Daily CUB Report | Wrapping Volumes Might Exceed $500k In November (a 39% Increase From October!) by cubdaily

hive-167922 · @cubdaily · Nov 19 '22

$23.38

Daily CUB Report | Wrapping Volumes Might Exceed $500k In November (a 39% Increase From October!)

![image.png](https://images.hive.blog/DQmeqKVcy3r9cJWM7LMfE38mLQBXFXgVWAFS4KZTs7JxsUE/image.png)

It's been an amazing month for CUB so far. What's happening is massive volatility across the entire cryptosphere.

This volatility = lots of trading volume for the CUB DAO.

The CUB DAO operates the Multi-Token Bridge which encompasses bHBD, bHIVE and bLEO.

The bHBD and BHIVE part of this bridge have seen all the benefits of increased volatility: higher wrapping volumes.

From my current estimates and projecting current volatility in the markets, I think we might see wrapping volumes grow to over $500k wrapped/unwrapped this month.

That is a HUGE number. Last month, we did $360k in wrapping volume. This would constitute a 39% increase in monthly volumes!

Growing this is highly important to the sustainability of CUB in the long-run. Keep in mind that all of this wrapping revenue ($2,500 in revenue from $500k in monthly wraps/unwraps) is 100% utilized by the DAO to buyback and burn CUB.

Follow along as I report daily on @cubdaily 🙏🏽

## Focus of the Day

Let's get more wrapping volume! I think we'll see $500k this month but we need to continue this pace of growth. It's never been more important than now to advertise the usage of bHIVE and bHBD.

The team recently announced the potential for bHBD and bHIVE bonds. This would greatly increase wrapping volumes and also oracle staking. I'm excited to see what they come up with on this front.

At the end of the day, the focus of all of us is on growing the liquidity and usage of bHBD and bHIVE.

## P/E Analysis of CUB

Here's a new section I'm trying out. I decided to run a P/E analysis of CUB using data from each Monthly Burn Report posted by @leofinance. Check out the second analysis I ran and leave a comment below with your thoughts.

<blockquote> Keep in mind that a low P/E ratio is good. It means that the revenue that CUB is generating each month is increasing faster than the CUB price is increasing (more revenues earned per share of CUB). </blockquote>

![image.png](https://images.hive.blog/DQmTnjk8wq3gobccAG21oUujQNFGyJXcvS3pj68eD2hWxY7/image.png)

## CUB Token

![image.png](https://images.hive.blog/DQmRhMdYBZo8Dd3zxiLe5cVj4pECXQ7YDyqvKSD6LEdi8yi/image.png)

- **Price:** $0.02137
- **Total CUB Supply:** 18,685,376
- **Total CUB Burned:** 1,514,430
- **Total Market Cap:** $398,917
- **Total Value Locked:** $1,364,593.80

TVL still steadily growing after the recent drop in value of assets across all of Crypto. What you want to see is that slow and steady trendline. Even if there is a sudden drop, the trendline is still positvely up and to the right.

[Data Sourced On-Chain](https://bscscan.com/token/0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1)

## Multi-Token Bridge Stats

![image.png](https://images.hive.blog/DQmajXoJZGiKooDMo24cACC2L6NWaEz8eDB4Rw8vJ9A42W2/image.png)

- **bHBD-bHIVE:** $144k
- **bHBD-BUSD:** $235k
- **bHBD-CUB:** $131k
- **bHIVE-CUB:** $124k
- **Total**: $634k

Up over 20k since last report! This is a good sign. Keep in mind that we crossed $700k previously but then we saw the value of assets like CUB and HIVE drop alongside the rest of the crypto market. This led to a small drop in Multi-Token Bridge (BHIVE AND BHBD) TVL but the trendline, just like the total TVL on the platform, continues a positive up and to the right trend.

[Data Sourced On CubFinance](https://cubdefi.com/farms)

## CUB Burns

![CUB Token 2.png](https://images.hive.blog/DQmQ8MJUi25CTCoEgqipzXeFHyCVcyYVsW5PQzxNMw51Gkg/CUB%20Token%20(2).png)

Speaking of up and to the right... CUB Burns are ever-increasing! We're seeing more and more of the supply get eaten away. This is what we want to see!

