The CL you receive will come from CUB harvested each week. We harvest CUB, invest it in either bLEO/BNB, CUB/BNB or CUB/USDT. We work out the price of the CL for that day, mint and issue new CL tokens to CL token stakers.
So by issuing out new CUBLIFE without having the offsetting payment coming in, you are effectively diluting the holdings of the other CL holders? Am I understanding that correctly?
Posted Using LeoFinance Beta
I've noticed this as well, but let's look at it from different POV.
It's a bootstrap for newcomers, we encourage new people or new funds to flow into the CL. In the long run it's beneficial for everyone and especially those holding LBI as well.
I'd love to see some new people leaping into CL. This also is good for my investment into CUB because it rises the TVL making it look more stable, renowned and safer