The Burn

35,628 bLEO has been burned ($38,478.67 USD)

41,185 CUB has been burned ($197,482.08 USD)"

"80% of all vault revenue on http://CubDeFi.com burns $CUB and 20% buys, unwraps and burns $bLEO. We just completed another burn of 2,230 CUB and 13,864 bLEO." @FinanceLeo

What is going on with @CubFinance?! Part of how this token works is that- as the supply expands, CUB and LEO are both being burned. bLEO is wrapped LEO on Binance Smart Chain, and you can swap back and forth now with their handy tool, assuming you have everything configured properly.

I do not advise anyone to jump into this quickly, unless they are prepared to assume full risk and consequences, including but not limited to losing all your tokens. I don't know much about DeFi and have avoided it for the most part, but this past week I have taken it one step at a time.

https://leodex.io/market/LEO

What can you do without assuming so much risk? You can buy LEO, and stake it. The bLEO burn is reducing the supply. If you have CUB tokens on Hive-Engine, be aware that you must wrap them in the next few days, because they are set to expire and will not be usable after that.

The wrapping bridge from CUB HE -> CUB BEP20 will only last for 7 days (it will close on March 17th). The wrapping bridge from CUB HE -> CUB BEP20 only goes 1 way. Once CUB has been claimed on BSC, it will be burned on HE and HE CUB (the wrapping bridge) will be deprecated on March 17th. https://docs.cubdefi.com/tutorials/cub-claimdrop-tutorial

I did notice that INDEX tokens are distributing CUB.