New Hive-Centric Tokenomics Live on CUB | More than 15,000 CUB Tokens Being Burned on a Daily Basis
It wouldn’t feel like a Leo AMA without some CUB conversation! Posts on Leo, threads and even Twitter buzzed about the recent CUB mechanics and how the future outlook of our first DeFi token is looking better and better with each burn.
On average, the DAO is now burning ~15k CUB a day! The LP mining rewards is 1 token per block, considering there’s 28k blocks per day then the amount of Cub burnt on daily basis is a little bit above 50% of the daily mining rewards!
The more total value locked the Multi-Token Bridge Farm Vaults have, the more tokens will be burnt, but if you want to learn more about how the future of CUB looks promising, then this clip from our latest AMA is definitely for you.
The CUB Docs also recieved a major update. You can read the updated version, specifically about the Multi-Token Bridge, at this link: https://docs.cubdefi.com/mechanics/multi-token-bridge
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