🔥 Will LeoFi be the new AUTO/BIFI of the Binance Smart Chain?
Hello,
I am really excited for the launch of the CUB token. I like the idea to buidl a project on the Binance Smart Chain, with the low fees and the huge community we will be able to attract more people to the Leofinance ecosystem.
Tomorrow more details about the CUB project will be disclosed, and I am wondering what will be the utility of this new token. The snapshot has been taken today, and yesterday I powered up a bunch of LEO for that reason.
Maybe I am wrong but I envision this new project to be a new Yield Farming platform on the Binance Smart Chain. The CUB token could be the center of that new ecosystem and later on play an important role for the governance of the project.
Until this later stage is met, the new token can provide high yields if there is enough demand to mantain the price high enough. This has been done before in the BSC many times, for example AUTO, BIFI, ACS, EGG and many more use this idea for the benefit of the stakeholders.
I have been tracking the AUTO and BIFI projects for some time now, I will share with you the updated metrics.
AUTO - 1,2 Billion $ locked
TVL - Total Value Locked
Supply - Token supply (max 80,000)
Holders - Number of wallets holding the token
AVG AUTO - Average AUTO per wallet
Burn - Tokens burned
Telegram - Telegram followers
Twitter - Twitter followers
BIFI- 230 Million $ locked
TVL - Total Value Locked
Supply - Token supply (max 80,000)
Holders - Number of wallets holding the token
AVG AUTO - Average AUTO per wallet
Burn - Tokens burned
Telegram - Telegram followers
Twitter - Twitter followers
If LEO manages to reach even a tiny amount of what this projects achieved the ecosystem could grow to insane numbers. Let's see what the future holds, excited to read the announcement.
Enjoy! 😊
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Posted Using LeoFinance Beta
Posted Using LeoFinance Beta
https://twitter.com/ResilienciaHODL/status/1367244036910718977
Thanks for putting this together @resiliencia.
I am a DeFi follower at the general level yet a novice when it comes to the specifics. I don't even know how to access BSC especially in the states. Hopefully that will all be spelled out for us.
That said, I agree, if we can achieve even the smallest of success of these projects, we will see things flying.
I am curious as to what else will be tied to this; if there are future projects that could be integrated with CUB.
We will see what tomorrow's post reveals.
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If we manage to capture even 5% of what this projects have, the ecosystem will explode!
Excited for the future announcement that reveals more details of the project.
If you have any questions I am here to help ;)
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I am sure I will need to be walked through this. Will wait for tomorrows announcement and take it from there.
So much going on and to learn.
I agree, even a 5% of what the others did and we will see a massive of explosion. The value created is just amazing.
Posted Using LeoFinance Beta
So much this. I was able to get BSC set up on MetaMask but I tried moving a little BNB there from Nexo and got and "invalid address". So not sure if I did something wrong, missed some steps, or if I even need to do that. lol.
Like you said hopefully things will become a little clearer tomorrow. :)
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Don't worry, @khaleelkazi showed some tutorials available when the project launches.
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Very cool! That makes me feel a little better. :)
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This is something I whipped up a few days ago, which may compliment your article; Post
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Good one!
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i saw some post about this CUB finance, but have not yet to understand it. But if we manage to get a high value like those in BSC. more will come to hive and also bring more volume.
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I agree!
Let's see how it unfolds.
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If they've created a whole new platform in this short space of time, that would be a real achievement.
I think you've done pretty well with that FOMO!
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I have to admit that I did pretty well lately.
Let's see how many new surprises this bull market will bring to us.
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