Authored by @silverstackeruk 

Hello, LBIer's and CLer's. Welcome to this weeks CUBLIFE (CL) token update. We are going to look at this week's CUB harvests, reinvestment and weekly dividend APY. This update post is released weekly, dividends are paid in LEO every Friday at 9 pm UTC and new CUBLIFE (CL) tokens are issued once per month every 21st. 



![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23w36Ph1VZS2wEZEqKVmXyh9fDqhBjbg8rj4WGeKYdyJZuhrUrRvYfXr9WLuBmJRisnnH.png)



**What is CUBLIFE?** 
CUBLIFE (CL) in a nutshell is a hive-engine token dedicated to investing in CUBfinance that pays out weekly dividends in the form of LEO. All LEO/HIVE raised from monthly token issues is invested in CUBfinance. 50% of weekly harvests are converted to LEO and issued to CL token holders, 40% is reinvested back into the platform and 10% goes to LBI as an operators fee for maintaining and actively managing the wallet. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

#### Weekly Income

This week has not been too bad for CUBlife in spite of the crypto market crapping itself and dropping off 15-20%. CUB and LEO are the only tokens that are important to us and they have both moved in sync so lucky for us. The token APY this week is 20% which is perfect. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wMoMN7nVSPzu9ic8yWqv1kW4AoJ2WRrhG9Pj6QELd6CMk78EGVDYk3KHVBh829nZ5YB.png)


- Blue = BSC
- Orange = POLY
- Black = Gas tokens


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23uR77zTMJ32LuSEMpHWrFKJRP1LWfscSTGbk36SQNkhA8m4Z2fiovtUjHb9Dbq7zQFQV.png)

I took this week's harvests and converted them into HBD/BUSD LP and staked it to the farm. This LP is growing nicely and its APY is pretty good as well for a stable LP of 31%. APY across the board have dropped from last week, well everything except for bLEO/BNB which is good because that's pretty much are biggest LP so 😊 

No changes with everything either, were staking stables and waiting for bargains. Lucky we are earning 30% on our stables, I'm thinking that we'll hit $1000 in there in around 8-9 weeks based on current reinvestment. Still not really sure what we will buy but we'll see at the time. I know it'll be something we can use on CUBfinance so no DOGE for us, i don't think Lion cubs and Doge dogs could be good friends, lol. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)


**This month's CL token issue**
Every 21st of each month, new CL tokens are issued to those that have sent either HIVE or LEO to the @cublife before the end of the 20th. The month goes 21st-20th. If you send in funds on the 21st, you'll be waiting till next month. Conversions take place once per month on the 21st with new CL tokens being minted to the same value as the existing ones in circulation. There are 12 CL token issues per year.

You can transfer LEO/HIVE or HIVEp from hive engine. If you send both LEO and HIVE, you will receive 2 token issues, 1 for each. You can confirm your funds have been received in the table below which are posted weekly and updated 2-3 times per week. 


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

### Roundup

It's been a solid week, I honestly was not looking forward to seeing what harvests were like this week but they've been ok. I did a mid-week harvest from EMP before it dropped 25% so that was lucky. As I said above, the prices of CUB and LEO are most important to us. The harvests divided by wallet value give us our APY and we honestly have little control over that. 

The reason the tokens APY is 20% this week is that most of our holdings are down 15-20%. I added this week's harvests to the excel sheet and it showed 17% APY, I updated the prices of our holdings and the APY jumps almost 3%. Its the same vice versa, if the market were to have jumped 20% this week, our APY would be under 15% because our harvests would be worth a smaller percentage of our holdings. 

Sorry, went a little OTT there but I hope it makes sense. Anyways, it has been a solid week, let's hope the markets chill out and we get some bounce action and everything goes up 5-10% are something. . Dividends will be shipped out this evening folks and have yourself a great weekend. 


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23yU2YDB8ViVQYs9XAw85oxoKouvLJcKQ97GCaL1AbzHtuA7rnZpPMCYBJX7fEyLHF79m.png)

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/cublife-cl-weekly-report-29-4hxfer)