inflate and add to the total supply. At these prices, that can ultimately be eaten up by the PoL but...we want the price to be significantly higher than this, obviously.

So, I'm just wondering how that will factor into things. Will the PoL buy and burn CUB? Will the bridges burn it? If this has been addressed on the AMAs then sorry. I haven't had time for the last month to do anything other than work in real life.

Posted Using LeoFinance Beta

You asked very good questions, indeed!
I also have the same concerns, because CUB model is quite different with pCUB model.
We need to see a clearer roadmap for CUB this year.

Posted Using LeoFinance Beta

Interesting question. I hope Khal or someone else who's schooled in the tokenomics of CUB.

Posted Using LeoFinance Beta

It's one thing to buy the dip for CUB, but the CUB price had been falling like a dropped knife passing though ATL after ATL in recent weeks. I'm glad to know that CUB has not been forgotten.

Now that I know development is taking place at the testnet (PolyCub), I can tell people that CUB itself is in drydock waiting for its retrofit and upgrades. Being at drydock takes a while, so it's important to be patient as we wait for its retrofits and upgrades to be done.

A ship can be in drydock up to 2 years as it undergoes its retrofits and upgrades. It won't take anywhere that long with CUB, of course, but what kind of time are we looking at?

Posted Using LeoFinance Beta

Now this is what I'm talking about. Good stuff.

Posted using LeoFinance Mobile

Really good stuff.

Posted Using LeoFinance Beta

I was wondering why development is so slow let it be polycub or cubfinance. Then it struck me that the very first cubfinance on BSC is 1 (one) year old.

The leo ecosystem is a black hole which slows down time, and sucks you in if you go too close.

Posted Using LeoFinance Beta

Very exciting news. I had missed out from the early boom of PolyCUB because I didn't have enough to earn from the airdrop and couldn't as well buy more.

The CUB dip has given users like myself the leverage to get positioned for the new version of CubFinance.

Looking forward to the governance, bonding and multiple vaults on CubDefi.

Posted Using LeoFinance Beta

I am excited to see this happen:

This entire model is built to be ported right into CubFinance. The key is getting it all deployed in a sort of "Testnet" environment. That environment is PolyCUB: we're able to deploy each contract one at a time and allow it to perform well and build protocol value. Then when it's all deployed, we hit a few buttons and port it all back to CUB in one single, massive update!

And...This sounds like the Soonest of the Soons:

Posted Using LeoFinance Beta

So you will create a RUNE trading pair on Binance?
What do you think the response of RUne holders will be?
Will they sell their Cub into Rune?

Posted Using LeoFinance Beta

In light of the Luna UST situation, it would be great to see you do an article on Hive Back Dollars protections against similar attacks.
Thanks

Posted Using LeoFinance Beta

Which one will be most successful?

Posted Using LeoFinance Beta

I think PolyCUB has a brighter future due to its reduced emissions and cap of 7 million total supply.

Posted Using LeoFinance Beta

I look forward to learning more about this:

The point of the "DeFi Stack idea" is the idea of testing continuously integrating. This process will happen a lot faster and smoother than if we started from the bottom up each time, tested it, then integrated it.The big roadmap of features on PolyCUB is the focus right now then basically will be pushed to all the other platforms in the DeFi Stack.

During the AMA.

Posted Using LeoFinance Beta

Question on this:

PolyCUB's Multi-Token Bridge model is already proving to be a massive value accrual machine. POLYCUB is now earning thousands of dollars each month through wrapping fees, on-chain staking and arbitrage for pHBD.

How does this help increase token value?

Posted Using LeoFinance Beta