CUB DAO burns surpass 1 million

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Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Tokenomics of Cubdefi is improving as the Cub is holding its worth of $0.021 despite dip in market. Buying back and burnining mechansim helped Cub to maintain its worth.

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Almost more than 1 million Cub has been burned. Majority of burning observed during month or so. Cub mined 28,000 Cub every day. According to khaleelkazi@khaleelkazi 15,000 Cub being burned on daily basis. This means almost more than 50% of total Cub produced burn out. This is actually a good sign for the tokenomics.

Cub TVL across all farms and dens have been surpassed $1.3 million. One of the reason of huge investment in Cubdefi farming pool is its high APR.

Pair like BHBD-BHIVE is giving more than 49% APR. Even a stable coin pair BHBD-BUSD is currently offering just above 31% APR. This provides a good opportunity to collect more Cub.

This is not the only earning we have. Remember Cub is currently trading around $0.021. The price is nothing as compared to its all time high worth of $4.73. Cub has potential to grow. Time to grab as many Cub as we can. Even price of $1 will raise your profit 49%.

After seeing consistency in price, I provided liquidity to BHBD-BHIVE and BHBD-BUSD pair. In my opinion, it is good way of grabbing Cub. What is your opinion my friends?

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.

CUB DAO burns surpass 1 million | Ecency