![image.png](https://images.hive.blog/DQmad4XVXFgZtteLZYdET82BaWLTyd74JwVRJFnKt7aEgh4/image.png)

## Further Reading:

- **Latest Reports From this Account**: @cubdaily
- **Latest CUB Burn Report From the LeoTeam**: https://leofinance.io/@leofinance/cub-monthly-report-or-october-2022-350k-cub-bought-and-burned-bhbd-and-bhive-liquidity-depth-grows-30

## About CubDaily

I'll be using this account to report on the CUB stats each and every morning. Together we'll track the growth of CUB under the completely revamped ecosystem that LeoTeam has built called the Multi-Token Bridge.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cubdaily/daily-cub-report-or-wrapping-volumes-might-exceed-usd500k-in-november-a-39-increase-from-october)

👍 leo.voter, tomhall, bnb-hive, whatsup, quochuy, steemaction, bitrocker2020, raiseup, dlike, roleerob, neal.power, bitcoinflood, nateaguila, megavest, katerinaramm, ssjsasha, gadrian, kevinwong, leofinance, davdiprossimo, p-hive, prosocialise, steem.leo, onealfa.leo, smartvote, beta500, pouchon.tribes, onealfa, khaleelkazi, cflclosers, uwelang, venarisyndicate, gniksivart, drag33, eddie-earner, pladozero, cielitorojo, ew-and-patterns, travelwritemoney, rufans, stefano.massari, thefalcons, videosteemit, enjoyinglife, mintfinch, cakemonster, sacrosanct, break-out-trader, vintherinvest, ireenchew, toocurious, organduo, douglasjames, r0nd0n, mayor333, trangbaby, hykss.leo, cugel, tsurmb, obsesija, grabapack, elgatoshawua, killerwot, jacuzzi, and 299 others
👎 xleo.voter

`author`	cubdaily
`permlink`	daily-cub-report-or-wrapping-volumes-might-exceed-usd500k-in-november-a-39-increase-from-october
`category`	hive-167922
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`created`	2022-11-19 18:19:48
`last_update`	2022-11-19 18:19:48
`depth`	0
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`cashout_time`	1969-12-31 23:59:59
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`pending_payout_value`	0.000 HBD
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`root_title`	"Daily CUB Report \| Wrapping Volumes Might Exceed $500k In November (a 39% Increase From October!)"
`beneficiaries`	`[]`
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properties (23)vote details (364)

