Today marks 8 days since the launch of Cub Finance and things seem to be going well in the DeFi world. The TVL is up to $13 million and CUB is hovering around $4. DeFi is a new experience for many users and the LEO team provided a low risk opportunity to get involved.
I've become addicted to CUB and stare at the charts all day. Watching the CUB tokens accumulate just fuels my addiction and I forced myself to take a break. I couldn't get it off my mind completely so I decided to focus on a different aspect.
"Community"
The one word I would use to describe LeoFinance and all the LEO holders is community. With each new development under the LeoFinance umbrella, the main goal is to build the community. I would say that so far, LEO has done an excellent job.
I wondered though, has Cub Finance caused a growth in the community and brought new users to the Leo Finance platform? Well I decided to utilize the LeoTrack bot on Discord and count the number of new users 1 week prior and 1 week post launch of CUB.
New Users 1 Week Prior
- 3/1 - 19
- 3/2 - 16
- 3/3 - 7
- 3/4 - 12
- 3/5 - 10
- 3/6 - 8
- 3/7 - 8
- Average: 11.43
New Users 1 Week After Launch
LAUNCH DAY = 3/8
- 3/9 - 31
- 3/10 - 23
- 3/11 - 18
- 3/12 - 5
- 3/13 - 18
- 3/14 - 23
- 3/15 - 21 - AMA on BSCGEMZ
- Average: 19.85
Just comparing the # of new users it's obvious that LeoFinance saw a big increase after the launch of Cub Finance. That jump in the average may not seem extreme but it's actually a 74% increase.
I'm pleased to see that CUB is continuing to uphold the mission of LEO and building the community while also opening the door for individuals to experiment with DeFi yield farming and the Binance Smart Chain.
If you haven't checked out CubDefi I suggest you at-least give it a look. It may seem overwhelming at first but several community members have provided very through and easy to understand "How to" guides.