Hello CUB's. It's CUBLIFE Friday and that can only mean 1 thing, Crypto Gansta time. That's right, Fridays from @lbi-token from now on are dedicated to CUBLIFE so put on your sunglasses, wear a hat backwards and shout "WU-TANG" at anyone that tries to interrupt you while reading this.
CUBLIFE is a crypto gangsta's paradise where the game is crypto farming and catching those big APY's. LeoFinace is our block (hood), Khal is our pimp, BSC is our dealer and the Leo community CUB's are our homies. If your down like Charlie Brown and understand to get gains, we need to suffer some pains, then you're too cool for school and investing in CUB is the only way to show love.
CUBLIFE airdrop
The first CUBLIFE (CL) tokens were airdropped 5 days ago to all LBI token holders with voting rights. We issued around 5200 CL tokens valued at $1 each, AMR's code has been snapshotting CL balances every day to create a weekly average balance for each token holder that we use for distributing weekly LEO dividends. Today, we had our first dividend payment and everything went smoothly, everyone's been paid and no changes are required.
Frist Dividend payment complete
This first weeks dividend payment is based on 5 days worth of CUB farming so next week we can expect the dividend to be around 30% better based on today's prices. With that said, for 5 days worth of farming and a declining CUB price we did well.
Looking at the holdings. You can see "Held" which show the amount of token are LP token we hold, current AYP at time cashing out, the % that LP/DEN is of the CUBLIFE wallet and the LP/DEN values in both LEO and dollars. As the price of CUB has declined a little, our total wallet value has dropped by roughly $250 in the past 5 days.
In the second table, you can see CUBLIFE earnings and the breakdown. After 5 days of farming, we collected 61.12 CUB. 36.67 were converted to bLEO and 24.45 were reinvested back into CUBfinanace. The 36.67 CUB got us 107.33 LEO to the @cublife account and then finally, we send 1/6th of that amount to @lbi-token as the operator fee for my time. The remaining 5/6th's of the 107.33 LEO is the weekly dividend Pot.
The 2 last columns are CUBLIFE (CL) token stats. Working from the top down, you can see how many CL are in circulation, the LEO, HIVE and dollar values, the CUBLIFE wallet total APY and finally the CL token APY. I am saving all these numbers and in the future when enough weeks have passed, I'll put together a few charts to show how APY's, CL token values, etc change over time. We would expect APY's to decline over time as new things are introduced to the platform and more money gets locked up.
CUBLIFE (CL) Presale (LAST WEEK)
Currently, only LBI token holders have CUBLIFE (CL) tokens but in 1 week, CUBLIFE goes public and our doors to everyone. You can get involved by sending any amount of HIVE, hivep or LEO to @cublife and on the 21st you will receive your brand new CL tokens.
Thank you for taking the time to read this post, if you have any questions please ask them below. It's been a good first 5 days and the token is producing a 50% APY paid in LEO for CL token holders. I feel i dont even need to sell it, for anyone interested, you can see the APY's before to get involved with the presale.
Posted Using LeoFinance Beta
This is looking great, dividends well received! WU-TANG!
This is looking great, dividends well received! WU-TANG!
My Gee, we gonna bop this CUB sheet and get cake for whips with spinny wheels and take care of our baby mama's.
WU-TANG!!
Posted Using LeoFinance Beta
I'm still in a slow roll buy some more, and am looking forward to reinvesting my dividends.
Damn right, compounding little and often leads to bigger bags
Posted Using LeoFinance Beta
One of the best notifications I've ever had ^^
Thanks everyone for your precious efforts 😌
Posted Using LeoFinance Beta
No worries my friend :)
Thank for checking out the post and leaving some feedback
CUBLIFE!!
Posted Using LeoFinance Beta
Thanks for the dividends and I look forward to getting the extra tokens next week.
50% APR is great for the first dividends. I do think the the APR will differ more or less on the price of CUB. But since we are re-investing and dollar cost averaging every month, we should be fine.
Posted Using LeoFinance Beta
Yep, 50% for 5 days and CUB fall a bit so next week should be better if Kingdoms are released by then :)
Posted Using LeoFinance Beta
That's already great indeed and was wondering what time frame it was. 5 days only.. looking forward to the next one!
It's weekly, every Friday at 10pm UTC
This was was 5 days because we only started on Monday :)
Posted Using LeoFinance Beta
Yeah exactly, will be way different next time and even more different after the actual group sells.
Doing really well team! Great time to be investing and buying in with CUB so low
Posted Using LeoFinance Beta
Very good @lbi-token. Just finished my pre-sale investments into your new venture:
170 HIVE: https://hiveblocks.com/tx/82190c360a8e18bc97df72431fe489bef2cdea2a
1,000 LEO: https://he.dtools.dev/tx/8319526c56ee7db7d517543cf4b03aff99d8ed31
Onward and upward! 🦁🚀
Posted Using LeoFinance Beta
Awesome, got mine just as promised. Cheers!
