Hello SPI'ers. There is 1 week left on the CUBLIFE (CL) presale and I thought I'd share a post about it as SPinvest will be buying some of those tokens as they will provide us with a sweet LEO weekly dividend and increase our earnings.
What is CUBLIFE (CL)?
This is a project that has been created by @lbi-token which SPinvest manages. The basic idea is all monies collected from token issuing is sent to CUB.finance and staked into LP's and dens. Once a week, all the CUB is harvested and split up. 40% is reinvested back into CUB. finanace, 50% paid to CL token holders in the form of LEO and 10% to @lbi-token. When LBI start's to pay out weekly div's, then 10% of the 10% LBI gets will go to SPinvest, so 1%.
1 Project that earns for both LBI and SPI and pays out a 60% +APY? damn, we're hot shit!
Some CL tokens are already in circulation as 5200 were airdropped to LBI token holders 5 days back. The first dividends were issued this evening so for anyone interested, check out this post to see what sort of APY to can expect CUBLIFE tokens to pay you.
Here is the first report based on 5 days of farming
So for SPinvest, im thinking to spend about 3000 HIVE and 1000-2000 LEO. This will be enough to give it a good test. We dont need to go heavy on this because SPinvest is doing it's own CUB thing but 60% APY token, we should have some.
Check out the launch post
This post shows all the details and answers many of the questions to might have about CUBLIFE. It explains, how it works, the presale, the monthly group buys and much more.
https://leofinance.io/@lbi-token/cublife-cl-from-lbi-token-launching-21st-may
If you've heard and seen all you need to hear and see, you can get involved with the presale by sending any amount of HIVE, hivep or LEO to the @cublife account and next week, not eh 21st, you'll receive CL tokens based on the conversion rate on the 20th.
Questions are welcomed :)
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In the long run, and I am in it for the long run, it may be a pretty good investment. I already plan on reinvesting my dividends, and as SPI earnings grow, and LBI earnings, I could find myself in causality loop of interest.
Yep, thats true. When LBI starts to pay out div's that another LEO weekly div's as well. You'd beable to feed them into each other.
I have 4 tokens in total out there, i aim for 7 that pay a weekly dividend, one each day of the week, so there's still 3 tokens required. Might take 2 years to release them, I'm debating over should SPinvest are LBI get the next one? lol.
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Two year time frame sounds good to me. I am still working on getting to 100 SPI. Then comes the EDS build up.