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CUBLIFE (CL) - Weekly report #50 by lbi-token

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hive-167922 · @lbi-token ·
$22.41
CUBLIFE (CL) - Weekly report #50
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

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wggcLq7isefCp7exPmoW7TDGDQxZzyGXbepxe4DS3fMJN3NtqQmUrcb28EZPc4QfW1Z.png)

I said last week, we'd be back to over a 20% APY LEO dividend but again, we miss the target. The price of CUB has dropped a little and APY's dropped with that. 18% is ok but i had higher hopes. Either the price of CUB needs to increase or lots of people need to pull funds from the farm for our position to improve.  

- Blue = BSC
- Orange = POLY

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23tw3b1sfd69gXdFMu4337E6St8JeYWxFya8vUc2w2h3QMxiiPuPh5WKdjgoH7zRkAWcD.png)

Just seen, i have not updated the "current APY's". Overall the market is down the past week a few percent and our total holdings have dropped by around $1500 this week but on the flip side, the LEO value increased by around the same amount at 1400 LEO. This weeks reinvestment money went into the BTC/BNB kingdom and we'll continue to add to this until there's at least 4 figures in there are something new comes along. 



![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. 

## Leo 

xx

## Hive

xx

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

### Roundup

Overall, not a great week. I had hoped the div APY would have increased to 20% again but it never happened. 

Some good news. If you bought into CUBlife with LEO, your doing a little better than 50% on your investment. Today's CUBlife LEO price is 3.39. I can't remember the exact LEO price on launch but im 90% sure it was around 1.8 LEO per CUBlife token. Just know that if CUBlife is ever fully liquidated, all funds will be converted to bLEO, unwrapped and split between CL tokens holders. Not saying it'll happen any time soon but someday it will happen and you'll be paid out in LEO.  

Anyways, dividends will go out this evening. What better way to start the weekend than by getting some either LEO or CL tokens are both shipped to your wallet each week. Have a good one 


![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-50)
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@cmmemes ·
$0.03
of course I didn't buy Cublife with Leo because smart investing is way too boring :P
👍  
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vote details (1)
@lbi-token · 
baa-hahaha. 

Its ok, HIVE will drop to under 20 cent someday and then it'll be all good. lol

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/re-cmmemes-3zcwwk)
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@cmmemes · 
that's what I tell myself at night :))))
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@curation-cartel · 
![Don-1UP-Cheers-Cartel-250px.png](https://files.peakd.com/file/peakd-hive/curation-cartel/23wgDhXHXhDmLCUp4RXCi4QwSwg2eCBXYV3b8uBMLvQ7BDWDG4eFSyWTp58qTjfu5ULQD.png) |  <div class="phishy"><u><h4>You have received a __1UP__ from @dynamicrypto!</h4></u></div> The following @oneup-cartel family members will soon upvote your post:<br> __<code>@leo-curator, @ctp-curator, @vyb-curator, @pob-curator</code>__  <br>_And they will bring !PIZZA 🍕_ 
-|-

<sup>[Learn more](https://peakd.com/hive-102223/@flauwy/the-curation-cartel-1up-trigger-smart-voting-mana-and-high-delegation-returns-for-14-different-tribes) about our delegation service to earn daily rewards. Join the family on [Discord](https://discord.gg/H5mxvTrexm).</sup>
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@dynamicrypto ·
$0.03
Awesome report, CUB Life... one day I will be able to get into this world of LEO DeFi !1UP !PGM

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dynamicrypto/re-lbi-token-4mjypl)
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@lbi-token ·
$0.04
thanks man 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/re-dynamicrypto-6l9nmh)
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vote details (1)
@pgm-curator · 
<center>Sent 0.1 PGM/LVL/1 STARBITS tokens to @dynamicrypto, @lbi-token</center>

<center><sub>remaining commands 7</sub></center>

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![image.png](https://files.peakd.com/file/peakd-hive/zottone444/23t7AyKqAfdxKEJPQrpePMW15BCPhbyrf5VoHWxhBFcEcPLjDUVVQAh9ZAopbmoJDekS6.png)
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<sub>I'm a bot, if you want a hand ask @ zottone444</sub>
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@ericburgoyne ·
$0.03
another good report thank you for all your hard work.

!CTP
👍  
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vote details (1)
@lbi-token ·
$0.03
No worries, its not that hard to maintain to be honest. Takes me an hour a week :) 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/re-ericburgoyne-q3slp)
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@failingforwards ·
$0.03
Hey! What's the current price in hive and Leo to buy more?
👍  
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@spinvest · 
![image.png](https://files.peakd.com/file/peakd-hive/spinvest/23wggcLq7isefCp7exPmoW7TDGDQxZzyGXbepxe4DS3fMJN3NtqQmUrcb28CbU1iwJAtw.png)
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@jfang003 ·
$0.03
LBI is still looking good at 18% APY because half of the yield is still put back in for the future.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-lbi-token-2vdm5c)
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root_title"CUBLIFE (CL) - Weekly report #50"
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author_curate_reward""
vote details (1)
@lbi-token · 
damn right. And 10% of cublife harvests go to LBI as well 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/re-jfang003-3ejbfi)
properties (22)
authorlbi-token
permlinkre-jfang003-3ejbfi
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created2022-04-23 22:50:00
last_update2022-04-23 22:50:00
depth2
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cashout_time1969-12-31 23:59:59
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root_title"CUBLIFE (CL) - Weekly report #50"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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