Your welcome
Posted Using LeoFinance Beta
You have my name spelled wrong. The proper spelling is
sgt-dan. Don't want to miss out on my dividends. 😉Posted Using LeoFinance Beta
Nah, thats cool. This is just an excel sheet i use to track the presale. I'll get that fixed over :) Thanks for letting me know
Posted Using LeoFinance Beta
50% APY is really awesome. You guys are the best. looking fwd to the 1st divs payout
You should got a small div already by the time this post was out, did you?
Posted Using LeoFinance Beta
Yh. Actually did. Just saw that. Sweet
hey quick question, can i send swaphive? for cublife? and if yes where do i send them? (the lbi-token account?) and with a specific memo like cublife?
Posted Using LeoFinance Beta
"How many gangsta puns do you want in this post?"
LBI: "Yes"
:)))
With CUB's price scraping the bottom I imagine the APY will only improve from here so I'm excited to see how things progress :D
Posted Using LeoFinance Beta
As im i. I can't wait till next week till the proper launch takes place.
And I got puns for days. Everyone's a gangsta till they gotta do some gangsta shit. Remember, watch your back, old friends can become new enemies, you feel it?
CUBLIFE
and LEO, let's not forget the LEO.
Posted Using LeoFinance Beta
The return is higher than I expected !
Really great project ! Once again, I'll follow it, and probably compound it by sending my Leo earnings for a while !
Should be a little better next week if CUB recovers some. Thanks for the comment of support :0
Posted Using LeoFinance Beta
We're all hoping cub to recover some, a little $4 would be loved but a tiny $2 would already be great ^^'
I only understand about 50% of all this but I think it's a great project and see where it's gonna make me some money in the long run.
Exciting!!
Posted Using LeoFinance Beta
I haven't even checked my wallet to see how much I've got but I'm already excited! The dividends will be compounded to buy more for sure! What a great news to wake up to!
Thanks a lot SSUK! You're gold!!! I really appreciate it!
Posted Using LeoFinance Beta
Should have arrived safely i hope :)
The monthly group buy every month should be a different way to issue tokens, we'll see how many others compound down. Wish i could forward 1 week, lol.
Thanks for your support and nice words. I like gold but I prefer silver, haha
SSUK
Posted Using LeoFinance Beta
Tell me about it! Me too! :)
Posted Using LeoFinance Beta
Thanks for the report! You guys are doing a great job with this project!
Definitely going to get some more CL soon
Posted Using LeoFinance Beta
Great stuff,
yep we keep trying, some a good idea's some are bad, this good to be one of the better idea's. Cant wait till the proper launch !!
Posted Using LeoFinance Beta
💥 Boom ! 💥
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta
The ball is officially rolling. Like I said before, Leo got me LBI which got me CubLife which gets me Leo. When it's all said and done, I'm hoping I'll end up getting a good chunk of my LBI for "free". How great of an investment is THAT!?! Off to a good start. Seems to be a theme with your projects. Going to be fun to read these every Friday, followed by the Leo report over the weekend. Now is a great time to be adding Leo in my opinion so the timing is spot on for this project.
Posted Using LeoFinance Beta
Let me continue that....
Which can be turned into CubLife again 😂
Posted Using LeoFinance Beta
That is certainly true, although I'm just going to bank the Leo for a while. I've got my own Cub holdings and obviously LBI has a nice stake as well. I got my Leo stake just shy of my actual goal and I haven't been able to get it any higher because I keep spending it on stuff. LBI, Cub, bLeo pool, wLeo pool. Time to take the Leo up to the next level so the upcoming airdrops pay me more....
Posted Using LeoFinance Beta
Oh yeah, and I can't forget to mention the "fee" LBI gets for this. Another income stream. Gotta love it!
Posted Using LeoFinance Beta
I do have a certain theme I guess. The more token projects released, the more I see it myself.
Thanks for the awesome comment and kind words.
Posted Using LeoFinance Beta
.
Your post was promoted by @jfang003
Awesome
Posted Using LeoFinance Beta
I have received my small share of LEO and am looking forward to getting my CLs to increase revenue in the long run!
CL will grow together with the CubFinance family and I will stay calm and observe everything from my pc! Mythical! :P
Posted Using LeoFinance Beta
Great stuff yo. Holdig my cub life tokens close, pump it ser
Posted Using LeoFinance Beta
Hey how exactly do I get involved with this presale? Just had a look at a couple of posts but Im slightly confused. Do I have to buy lbi token and then send it to a specific account?
sorry if Im just missing the obvious...
Posted Using LeoFinance Beta
Thanks for the dividends and I look forward to getting the extra tokens next week.
Since we are re-investing and dollar cost averaging every month, we should be fine.
Posted Using LeoFinance Beta
may i ask... the airdrop is done, i mean LBI hodlers will not get any benefits from holding their LBI tokens any more,correct?...can we send LBI tokens for CL?
Posted Using LeoFinance Beta
Not bad. A easy way to hold cub on hive :)
Posted Using LeoFinance Beta