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The topic of my post may look like clickbait, however it is a very important question to be answered at this point in time.
Inleo has taken a long journey from the time it started from a crypto and finance related frontend and community to a inleo front end which welcomes posting all kinds of content via its front end to various communities.
Despite the long and arduous journey of growth the leo finance community which still focuses on crypto, finance and everything in between remains strong, vibrant and growing.
Giving up on those who have been involved with the project is not a trait of this pack of Lions that the community represents.
Along the path came the opportunity of creating the CUB token and building the DEFI economy around it.
A lot of users took the opportunity to get into CUB and its wrapped tokens and in the process tasted the fruits of defi on the hive blockchain.
That was the time when the Bull run was at its peak and as the bull season turned into a Bear season there were many casualties. DEFI was one of them and those invested into CUB and holding their positions into various pools and vaults were holding bags which were worth a lot when invested into and over time they eroded in value.
There are so many of us who entered CUB at $ 1 and saw the value dwindle over time.
As this narrative was playing out leofinance continued its path of growth and learning adding value to the ecosystem.
Today as you read this post LEO the native token of Inleo is staring at the opportunity of being listed on a DEX.
There would be a pool set up that would involve LEO (wrapped version) with CACAO constituting the two elements of the liquidity pool.
The DEX listing would serve as an opportunity to move their tokens and swap them to LEO and from LEO to layer1 coins like Bitcoin and Ethereum.
The fee generated in various operations in this regard would be used to buy LEO and Cacao and these tokens would in turn be used to provide liquidity to the LEO cacao pool. The idea is to keep making the pool deeper so that trades and swaps can be carried out with the minimum of slippage.
Where do the CUB/POLYCUB holders come into this?
Those invested and holding these tokens may note that they are not forgotten. Here is an opportunity to turn their Cub/ Polycub into LEO
The proposal is to do a value for value swap for the Cub/ Polycub holders and give them LEO tokens.
Should one take the airdrop/swap opportunity?
Well this entirely depends on the holders of these tokens. This is no financial advice however If I take the case of someone who entered CUB at the price of $1 per Cub may find little utility for the token.
Instead if the user agrees for the swap/ airdrop then he would be sending the cub tokens to a burn address and in return LEO tokens of the same value would be dropped to the wallet of the Cub holders.
Since LEO token has much more use case in the evolving inleo economy and the listing on a DEX therefore it may appreciate quite well from a current price $LEO
No financial advice but it is quite possible that the demand for leo and constant locking in the pool may take its price higher to $1 or higher. If things played out in this manner then
those who entered cub at higher prices may see their investment getting recovered or getting closer to the break even point.
How to opt for the airdrop?
Currently this is a proposal that needs users to cast their vote. If the proposal gets accepted then the team would go ahead with setting up with the offer.
The details can be found here
Please make sure to cast your vote to tell the community about your decision about your CUB tokens.
Here is the link to cast your vote
Final thoughts
This is a limited tome and time sensitive poll. Make sure to cast your vote and register your opinion on the blockchain. Make sure to share this post with your friends who may be having CUB.
Please share it on twitter and other social media so that the news reaches even those cub holders who are not active on the blockchain.
Today is LPUD make sure to power up your LEO tokens and grow your fortunes with the growth of the inleo economy.