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
Well, im not going to lie and say it's been a good week. We've all been getting REKT and what can we do about it? Nothing, we just continue on as is. Anyways, earnings this week are down because our crypto is worth less and we get smaller harvests to put it into the simplest terms. The CUBlife APY is still decent and during these times when the markets are not doing well, i consider everything over 20% as a win. 

Total pool this week is 391 LEO to liquid holders and 59 CL to CL stakers. They will go out this evening. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wggcLq7isefCpKb4CKCJQP6f64GiFtZrxKazsL5rdm84EfuLqicxkbbdHkbZ1xyuncd.png)

- Blue = BSC
- Orange = POLY

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23tw47PyKLuHUm9crQ5S3oNGMNo4RcqvG3UNVmpueKJsR8NmAyZJ4RJDaoy8a1byZKUEh.png)

It's been fun watching this wallet's value drop like a stone. It's actually been very painful but I laugh because all my wallets and the ones I manage are going down. Your wallet is down overall as well im guessing. This is ok if we think long-term at least 4-5 years into the future. This wallet peaked out at almost $20k value and has dropped down to $6k today whilst compounding 40% of harvests each week. When the next bullrun comes round in 2-3 years are whatever, this wallet value "should" increase to a much higher dollar amount when we factor in time. 

If CUBlife's average wallet APY is 50% and 40% of that is reinvested, we could say that we compound at roughly 20% per year. In 3 years' time plus the last 1 year, we will compound for almost 4 years at 20%. To double our wallet at 20%, would take 72/20 = 3.6 years. We could guess based on these numbers that CUBlife's wallet will be worth $40k at least for its next peak when the crypto price returns to the current ATH's

Right now the wallet is worth $6k and to be honest, I think we'll see it under $5k at some point. This would be the absolute best time to invest in CUBlife when it's at its cheapest. Buy in when it is worth under $5k and earn a passive LEO income while waiting for your investment to roughly 8x. Crypto is a crazy game for sure, that 8x is based on getting back to current ATHs and does not even factor in the fact that most of our holding will surpass them during the next bullrun. So, chances are we could do much better and it could reasonably be 10x plus. 

Sadly we have alot of pain between now and then. It's ok, we will get used to it in a few months and $20-25k BTC will be the new normal. If the APY stays over 20%, im happy with that. 




![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

The markets are doing what they are doing and we can only roll with it. The APY is still over 20% which I think is the highest LEO dividend token, deffo the top 3 if there's something I dont know about. 

Nothing much changing for us, the main goal of CUBlife is to produce a weekly LEO dividend. If the value of the token increases with that, bonus! I dont see why it would not. Our 3 biggest holdings are LEO, ETH and BNB and long-term twwoooo out of threeee ain't bad. Only joking, im listening to meatloaf. Long term, all these tokens will see growth, we all know this so long term like 3-4 years away from now we're good. We'll wait maybe 6-9 months and then when i think we have hit around the bottom, we push CUBlife when it's at its cheapest and give it a massive growth boost. Remember the bigger the wallet, the more we harvest, the more bLEO we bring back to LeoFinance, the higher the weekly dividend pool and the more LBI makes. 

Dividends will go out in a few hours from now so enjoy that as a great way to start this weekend. Peace out CUBlifers! 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-57)