Hive has been reaching its tentacles into the cryptosphere for a while now. Truth be told, we've been beaten back quite a few times, through no fault of our own over the years. It's the wild west out there! Scary Larry!
However, LEO is built on Hive, and CUB is connected to LEO. Our ecosystem is expanding. We are now laying down roots on the BSC network, and a storm of liquidity is coming.
There are a lot of users on LEO that are salty about Hive. There are a lot users on Hive that are salty about LEO. The tribalism and perceived competition know no bounds. However, the days of zero-sum game theory are coming to an end.
All of these systems are synergizing together while the users within these systems bicker amongst themselves about where people should be parking their money. Everyone seems to simultaneously know that decentralization demands our funds be spread out while insisting their bags be propped at a higher price. Drop the double standard.
CUB is tapping into a completely new liquidity outlet that's going to boost the value of the entire Hive ecosystem. Seriously though, what do you think is gonna happen if I make a bunch of money on CUB? Probably gonna buy some Hive with it. I like to maintain balanced positions.
Again, CUB is laying down roots on PancakeSwap, and PancakeSwap is laying down roots on BSC. Both of these systems link up to lure outside outside capital to the platform.
Allow me to explain:
Go to https://exchange.cubdefi.com/#/swap and try to dump 10k BNB for Bitcoin. How much BTC will you get? How much slippage will there be?
We can see that the price impact is only 2.61% and we would receive 43.62 Bitcoin. How is that possible if our farm for BTCB/BNB only has $775k in it? We don't even have 43 Bitcoin in the pool for sale. In fact, we have less than 7 BTC in this pool. How are we extracting 44 BTC from it?
The answer is that this LP pool isn't just a CUB pool: it gets rolled in to every other farm and LP on Pancakeswap. This creates MASSIVE liquidity on BSC and lures in huge money from the outside. CUB and every other farming pool on BSC feeds into this liquidity goblin.
From this perspective, it's easy to see that this entire system of automated market making is feeding into itself and creating a massive amount of value very quickly. All of a sudden Hive finds itself seamlessly connected to this system. Pretty sweet deal. 99.99% of the users on Hive didn't have to lift a finger to make this happen. That's the magic of synergistic ecosystems that cut out out the middle men of central banking and prohibitive regulators who needlessly increase financial friction.
Permissionless systems win.
And then we have gems like this where bridges are being built across Hive, LEO, ETH, CUB, and BSC. Interoperability is key. User experience is key. Easy onboarding is key. Low friction is key. High liquidity is key. We are approaching the perfect storm of variables right before a mega-bubble.
50% yield reduction coming Monday.
These unsustainable CUB yields have been the crack of the ecosystem for two weeks now. For me, $3.50 is a fair price for CUB, and I'm looking to buy a bit more. But I also know that these yield addicts are going to panic on Monday... so I can wait until then. I'm overextended as is. No reason to rush in right before potential panic dumping.
But this post isn't supposed to be about speculation. This is about fundamentals. There are a lot of fundamentals here that are being ignored. The LEO brand is strong and has a solid community. The Hive brand is grizzled and unkillable. The CUB brand still has yet to prove itself to the BSC communities. How long until the tides turn? I'm guessing not long.
On top of all that, DeFi is the latest craze. Passive income is the new standard, and every application built on Hive automatically has these features built in. We legit can't lose, and we are sitting on a massively undervalued market cap at an offensive rank 240 level. The tipping point is coming soon™.
Conclusion
So not only is CUB luring everyone on the BSC network into farming CUB due to high yields and 19 non-CUB farms, but also many of the LP farms we are awarding CUB inflation to get seamlessly added to deep-liquidity network-wide Pancakeswap LP pools. Again, all these systems are synergizing together during the best possible time of the 4-year cycle ever ever.
All of the interoperability networks are feeding into each other. ChainLink is going to provide trusted oracles. Rune is going to provide atomic swaps. ETH and BSC have strong communities and battle-tested smart contracts. Bitcoin has deep liquidity, high security, and the most solid baseline. Everyone is helping everyone.
On top of all that...
Automated Market Making is an extremely underestimated technology. It's going to take over the entire legacy system. Orderbooks are a thing of the past. Get over it grandpa: you lost. We are standing at the front lines: ready to take names and kick ass. Get out of the way or get run over!