voter	rshares	pct
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kevinwong	91,456,085,588	12.5%
leprechaun	807,668,362	13%
ssjsasha	136,886,159,788	100%
webdeals	2,674,826,743	10%
rufans	27,341,461,414	50%
uwelang	47,409,989,027	20%
whatsup	602,921,664,822	100%
funnyman	6,625,961,052	25%
r0nd0n	16,672,938,253	10%
successforall	8,310,112,538	6.66%
ahmadmanga	1,377,687,391	35%
stefanialexis	2,317,930,589	50%
eirik	3,120,493,216	100%
l337m45732	5,280,124,964	10%
bitrocker2020	314,008,553,285	25%
drag33	40,099,602,064	100%
scooter77	6,097,722,564	3%
bitcoinflood	243,869,995,295	10%
ew-and-patterns	27,787,494,850	10%
ufv	1,478,404,210	25%
gniksivart	40,639,908,743	30%
runicar	4,382,572,451	50%
dante31	1,216,032,569	25%
shebe	713,281,425	8%
khalil319	1,492,398,872	25%
thauerbyi	7,207,238,224	45%
jeanlucsr	5,813,493,982	10%
aaronleang	5,228,039,444	25%
pardeepkumar	1,734,767,963	50%
cflclosers	48,012,832,656	100%
marketinggeek	1,497,469,749	50%
bahagia-arbi	1,247,559,206	50%
nurhayati	547,870,748	12.5%
roleerob	249,796,064,386	25%
toocurious	19,566,684,302	100%
thetimetravelerz	9,184,216,683	25%
khaleelkazi	50,543,054,193	50%
senorcoconut	6,124,774,562	12.5%
paulmoon410	1,396,820,443	10%
vintherinvest	22,253,056,293	25%
katerinaramm	137,339,814,398	100%
ocupation	5,382,871,275	50%
joannewong	2,160,040,704	25%
enjoyinglife	24,576,007,266	50%
vempromundo	3,044,473,793	25%
purefood	4,921,977,932	50%
videosteemit	24,640,420,304	100%
tomhall	1,465,085,688,580	100%
annabellenoelle	5,701,975,861	100%
elektr1ker	1,120,357,484	25%
mindtrap	876,593,322	50%
dwayne16	894,772,467	2%
organduo	19,239,623,510	50%
d-zero	9,220,825,414	10%
obsesija	13,742,592,916	25%
sd974201	1,389,217,819	3%
gadrian	113,147,947,957	20%
silwanyx	3,482,236,055	50%
tsurmb	13,934,088,474	25%
ross92	1,049,052,799	25%
quochuy	362,114,333,119	6.33%
getron	2,934,475,631	50%
break-out-trader	22,364,403,431	50%
zaxan	2,441,533,761	25%
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steemxp	3,140,426,654	25%
gaottantacinque	330,581,508	100%
steemulant	97,045,049	6.33%
shortsegments	1,056,131,630	2.5%
gallerani	3,205,860,420	50%
ireenchew	20,601,126,941	35%
smartvote	54,772,224,308	2.4%
jk6276	2,144,367,992	40%
raiseup	254,035,286,769	50%
gasaeightyfive	792,509,160	100%
dlike	253,512,823,751	50%
triptolemus	939,558,773	50%
steemaction	355,272,786,440	50%
oakshieldholding	1,290,408,335	10%
cribbio	1,184,212,140	100%
stefano.massari	26,056,437,612	24%
douglasjames	16,828,255,239	100%
jonela	689,999,659	50%
cakemonster	22,379,747,490	25%
currentxchange	6,139,349,405	10%
jacuzzi	10,506,265,846	6.25%
samsemilia7	571,605,594	40%
coriolis	495,532,452	25%
ragnarhewins90	494,863,685	10%
anonsteve	3,427,578,931	50%
flyingbolt	3,879,924,034	50%
apokruphos	3,674,664,614	1%
steemtelly	1,937,284,072	6.33%
limka	13,885,809	17.39%
engrsayful	751,678,752	12.5%
thefalcons	25,092,419,678	100%
crazydaisy	566,976,155	100%
bigmoneyman	900,265,484	50%
megavest	140,846,473,487	50%
aboutheraklion	1,859,279,794	50%
shauner	8,157,409,958	25%
travelwritemoney	27,448,309,511	50%
belico	503,982,370	100%
invest.country	2,029,516,023	50%
kgswallet	1,336,792,483	25%
steem.leo	64,194,092,280	50%
leovoter	210,219,301	10%
leo.voter	40,730,689,509,900	50%
leo.curator	2,026,520,067	40%
onealfa.leo	59,320,860,665	10%
empoderat	4,878,925,379	25%
vxc.leo	0	100%
leo.bank	1,376,015,654	50%
learn.leo	1,114,969,031	50%
babytarazkp	4,267,566,496	40%
asteroids	4,110,711,990	50%
poam	1,163,434,537	49.5%
arctis	896,208,523	49%
