We've been working hard behind the scenese to build a sustainable, reliable and growing yield platform. Through many iterations, we've finally found a model that seems to have the potential to create lasting and growing yields.
The whole model centers around various technologies that we've built in iterations since the inception of CUB and PolyCUB.
This is the Multi-Token Bridge.
The MTB released bHIVE & bHBD in August 2022. Since then, it has been generating thousands of dollars in monthly revenues for the CUB protocol.
In November, it generated $9,125 while the CUB Protocol minted $17,250 in LP Incentives to distribute to LPs in the BHBD-BHIVE, BHBD-BUSD, etc. pools.
This gap between earnings and LP Incentives continues to close. We're more than halfway to the point where CUB will actually be deflationary.
How is this possible?
- Wrapping Fees
- Arbitrage Revenue
- Staking Rewards
Through these 3 means, the CUB DAO is generating over $9k per month and this revenue per month has been growing by at least 20% month over month.
It won't take long until CUB DAO is earning more revenue each month than it is paying in inflationary rewards.
The CUB DAO uses 100% of this revenue to autonomously buy and burn CUB. When revenue > than rewards being paid out = CUB is deflationary. That's our core focus for DeFi right now - make CUB Deflationary and burn up the supply while deepening the Liquidity Pools for bHBD and bHIVE.
We talk about it more in this clip from the AMA!
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
▶️ 3Speak