Hello,
I am really excited for the launch of the CUB token. I like the idea to buidl a project on the Binance Smart Chain, with the low fees and the huge community we will be able to attract more people to the Leofinance ecosystem.
Tomorrow more details about the CUB project will be disclosed, and I am wondering what will be the utility of this new token. The snapshot has been taken today, and yesterday I powered up a bunch of LEO for that reason.
Maybe I am wrong but I envision this new project to be a new Yield Farming platform on the Binance Smart Chain. The CUB token could be the center of that new ecosystem and later on play an important role for the governance of the project.
Until this later stage is met, the new token can provide high yields if there is enough demand to mantain the price high enough. This has been done before in the BSC many times, for example AUTO, BIFI, ACS, EGG and many more use this idea for the benefit of the stakeholders.
I have been tracking the AUTO and BIFI projects for some time now, I will share with you the updated metrics.
AUTO - 1,2 Billion $ locked
TVL - Total Value Locked
Supply - Token supply (max 80,000)
Holders - Number of wallets holding the token
AVG AUTO - Average AUTO per wallet
Burn - Tokens burned
Telegram - Telegram followers
Twitter - Twitter followers
BIFI- 230 Million $ locked
TVL - Total Value Locked
Supply - Token supply (max 80,000)
Holders - Number of wallets holding the token
AVG AUTO - Average AUTO per wallet
Burn - Tokens burned
Telegram - Telegram followers
Twitter - Twitter followers
If LEO manages to reach even a tiny amount of what this projects achieved the ecosystem could grow to insane numbers. Let's see what the future holds, excited to read the announcement.
Enjoy! 😊
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