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Hello LBIer's, the presale for CUBLIFE is over and CL tokens will be sent out to everyone that took part around 1 hour after tonight's dividend payment that will be paid out at 21.00 UTC. Even with the crashing crypto markets, we were able to raise just over $8000 and will issue out over 12,000 CUBLIFE tokens this evening.
Before we get into this evening's token distribution, let's have a look at this weeks performance and dividend payment.
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This is the first full week we have completed so this should give us a better idea of what to expect in the coming weeks. The CL token price has fallen from last week but that is in line with the rest of the market and it's been a terrible week all around. With that said, our APY increased by almost 90% so... swings and roundabouts I guess and further down the hole we travel.
You can see the CUBLIFE token has increased in value by 7.49% over the past week when priced in LEO but sadly dropped in dollar value. 116 CUB were harvested, 46 CUB were reinvested and I added the lot to the CUB/BSUD LP. I'll be depositing presale monies this evening and for $40 worth of CUB right now, fewer transactions are better. 70 CUB were converted to 200 LEO of which 1/6th is sent was 
Price has slipped this week but the wallets APY is up by almost 90% from last weeks 50%. I dont think this will happen again because last week's APY was based on a 5 day week and this being our first full week. If we can hold this APY, well, gee whizz, that would be just fucking awesome and our LEO bags would just pump to high heavens.
I gonna put a prediction out there and say that next weeks APY will be around the same as this weeks, we'll just have a bigger wallet and lots of new token holders.
To round up, the CUBLIFE token is worth less but our LEO dividends have increased and that's what's all about. Creating a passive LEO income for CUBLIFE token holders while building up a nice CUBfinanace farming portfolio. It's been a great week, first of many we all hope :)
This evenings CUBLIFE (CL) token drop
For everyone involved in the 3-week presale of the CL tokens, the time of waiting is almost over and starting from 22.00 UTC this evening, tokens will begin to be issued. The amount of "EST CUBLIFE" shown below is not final. This is the amount each person would receive based on the prices of HIVE/LEO and CL at the time of writing. The final numbers will be worked on after tonight's div payment.
If you have sent HIVE/hivep or LEO to 
The number of tokens you receive will be the dollar value of whatever HIVE are LEO you sent to
What happens after everyone gets their CL's?
Well, first off everyone that gets their CL tonight will start to receive LEO dividends from next week, no staking required, no input from you required. The show doesn't stop for me and CUBLIFE heads straight into the first of its monthly group buys. In a nutshell, this is much the same as the 3-week presale but every month instead. I dont think any other token on HIVE has tried a distribution model like this where tokens are issued on a monthly basis to investors based on the tokens current price. When I read that last sentence back, i sounds scammy but we're legit. I promise on an upside-down bible with my right hand.
This way anyone can join anytime and wait until the 21st to get their tokens. New investors that have heard of CUBLIFE for the first time are already CL token holders sending back all are part of the weekly dividends can easily send any amount they wish. We do this once per month because it's much easier to manage, weekly group buys would get boring really fast, every 2 weeks and people would be asking every week, is it this week? or is it next week? Monthly on a set date is nice, that gives us 12 token issues per year and as I said, it's easier to manage and easier to show transparency.
Auto-compounding?
In the future we might look at auto compounding, I have seen a few comments about it and just now came up with a way to do it. It'll cost 1000 BEE but it would offer the best of both worlds. I'll not go into much detail as im starting to get tired and my fingers are happy slapping in lots of spelling mistakes so writing a few lines is taking time but CUBLIFE token holders that would like to 100% compound down could stake their CUBLIFE tokens on hive-engine. We mirror the dividend bot we have now and change over the payments from LEO to CUBLIFE and run 2 bots. Easy. 1 bot tracks unstacked tokens and payout div's in LEO as is now and a new one tracks staked tokens and pays out div's in CUBLIFE equal to the same value. The problem is we'd need to pony up 1000 BEE to aggroed's team, $500 to enable staking? I mean HIVE is exclusive I guess but not in a good way so it's a little expensive to my eye. There are 2 different ways around it for free but both are very manual and mistakes would happen which creates stress and decays peoples reps so both off the table. It looks like we would need to pay 1000 BEE to add this option.
Leave it with me and I'll see what we can do.
That is this weeks post
I had planned to write some cool sounding Gansta CUBLIFE stuff here but im going to bed to catch a few winks before getting ready to mint and issue around 12,000 new CUBLIFE tokens.
Thank you for taking the time to read through this weeks CUBLIFE post. I hope you are pleased with the report and looking forward to this evening token issuing.