CUB needs your help! by notak

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @notak · May 19 '21

$7.39

CUB needs your help!

# What's happening at the moment

We can all see 20%+ drops across the board in the crypto markets, these are largely driven by two things that occurred in the last few days.
1. Elon Musk announcing he will no longer accept bitcoin for teslas
2. China announcing they will outlaw financial institutions using bitcoin (this is my interpretation of the events)

# What does this mean for CUB

Well CUB is now down to just over a dollar, and its only natural that it falls along with the other cryptos in the markets, its seen that cryptos are correlated to each other, so this is not surprising

# So what can you do to help the CUB price

Simple answer is buy CUB, lets try to keep it above $1, but there is more you can do

1. If you own Bitcoin wrap it, and then move it to BSC using the LEO bridge, the 0.25% fee will buy CUB and then burn it. (gas fees are a little high so use your own judgement if the Gas fees are worth it!)
2. Deposit your BSC Bitcoin/ETH into the Dens, the returns are great, and the 2% fee will buy CUB and burn it. You will earn back the 2% in about 2 months at current yields (if CUB price stays at $1)
3. If you are invested in a liquidity pool, consider investing your harvest in the Dens, as opposed to selling half and reinvesting in the pools, that way you aren't selling CUB, but adding extra liquidity to the pools is great too, as it allows for a higher bridge cap so either way its good for CUB
4. Get the word out on the benefits of CUB and how cheap it is to by at the moment.

If we can keep the price at $1 the yields are fantastic on the platform and you will truly see the benefits of the yields on offer, not to mention potential capital growth once all the initiatives like Kingdoms, and staking are implemented offering more opportunities to earn and burn.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@notak/cub-needs-your-help)

👍 empoderat, luppers, ssjsasha, whatsup, organduo, r0nd0n, contrabourdon, stortebeker, bearbear613, uwelang, urun, videosteemit, holybread, charitycurator, mountaingod, onealfa.leo, laputis, solymi, krunkypuram, dbooster, efathenub, road2nowhere, mayor333, tin.aung.soe, chris-uk, tfranzini, leovoter, michelmake, localgrower, badbitch, anttn, javb, friendlymoose, fulcrumleader, pouchon.tribes, ikaro, abh12345.leo, luckyali.leo, bala-leo, stickupboys, bastionpm, untersatz, daily-coin, gungunkrishu.leo, jonamccallum, queengaga, automaton, brofund-leo, mister-eagle, notaboutme, funtraveller, bagofincome, star.leo, meesterleo, mindtrap-leo, emrebeyler.leo, nadhora, senstlessmonster, freebornsociety, ammonite.leo, livingdigitally, lamprini, marketinggeek, linco-leo, and 20 others

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@allcapsonezero · May 19 '21

I bought in at 94 cents... lots.  I thought 2.00 would be the low... here is some DCA at work.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@allcapsonezero/re-notak-3fqvmj)

👍 notak

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@notak · May 19 '21

me too, but I only managed to get as low as $1.1, it all helps

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@notak/re-allcapsonezero-5bg7wt)

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@fabian98 · May 19 '21

I have something in mind for the Hispanic community to get involved in this and help the cub.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@fabian98/re-notak-6qxbmt)

👍 notak

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@notak · May 19 '21

Awesome, the broader the involvement the better

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@notak/re-fabian98-4cfkqy)

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@holybread · May 19 '21

Leaderboard Vote

Your current Rank (50) in the battle Arena of Holybread has granted you an Upvote of 22%

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@onealfa.leo · May 19 '21

$0.08

# 💥Boom !💥
https://i.imgur.com/5UpSG8s.png

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@onealfa.leo/re-notak-71rspj)

👍 whatsup

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@xiko · May 19 '21

BROOM!
![BROOM!](https://i.chzbgr.com/full/8560009472/hA7B73240/who-says-raccoons-are-messy)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@xiko/re-onealfa-leo-5qgsxf)

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@randumb · May 19 '21

nah.
none of these solutions fix what you listed to be the problem (tweets from a public figure & china legislation) 
nor does it give $CUB a use case, speed up the audit for the kingdoms, or ensure that users wont keep dumping especially since they have to sell it so they can make their 2% loss back from the deposits. 

the APYs are the only thing that are slightly competitive vs other places so to suggest that users marry a coin, a platform, & ignore basic defi tokenomics is dangerous af

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@randumb/re-notak-6ta927)

👍 notak

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@notak · May 19 '21

I agree that these can't change the crypto market as a whole, but do think it can help CUB, if the services offered by CUB defi are used enough, you could even have a burn rate that offsets the inflation, this will provide yield without inflating the token, might not appreciate the price, but who needs appreciation when you have such good yields.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@notak/re-randumb-2ejypz)

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@randumb · May 20 '21

that works if you have things live on the platform to make it happen. 
yesterday there was mention of just launching kingdoms with a notice stating that the audit for it had not been completed. i think that would help a lot. <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

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@solymi · May 20 '21

Now this is a short article that has something to say, not as some other short shit I read today which had nothing to say and still gets their 40 dollar upvotes...
Thanks you earned my vote (it is tiny) 100%

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@solymi/re-notak-439lv7)

👍 notak

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@notak · May 20 '21

Thanks for the feedback, sometimes its harder to write something short and still get the message across.
I don't want to get all literary on you but Mark Twain once said “I didn't have time to write you a short letter, so I wrote you a long one"

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@vanidike · May 20 '21

Liked! But would have loved to read about some more ideas of how to get funds to CUB. Still have not decided how to do this in the best way possible.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vanidike/re-notak-5eipdy)

👍 notak

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@notak · May 20 '21

I buy BNB, and send it to my BSC wallet. You can use Binance to do this if you are non-US resident. I actually use Crypto.com because that's what I use to link into my bank accounts, with crypto.com it requires an additional step, as you need to send it to a BEP2 wallet and then from your BEP2 wallet send to BSC. So I would recommend using binance its easier if you can, as you can send straight to BSC. 

once you have BNB in your BSC wallet you can use CUB defi to exchange into CUB.

👍 vanidike

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@vanidike · May 20 '21

thanks so much! so there's probably no way around binance, think I will make this move and sacrifice some of my holdings there. I am rather convinced by CUB ;)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vanidike/re-notak-4dh3b4)

👍 amr008.leo

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