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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.
Harvest were up this week and CUB is up as well so double win and the cherry on the cake is LEO is the same as last week. The markets have had a bad 24-48 hours so the fact that CUB has increased and LEO has stayed stable is amazing. Looking above, everything in blue is up on last week and everything in orange is down, overall we're up in both LEO and $ terms, not lots but up is up.
The APY is looking better this week and we're back to over 30%. The 561 CUB harvested this week was split 203 into LEO for dividends, 224 into the BTC/BNB kingdom and 133 into the CUB/BNB farm. Remember that 40% of harvests are invested into a kingdom every week and farm investing is funded by minted and issuing CL tokens to holders that stake. Unstaking is 1 day, 1 transaction, the minimum.
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.
Not a bad week at all, we're up to across the board. It's going to be really interesting to see how the APY's on bCUB are affected when pCUB launches. If the price of CUB increases due to people FOMOing and the APY's increase from investors moving funds from BSC to POLY, CUBlife could be set to blow up and we could be APY's of over 50% again.
And on that note, dont forget that there are still 3 days left to get in on this months CL tokens minting and issue. Send any amount of either LEO or HIVE to
Have a great weekend everyone, crack a beer, it's been a good week.
