CUB getting Ready for the Take Off ?

avatar

I usually don't check the marketplaces every day because it does not make any sense to me as I am not going to sell anything. Even though I do not sell but still I checked the market couple of times a week and this is how I keep myself updated. I believe if we are not going to sell anything then no need to keep an eye on the market unless we are trying to book an opportunity in terms of selling or buying the tokens. Today when I was checking the prices for some of the coins in the market and I was surprised to see that the cab price is looking stable at the current range. Even I can see a spike in the price that happened today. It seems like the cup token is getting ready for take-off and it is expected because there is a lot of development happening on the platform.

CubDefi is the first DeFi platform by Leo finance and it's built on a binance smart chains. This is good because we need not worry about the transaction fees like we used to see with Ethereum. Transition cost is one of the components that I care about and I am never in favor of high transaction fees. Ideally, this should be too less that we don't even notice and we have the same on Binance smart chain.

image.png

CUB Price

Here is the chart for the CUB token and there is a good spike today. It's anticipated that cub price will increase and with this spike, it seems that time is coming soon. It's difficult to predict the exact date but the momentum is looking nice. I see that even the price of the cub is stable at this range so we can call it a bottom. I know that the price is too less but instead of this, we should think of the positive side that now the possible movement is to go upside only.

image.png

src

What makes CUB Better?

Multi-Token Bridge is one of the things that gives a reason to the platform and this is a great option for the hive community. Even we have got the pool for hive and HBD with binance wrapped version. With this pool, we can earn a decent APY and this is more than 50% however if you talk about APR then it's over 37% as of now. This can fluctuate but I expect that this will always be above 30% as per the update shared by the leofinance team. We also have the pool where we can park our bHBD and BUSD so this way we need not worry about the impermanent loss. Many investors are worried about IL when they invest in decentralized finance DeFi and this problem is solved with CubDeFi. I don't think that there is any DeFi platform that offers pair with 2 stablecoins and this is why it's better.

MTB Assets (HIVE and HBD) Can Be Wrapped and Utilized to Provide Liquidity and Earn High Yields. MTB Assets Generate Revenue Which Buys and Burns CUB Each Day


When we think of investment then it's obvious that we expect the best returns in the market and here we get the same. It's a reliable DeFi platform and it has the potential to grow now however it was not doing well earlier. If the team is reliable then they can surely bring value to the platform and the Leo team is well known for it. Sometimes even after a short break, we can see the positive momentum, and here I expect that we are going to witness the same.

Thank you so much
Stay Safe

Posted Using LeoFinance Beta



0
0
0.000
4 comments
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000