Hello, LBIer's and Cuber's, it's Friday and that means it CUBLIFE day at LBI. Anyone that has been on Leofinance this week will no the price of CUB increased and this a nice for this as we've collected all week and converted at a higher price compared to last week. Sadly LEO itself has not moved that much in the past week but on the plus, harvested CUB's get us more LEO which means this week's dividends are very good. Let's jump into it.
This week, I used 40% of our harvests to top up our ETH/BNB kingdom LP. We have tons of BNB already in other farms and nothing wrong with collecting some ETH. Im not too fussed on DOT and I dont pay the farm tokens so CAKE is of no interest as a long term hold. I'd guess that for the next 3-8 weeks, I'll be just adding into this kingdom LP to built it up to a decent amount. The current APY's for farms are up on last week so our div's next week could be better than this week but i'd not hold my breath as LEO could recover. Either way, higher APY's is better all around.
(Holdings labelled as "LP" is a kingdom LP)
Pretty sweet result, right? 98.48%. It's good but im a little pissed we were only 1.5% off 100%. Maybe next week.
All in all, the LEO div's paid this week are the highest they've been to date so nothing to complain about this week. We can see that the LEO value of CUBLIFE has increased 42% against it and 11% in dollar value. If every week could be like this, we'd be CUBinaires in no time. Maybe not the 42% LEO price change as we dont want LEO being worth nothing, haha. Here are the percentages for every week since launch, this week is looking class.
We distribute CL's through monthly groups buys so new tokens are issued once per month. The month runs from the 21st to the 20th of every month. All you have to do is send any amount of LEO/HIVE to 
Everyone's monies are pooled together, deposited to CUBfinance and staked to earn CUB harvests. Newly minted tokens on the 21st of each month will be issued to the same value as CL tokens already circulating to ensure current token holders are not liquidated in any way.
Each Friday evening at 9 pm GMT, dividends payments are sent out to CL token holders. Dividends are paid in LEO and worked based on your avg token holdings over the past 7 days.
Below are 2 tables that show users that have already sent in LEO and HIVE to get some CL tokens this 21st in 3 days. If you wanna get involved and you want a few days you'll be waiting a month and the prices of CL tokens on the secondary market is ridiculous because the dividend APY is so freaking high.
Values are based at the time of uploading and are highly likely to change but the 21st but they should give ballpark figures to the ones involved so far..
If you've sent something in and you dont see your username above, please let me know in the comments.
...are wind down? I never no but I do know that we killed it this week, will CUB killed it and LEO didn't and we're the happy beneficiaries of more LEO. If the price wants to chill sideways, we'll stack it on the cheap.
