Reasons to be bullish on Cubfinance

Cubfinance is the three year old Leofinance Decentralized Finance Project on Binance Smart Chain.
These are the reasons I am bullish on this project.

Despite the bear market, there project has almost a million dollars invested in it.
Wow!

Screen Shot 20230404 at 8.47.11 AM.png

Cubfinance is a product of the Leofinance team, and not only did they use time tested open source code derived from PanCakeSwap, which is derived from Uniswap, and modified to created Gooseswap, which was modified to create Cubfinance, they had it Certik Certified, which is an audit service.

Cubfinance Cub token is a central component of the ecosystem making up the other half of most of the liquidity pairs, so people who earn cub are more likely to hodl cub.
The other tokens Leo and HIve and HBD are extremely useful part of the Hive ecosystem, so they have a strong use case.

Cubfinance Project has a source of income separate from Farming income and sale of tokens.
This bridge moves cryptocurrency tokens between the Ethereum blockchain, Polygon Blockchain and Binance Smart Chain blockchain as Leo NFT tokens wLeo, bLeo and pLeo, which creates income for the projects Buy Back and Burn program, and creates utility for the Leo token and it's NFTs on each of those blockchains.
The team created the multi-token bridge and dedicated the income from transactions to buying back and burning Cub. The buying back and burning of DeFi tokens is a strategy commonly employed in DeFi. However to be successful the amount of the buy back has to equal token inflation, which is the amount minted daily to pay rewards in the various staking opportunities. The multitoken bridge has been very successful in generating income and currently it looks like April will be the month the buy back and earn amount will equal the amount minted as project rewards. This is a great achievement. As you mentioned in your article the Leofinance team recently reshuffled the farms to be Hive centric. They deleted all farms with non-Hive elements so rewards would be paid mainly to people investing in farms eith hbd, Hive, Leo and Cub.
They increased the Apr to 20-24% for those farms and severely reduced the APRs on non-Hive farms. This increased total value locked and was a big step forward to resuscitating Cubfinance.
Farm yield APRs are 20-24%

Screen Shot 20230404 at 8.43.33 AM.png

I think the measures taken have helped the project and we should see a response in price over the next few weeks or months.

The income from the multitoken bridge is used to Buy back and burn Cub tokens. This creates scarcity. The income from the bridge has grown to the point that soon the bridge will buy back more tokens then there are tokens minted, which means every month there will be less tokens circulkating in the market creating scarcity, which should raise the token price.

The Buy back and burn program creates scarcity. But the Cubfinance FArm APRs re 20-24%, which is great! This attracts capitol to the Farms and to Cubfinance. How much? one million dollars currently and rising.
So the attract yields on the Farms ttract investors who must buy what token? CUB!
This buying creates Demand for Cub token at a time the circulating amount of Cub is being reduced by buy back and burn.

Cubfinance has a link to PanCakeSwap trhe decentralized cryptocurrency exchange.
Investors can use the Multitoken bridge to access Cubfinance from Ethereum, Polygon or Binance.
The bridge makes it easy to move capitol around, and the Cubdfinance uses the decentralized exchange PanCakeSwap for cryptoasset trades, so investors navigate to PanCakeSwap and swap their assets for Cub, Hive or HBD.
Then investors Navigate to Cubfinance to deposit funds in the Farms or stake Cub in the Kingdom to avoid risk of impermanent loss.
This does require anywhere from 13-20 steps depending on where you are coming from.

- The nolosslottery is basically a crypto savings account with monthly prizes of 100 Leo for 1-3 lucky depositors depending on the earnings that month.
- You open an account by sending 5 Leo to Hive account@nolosslottery for five lottery tickets, you can withdrawal your Leo anytime, but as long as it is deposited you are eligible for the lottery prizes.
- During the bull market the prizzes were weekly, and now they are monthly.
These two projects carry ease of use to an extreme. You send Leo to Hive account@easydefi to have it invested in Cubfinance and the project account sends Leo back to your wallet every month.
Easydefi is a defi investment with the attendent risks, but nolosslottery is basically a crypto savings account with monthly prizes of 100 Leo for 1-3 lucky depositors depending on the earnings that month.
These two projects have almost 50,000 Leo invested in them by the Leofinance and Hive commuity, they are also three years old.

Cubfinance recently had it's third birthday, so it's been around a while, the code is time tested and the developer is well known, so I am comfortable investing my money there.and plans to be her

Those are my nine reasons for being bullish on Cubfinance. It is a well run, project, which has been continuously improving since it's inception three years ago, and quite frankly this is the perfect time to invest near the market bottom, so you have the greatest potential for gain.
Remember investing is risky, crypto is risky, and you could lose all you put into it.
This is the new frontier of finance, it's an exciting place where fortunes can be made and savings can be lost.
Proceed at your own risk, do your own research and be ready to take responsibility for your actions.

Hive account@shortsegments