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Hello, LBIer's and CLer's. Welcome to this weeks CUBLIFE (CL) token update. We are going to look at this week's CUB harvests, reinvestment and weekly dividend APY. This update post is released weekly, dividends are paid in LEO every Friday at 9 pm UTC and new CUBLIFE (CL) tokens are issued once per month every 21st.
What is CUBLIFE?
CUBLIFE (CL) in a nutshell is a hive-engine token dedicated to investing in CUBfinance that pays out weekly dividends in the form of LEO. All LEO/HIVE raised from monthly token issues is invested in CUBfinance. 50% of weekly harvests are converted to LEO and issued to CL token holders, 40% is reinvested back into the platform and 10% goes to LBI as an operators fee for maintaining and actively managing the wallet.
Not a bad week at all. I honestly thought the APY would have been lower and I'm happy with the 19% APY for this week. CUB has dropped 10% from last week and LEO has increased by almost 10% so dividends in terms of LEO have decreased a little. 217 LEO will be sent out to liquid holders, 56 CL tokens will go out to those staking and LBI takes 88 LEO this week for its operators fee.
Again, not a bad week. Things are down across the board but only by a fraction. Our wallet dropped by around $150 from last week which is pretty much sideways. I converted all of this week's harvests into LEO and next week I will convert all the harvests into reinvestments.
This month's CL token issue
Every 21st of each month, new CL tokens are issued to those that have sent either HIVE or LEO to the 
You can transfer LEO/HIVE or HIVEp from hive-engine. If you send both LEO and HIVE, you will receive 2 token issues, 1 for each. You can confirm your funds have been received in the table below which are posted weekly and updated 2-3 times per week.
Solid week, not much has happened to be honest. Dividends will go out this week as always and i wish you a great weekend.
