Big things are in motion right now for CUB, as it scores it's first partnership with SugarRush.Finance, a DeFi project in its presale stage of deployment! Though it was not officially announced as the developers of both teams are still figuring things out, the partnership seems to have solidified yesterday on Leofinance's Discord server.
The Details
The very fine, intricate details regarding what the partnership entails are still foggy, but from last night's Discord conversations, it has been confirmed that both the CUB-BUSD LP as well as CUB-BNB LP farms are going to be hosted on SugarRush's platform, giving CUB a lot more liquidity, as well as extending CUB's reach beyond the LeoFinance ecosystem. It appears that the project will utilize PCSv2 in establishing those farms, which I reckon will cause a bit of a bump on the road seeing as how CUB's exchange interface is still based on V1.
Through this partnership, SugarRush users will be able to buy and stake CUB-BUSD LPs to earn the native token of that platform. This is great for CUB's over-inflated supply, as none of the inflation is going to be given as harvestable rewards. Instead, it's going to be locked-in as LPs. On top of that, those that are already farming natively on CUB can migrate their LPs over to SugarRush's platform, enabling a new use-case!
It's noteworthy to mention that SugarRush's native token, RUSH, has, as of right now, a total market cap of over $600K, which rose from $300K just a few hours ago, with a capped total supply and a frictionless BNB dividends system, meaning that BNBs are sent to your wallet without user input and without incurring any transaction fees. All of which alludes to a deflationary model of tokenomics in place.
It was mentioned quite a bit later that the reason why those farms in particular were chosen over the Den/CUB Kingdom was because they were the only CUB-native farms that lacked their respective Kingdoms. Regarding the launch of the CUB farms, it's going to release on August 16th.
In the DeFi space, partnerships are an absolute necessity to success. No DeFi project has ever succeeded without the help of the prestige of the other projects out there. We've seen this very phenomenal unfold on PantherSwap in particular, where it has established a very tight-knit network with a lot of other projects, ultimately culminating in a parabolic rise in price, and a large amount of following behind it. We even see this phenomena on a daily basis with PancakeSwap, always releasing farms partnered with other tokens on BSC.
This is the beginning of a prosperous path for CUB. For as long as CUB's price has been down, the developers have been constantly building value on the platform. As we near the completion of the building phase, demarcated by the IDO's release, the only thing that's left for us is to reap that value by way of partnerships and marketing.
CUB is very well winding up for a big hit, be a part of it!