CUB: Diamond Lion Claw's about to pay off!

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Good times about to get better!


I have been staking on Cub since day 1. I have been in and out of CUB LP's and the Cub den over that period, but once we got below the $1 mark on CUB, I moved everything to the Den. There is a bottom coming, and my guess was $0.90 (wrong). I bought a bunch of Cub at this point.

I watched it go down more. I bought a bunch more at $0.65.

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Cub finance is not a typical DeFi clone. I knew this on day 1. I knew that development would continue, tokenomics would be observed and improved upon, and the LEO ecosystem would continue to grow. When CUB first came out a few months ago, it was alluded to that the CUB token would be imperative to hold for future expansions the LEO team would take into DeFi.


On this post by the leofinance@leofinance team, there was a lot of information that has made me very bullish on CUB. The next day, the AMA brought more light to what was discussed. You can read a nice transcript here by shortsegments@shortsegments.

I am going to do a nice TLDR summary with a nice bullet point presentation of why I am bullish on CUB. If you want to go deeper, follow the links above.

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Cub Kingdoms


The reason CUB and most Goose Clone DeFi tokens fail is very simple economics. Everyone is getting lots of "rewards" printed at high and unsustainable levels. People keep selling off their rewards into other assets. It drives the price down. People see the price go down, the dump gets worse.

CUB Kingdoms is going to change that. The CUB multiplier will be much smaller on all Kingdoms, but the gains will remain high. This will be achieved (and is already happening on the 2 existing kingdoms) by the using the autofarm model of DeFi. Tokens are staked on other platforms and the base assets will compound while you earn a small amount of CUB to sweeten the deal.

Confused? Let me give you an example. I staked some CAKE in the CAKE kingdom. Everyday, my CAKE stake grows a "little" bit (currently the CAKE APY is 127%). Plus, you add in the CUB APR of around 25%. The total APY of the Kingdom is over 150% at the moment, and most of the rewards are given to you in the form of CAKE.

What this does is makes it that CUB is not being handed out to everyone all the time putting massive sell pressure on it. Now, the bulk of the kingdom rewards is in the base asset... in this example, CAKE.

But still, why not sell my CUB rewards?


In order to make it more incentivized to hold the CUB you get rather than dumping it for something else, kingdoms will do this many times over. CUB is still inflating at 1 CUB per block, but Kingdoms will mint far less CUB than the current farms. This will free up more CUB to increase the multipliers on the CUB farms (currently at 50X and 34X respectively). I am not sure where they will end up, maybe 100X!!!

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On top of this, the CUB Kingdom (currently CUB Den) will reward CUB stakers in liquid BNB while the CUB will auto-compound. This will keep CUB locked up safe while stakers will be rewarded in the very gas that drives the ecosystem. Genius! Plus, who doesn't want to farm one of the best performing assets of 2021 thus far?!

Icing on the CAKE errr... Polygon?


There was a teaser in the leofinance@leofinance post about a DeFi project firing up soon. There was no more information than this. I tried to fish some more info, but only got more people pumped up about it!

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Confirmed!


khaleelkazi@khaleelkazi tried to keep a lid on it during the AMA, but a moment later, my suspicion was confirmed... you could also tell that he was very excited about it! There will be a DeFi app coming to the Polygon chain, linked to CUB and a LeoBridge. CUB holders can expect to be rewarded with some kind of airdrop of the native token of this new DEX!

Polygon is a game changer, and to not venture onto this chain would be a mistake. Bravo to the LEO team for being on it.

Bullet Point Reasons to be a CUB bull


-Kingdoms will reduce sell pressure on CUB while keeping APY high
-Kingdoms will offer high rewards vs other DeFi platforms
-CUB will be incentivized to hold with higher farm APY and liquid BNB rewards in the Kingdom
-BNB rewards will be liquid
-New DEX token airdrop to CUB holders
-LEOBridge connecting CUB on BSC to (I'm calling it "Lion") on Polygon
-CUB token at all time low's

Conclusion


I am not advising anyone to do anything. Make your own decisions that fit your own situation. I bought more CUB. I might buy more yet! In the leofinance@leofinance post, they alluded to diamond paws vs fudsters. This can go in either direction. I am heavily on the diamond side of things. But to me, it seems like things are going to turn around in a major way for CUB holders for the many reasons listed above. I could be wrong. I have been many times in the past and I expect to be wrong again in the future. Things do look pretty good for the people who stuck with CUB. The lows looked bad, and then the lows cut in half again. It was hard to stay diamond clawed, but I think I will be glad that I did!

Let me know what you think! For all of you POB'ers, don't worry... I am pretty bullish on POB too, and I will be writing about it soon.


CUB: Diamond Lion Claw's about to pay off! | Ecency