It turns out that CUB is a value stock!!! Wait, what the hell am I talking about?
I'll share below as we opened this week's AMA with some fun info and stats!
If CUB had a P/E ratio...
As you can see in the stats above the current P/E ratio is 5.33.
Now, it uses REVENUE as the "earnings" but the reality is all the revenue is being used to buy and burn. Revenue isn't being used to pay expenses, which is definitely taking things into a new frontier; cryptos and DOAs that is.
Maybe we should start a P/R ratio...price to revenue as the new norm.
Cub burns continue to grow...
As the multi-token bridge becomes more active and liquidity continues to grow so do the burns. This month is on pace to surpass last month. Will be fun to see final burn number come the end of October.
LeoFinance UI update
The ball is rolling, but a brand new UI will be rolled out in 2 to 3 months from now.
How that UI looks is a big part on you, the community. The UI contest announced last week is still live and many members will win chunks of LEO and be the provided of the new UI designs and concepts.
From what it sounds like the vision for the new UI will cater more to short form thread content with the connection to the long form all in one place as opposed to being taken to a separate website like happens with twitter and such.
This is just my interpretation of what I heard so may or may not play out that way.
There will also be more options on how and what content you see. If you want to filter out "explicit" content you will have the option to filter it out, as an example.
Get the Lurkers to Commit!
Apparently there is tons of traffic that hits leofinance but they do not have an account and do not curate or post.
Great there is views, but with threads onboarding can likely increase as simple short form is a path to least resistance for people from a UI perspective, gotta cater to the 3 second attention span we all have now.
First Episode of Thursday's Live Podcast
The live show with crypto projects and influencers kicked off last week and it was a success. The guests want to start community pages on leofinance and enjoyed the activity from our community.
The show still needs a name and @khaleelkazi is offering 100 LEO for the winning name. The winner will be picked live on the AMA so by the time you see this post it will have a name!
Crypto Market Talk
Basically we are still chilling in the crypto winter so I'm just stacking as I wait for the next bull market.
See ya next time!