agro-dron	5,281,902,073	50%
eloi	937,316,461	49.5%
refinement	1,025,019,779	50%
furtherance	921,516,946	50%
beta500	53,771,234,481	50%
tomhall.leo	0	100%
pouchon.tribes	52,329,924,171	37.5%
ph1102.leo	824,944,461	100%
coinlogic.online	7,765,355,860	25%
astraeas	535,828,946	50%
chloem	7,685,758,795	50%
leotrail	1,959,264,861	50%
cd-leo	531,760,939	100%
oelgniksivart	964,369,105	25%
blocktvnews	893,075,608	50%
autowin	1,002,246,072	50%
meosleos	991,723,611	49.5%
sacrosanct	22,379,669,739	50%
invest2learn	1,312,734,352	50%
onestop	9,427,075,860	25%
moonappics	845,701,056	10%
leofinance	88,744,823,071	50%
x9ed1732b	9,867,495,048	22.5%
politicalhive	288,434,805	100%
zuly63	1,247,398,954	40%
beehivetrader	1,947,619,595	25%
syberia	1,293,909,067	25%
w-t-fi	2,267,661,633	100%
adedayoolumide	1,906,832,952	25%
trangbaby	16,074,480,125	6.33%
eddie-earner	32,941,051,189	25%
wrapped-leo	851,844,504	50%
ztfo	1,086,583,494	47.5%
bepresent	907,069,106	47.5%
jobar	1,076,315,561	50%
kaef	970,876,834	47.5%
gcomplex	933,019,281	50%
integrated	1,039,350,902	50%
hanez	1,173,200,127	50%
officialhisha	1,355,020,894	5%
minebb	981,719,680	48.5%
plasticsoul	1,005,866,692	50%
scrpt	968,196,931	50%
grosh	1,365,055,627	25%
druma	1,011,925,041	50%
ropehold	931,667,207	50%
infihedge	1,082,872,176	50%
fitlet	622,708,432	50%
tokenx	927,685,861	50%
strk	929,430,743	50%
stackfi	1,049,667,831	50%
hemerit	965,733,676	50%
midtrain	910,789,357	50%
starle	935,612,768	50%
thorc	918,811,917	50%
meta.condeas	1,941,822,292	50%
basechain	915,119,721	50%
janku	910,679,163	50%
torrey.leo	669,934,546	100%
flowc	916,805,181	50%
psgood	973,336,314	50%
tv-d	917,029,809	50%
reonarudo	3,445,800,459	25%
supersla	910,385,421	50%
alorian	918,550,417	50%
slat	916,679,491	50%
protoleo	917,437,969	50%
muski	934,616,560	50%
netaterra.leo	1,569,256,601	45%
twrk	966,888,331	50%
eth2	1,012,212,176	50%
tslap	992,651,055	50%
hodol	984,249,807	50%
theco	991,305,349	50%
muskland	993,180,773	50%
hochismin	974,893,379	50%
finleo	945,368,856	50%
givup	990,733,855	50%
etheru	1,002,975,866	50%
leo.tokens	4,599,501,258	50%
bynd	1,003,959,301	50%
elong	989,547,436	50%
ammonite.leo	1,637,651,482	100%
logroll	1,021,994,965	50%
outperform	997,045,757	50%
perfi	983,808,374	50%
adamada.leo	837,328,356	100%
hykss	4,118,269,816	50%
foreo	1,001,596,752	50%
bruton	1,025,520,529	50%
capsule	998,032,496	50%
sn8	999,253,232	50%
rondonshneezy	3,586,545,031	25%
fundament	999,052,370	50%
v10r8	970,326,587	50%
index-a	980,288,878	50%
kropak	965,410,385	50%
bitbi	985,703,419	50%
cielitorojo	28,911,932,729	25%
feelfor	981,962,232	50%
mercador	969,022,307	50%
companyx	1,004,717,476	50%
hallogen	981,655,343	50%
hodldays	972,182,958	49.5%
hykss.leo	14,209,294,276	1.5%
mandawanda	1,001,310,408	50%
portfoliomargin	1,004,121,431	50%
babeltrips	1,287,457,078	3.16%
fremo	969,989,781	50%
deliveries	977,498,959	48.5%
jackedup	955,862,616	48.5%
tierbtc	951,430,819	49%
cancu	503,724,159	25%
compoundin	966,914,378	49.5%
frankjr	980,616,756	50%
waiting8	967,524,217	48.5%
boardgame	0	100%
starked	960,070,500	50%
mk2	945,105,083	47.5%
onemoretea	1,132,884,912	50%
ghostdrive	966,988,030	48.5%
thatbull	1,000,381,014	50%
heimdalla	983,004,541	49%
pitchleo	979,279,056	50%
hollywoodz	983,089,360	50%
zbh1	987,795,246	49.5%
blockhire	984,731,510	50%
f82	999,117,412	50%
natureway	998,030,122	50%
knowhere	984,291,524	50%
gamor	977,509,942	50%
dvision	984,713,685	50%
zarwelius	617,155,347	25%
repayme4568	671,527,517	25%
quantumant	997,643,544	50%
cvlwar	985,949,374	50%
