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

I did the numbers this week and near crapped myself, I saw our earnings are almost double what they normally are and then remembered I did no harvests last week due to my PC problem and setting up my new one. Anyways, Im a lazy man and I know that dividends were paid out last week but screw it, lets's just issue the lot out and have a very week where investors earn a week at 40%, back like the good old days. 


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wMoMN7nRw1c58pntkRxsK2DqoVzNXYC9ps5WgJcAdZ9GPEYhi8AZVYJSuP59drzpSYY.png)


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


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23uR77zT9p9uUBQh2jESbtj5QACbXivmbtfRhGUsFzc8aQtUzChDKJ6eCrBCgVcuadvTW.png)

Just been cnoverting harvests to bHBD/BUSD and staking it to the farm. Im a little wary of CUB kingdoms atm because i recently had 3 wallets frooze for 3 weeks a few weeks back with not being able to transact at all, no adding, removing are collecting harvests. Im a liquidity whore and like access to funds 24/7 so I've pulled most holdings from kingdoms sadly. I stick with farms for a while.

We see the markets get a nice boast this week which is cool but im sticking to the plan and building that stable LP token. Would be nice to gather up at least $1000 and that might take 7-10 weeks depending on what harvest are like. 

EMP has made a small recovery, they are pulling out all the stops and it seems to be working. I don't think it'll ever regain peg but it might, i don't know. It is still producing good harvests for us so im staying with it. 

![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

We issued a few new CBlife tokens this month with 2 buyers. We have 1 investor that uses recurring payments to buy CUBlife week and we had a one off buyer for 500 HIVE which is really nice to see. That buyer has already got his tokens and should start getting his/her dividends from next week.

It's nice to get back to normal as in getting back on a PC and my mancave set up. Dividends will be shipped out this evening as always, have a great weekend folks. 


![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-73)