I think your right , the price of Cub is really bad right now.
I wish I had practiced better loss management now.
However I think the project can be saved with many of the options being placed on PolyCub.
I have hope in these updates:
The plans to bring everything on PolyCub to Cubfinance once the polycub software is battletested enough to safely deploy it in bulk onto Cub.
I will be interested in the effects of farms focused on bringing value into Cubfinance and limiting opportunities for capitol outflow by incentivizing purchase and staking of Cub.
Other features like collateralized loans, project owned liquidity, token scarcity due to permanent sequestration and multiple streams of income for the project to increase value of Cub.
I think you are clearly right about the price of Cub, but price is not the same as value, it is simply price.
People pay thousands for NFTs at the height of the recent bull market, which have cratered in price.
I think Leofinance is building value, utility and community.
I think price is what you pay, value is what you get.
I understand your opinion that Leo and Cub have no value, but I think the price will catch up to their new value once PolyCub changes come to Cubfinance, in time.
I'm aware of some of it, yes. Not all of it.
I have been invested in cub from day 1, literally. I have seen it fall from grace from start to bottom and nothing much has been done. I see your optimism and I understand it. I hope you are correct, for if it does recover...good for me as I myself am quite well invested in it.
But having seen how it has been handled, I'll keep optimism away untill I see some solid progress.
There's always optimism from the leo community, too much I'm afraid. Too much optimism is not necessarily a good thing. It kinda starts to become like and ostrich burying It's head in the sand and ignoring the storm.
Yes and no. It is kinda hard to justify 4 cents to investors who entered at $5 just by "we are creating value." Hence, I stand by what I said - I'll keep optimism away till I see some progress, not progress "behind the scenes."
Leo still has value within the hive ecosystem. Outside the ecosystem, not so much and that's where we need to expand. Within hive, leo will always have value as one of the OG tribes.