Yesterday, after much waiting, speculation and amusing riddles. The team behind the behind the leofinance.io project has released CUB Finance, This was long awaited by the entire community, as it would be creating a defi in the Binance Smart Chain, which opens up a new Binance Smart Chain which opens a door of opportunities and also that BSC is a blockchain that is booming blockchain that is booming at the moment due to its low transaction fees. So after the announcement, the whole Leo Finance site literally exploded as everyone was very excited.
But one thing that has caught my attention apart from this incredible achievement, is that CUB's market cap has been growing very fast, market cap of CUB has grown very quickly, as it started with $300K but quickly climbed to reach a market cap at this moment with a value over $2 million, and all this in just a few hours.
And why is this so impressive? Well because if you look at the market cap of LEO but unlike CUB finance, LEO has been around for a long time, so you can see the growth potential that CUB has to become a powerful lion.
But of course, here there are several things to analyze different factors that imply the functions of each one and after reading them, you will realize that if the price of CUB or its capitalization grows, then LEO's will grow as well.
First, CUB Finance is a defi farming platform, but leo finance is a web3 social media platform where tokenomics rewards are obtained for content creators, users and investors. And the main mission or goal of Leo finance is to grow the community and building infrastructure to expand our interoperability and gain access to other blockchains and projects in the crypto space.
Second, the LEO token was created to apply it to more diverse functions than CUB has: for the same reason wLEO was created, to serve as a link or a bridge between the LEO token and the ehtereum blockchain through wLEO, and using the same analogy CUB was created to be used as a bridge between LEO and BNB, in addition to being a farming token.
And finally, CUB was created to boost LEO: Since the ethereum network has some disadvantages that BSC solves, also one of the main objectives of today's world and the whole industry is the connection or interoperability (which means the ability of information systems have, to share data and enable the exchange of information and knowledge between them) so that in this way Leo finance's social network can encompass more and reach farther, due to the large user base that BSC has.
So instead of thinking that the CUB token will overtake the LEO token, we should rather think of a kind of beautiful symbiosis, where both will benefit each other.
But why BSC? Well the answer is simple, the Leo Finance team has decided to expand into new horizons so that Leo Finance can be brought to all users to new horizons, no matter what the blockchain, as they mentioned In the introduction of
CUB finance. Since when they created the WLEO they gave the opportunity to all
those participating in the ethereum blockchain to get to know LEO and get involved, also to be able to create Dapps using that blockchain.
Now with BSC would be opening a new path in the same way, as it is also weighing in bringing leo finance to users of binance, which if you stop to think about it are a lot of them because of the low transaction fees
they all come to BSC to look for opportunities. Also the CUB token was intended to be a bridge between blockchains and to include LEO on a larger scale.
So folks, buckle up tight, because what comes after this is going to get better and better, as there are tons of projects coming that will benefit us all and
above all will connect us more and more with the defi world. And in this way we will achieve the
main goal, to take LEO to the moon.