sanctum	997,449,118	50%
challa	962,200,409	50%
apeople	993,929,976	50%
quantumblank	1,016,120,004	50%
endgames	1,161,571,541	50%
bananass	1,244,635,166	32.5%
justbuild	995,617,885	50%
realleader	1,015,704,371	50%
gohodl	996,609,521	50%
leverup	1,119,903,374	48.5%
justcapital	1,001,702,294	50%
reflecting	1,000,917,066	50%
buildhedge	984,602,525	49.5%
elongate	1,780,521,682	50%
amongus	1,977,360,814	50%
elgatoshawua	10,956,609,107	25%
seevision	981,035,595	49%
zdigital222	1,068,821,469	100%
yellowstone	1,002,372,758	50%
floobrecords	761,771,951	25%
runify	1,014,676,195	50%
luckyali.leo	1,841,203,431	50%
cybermusk	1,002,771,869	50%
cornerbreak	1,003,430,632	50%
findbalance	1,014,464,835	50%
saylorfy	1,033,386,479	50%
lasergang	1,003,269,464	50%
billionsight	981,747,406	50%
darkelon	1,002,388,960	50%
onemission	975,710,932	50%
totalrekall	1,007,921,053	50%
capitalcost	974,546,189	50%
b-leo	9,929,031,998	50%
creodas	1,287,044,841	37.5%
mayor333	16,448,141,147	100%
blacardi	717,103,632	40%
stablefi	979,910,941	50%
ledg	1,013,112,392	50%
ironhot	1,012,872,764	50%
mylioness	1,004,887,417	50%
leoball	2,931,586,524	50%
leonordomonol	1,224,683,967	100%
pubgood	1,008,654,165	50%
bitjoins	973,894,957	50%
blockdate	1,040,189,321	50%
impurgent	746,144,582	40%
tolf	1,007,654,713	50%
hodlmi	988,360,052	49%
optionfreedom	953,298,872	50%
selectyourself	997,630,407	50%
brume7	4,569,781,717	25%
sodomlv	7,995,330,122	100%
robmojo.leo	1,461,470,476	40%
steentijd	10,217,732,419	25%
bella76	1,955,318,834	25%
solominer.leo	741,288,536	100%
bokica80	7,763,491,414	25%
panosdada.leo	523,802,663	100%
dinvest	711,189,701	50%
andriko	520,536,871	50%
sovstar	780,520,217	25%
banzafahra	3,274,365,337	25%
cervantes420	4,607,139,139	50%
cugel	14,207,816,361	25%
gehenna08	581,584,253	25%
kushyzee	2,159,306,973	25%
eddie-3speak	5,117,016,065	50%
njker	1,444,765,892	50%
barizon	1,213,952,456	100%
trasto	2,779,797,746	25%
kimloan	575,294,240	3.16%
rynos-6	683,732,702	100%
senseisar	667,965,139	25%
dora381	2,276,001,616	6.33%
whynotcamp	1,065,377,226	6.33%
davdiprossimo	71,096,376,192	100%
crazy-bee	761,151,590	6.33%
mintfinch	22,944,504,394	100%
sunnyvo	1,086,847,843	3.16%
leoalpha	584,399,902	50%
waivio.welcome	1,057,670,715	2.03%
ehizgabriel	529,640,101	25%
brainstommer	830,278,433	25%
zeclipse	1,496,125,773	50%
saboin.leo	341,003,585	54%
femcy-willcy	2,478,830,312	25%
jkeen33	1,101,215,048	37.5%
ivypham	1,221,590,067	6.33%
grabapack	13,445,582,606	25%
killerwot	10,616,685,949	25%
venarisyndicate	43,182,899,799	50%
prosocialise	67,813,079,844	25%
khaltok	4,536,391,943	50%
plicc8	1,370,660,514	40%
vrezion	1,117,245,767	100%
kam5iz	1,071,418,137	17.5%
fasacity	3,880,494,739	80%
xleo.voter	-248,910,000	-50%
inibless	1,048,599,762	25%
p-hive	69,713,197,504	50%
master-lamps.ctp	49,278,533	100%
oasiskp2	491,072,394	50%
bnb-hive	905,534,319,671	50%
playforfun	519,851,692	50%
specific-leo	1,785,435,808	50%
neal.power	245,473,912,124	50%
cubdaily	4,729,921,463	50%
peakecoin	963,789,176	100%

`author`	dalz
`permlink`	re-cubdaily-3tdagr
`category`	hive-167922
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`created`	2022-11-21 10:58:57
`last_update`	2022-11-21 10:58:57
`depth`	1
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`root_title`	"Daily CUB Report \| Wrapping Volumes Might Exceed $500k In November (a 39% Increase From October!)"
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`max_accepted_payout`	1,000,000.000 HBD
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