Yesterday Leofinance Team answered on their Twitter page that cubdefi has been audited by Certik. You can find the details on Certik website. Currently, cubfinance ranks at #120.
For someone who has been following cubfinance closely, this is big news. I have heard people complain about the delay of the audit for weeks now, so I'm glad we've gotten that sorted out.
The next step would be to get the leobridge sort out as well. This will see the transfers of value from the ethereum blockchain into the finance smart chain, and vice versa. I consider this to be one of the selling points for cubdefi.
Speaking about selling points. I think the biggest task now would be to get the word out there. It would be great if we do not rely on word of mouth alone, which can be effective but not efficient in the short run.
I hoping to see some proper marketing by leofinance. The buzz around cub has waned and I hope the team does something about this quickly.
A few have complained about the lack of communication recently. I want to believe in the many important tasks the team has to complete in the short run.
Maybe this would be the right time to get a communication expert. I don't know how big the team's purse is, but it would be good to have someone who will regularly interact with the community.
Well in all, I see the news about the audit as a big step forward for leofinance. Security is a big issue with defi. Most people would not invest until they feel it is safe. Now that we have this sorted out I believe we will see a lot of big investment comes into cub defi.
I will be increasing my cub holding in anticipation of some positive price action in the coming weeks. The beautiful thing is my cub can actively earn me some good ROI while I wait.