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RE: Are You Hodling HBD and HIVE? How to Earn Over 53.32% APY, Paid Daily

in LeoFinance • 2 years ago

Quite the opposite, actually. I highly recommend reading the 1st CUB Monthly Burn Report which outlines the strategy of the Multi-Token Bridge: https://leofinance.io/@leofinance/cub-s-first-monthly-burn-report-or-august-2022-204k-cub-bought-and-burned-50-yield-on-hbd

The strategy is utilizing the Bridge to generate revenue from:

  1. Wrapping fees
  2. Arbitrage revenue
  3. Oracle staking

Then, buyback and burn CUB with the revenue. Since implementing this strategy ~500k CUB has been burned

image.png

https://bscscan.com/token/0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1?a=0x000000000000000000000000000000000000dead#tokenAnalytics

Posted Using LeoFinance Beta

2 years ago in LeoFinance by
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     2 years ago  

    OK. Thank you. The way it was written made it sound to me (being somewhat the defi challenge) as though the focus had shifted from CUB to the Hive tokens. 😂

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       2 years ago  

      Lol yeah glad to help!

      Nope CUB is being paired to bHIVE and bHBD and simultaneously, bHIVE and bHBD generate a disproportionate amount of revenue for CUB which burns CUB daily

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