Viewing a response to: @tomhall.leo/re-cubdaily-wkar8
The DAO continues to accumulate $$ from Multi-Token Bridge revenue but I believe the team has stated in a few different places that the DAO Buyback Contract uses a trailing average price feed Since the price of CUB is up over 30% in the past 7 days, I assume the DAO has avoided buying much CUB. Though, it's hard to tell what timescale the DAO is operating on with this trailing price feed If the timescale is around 7 days, then the simple moving average should be catching up to the new baseline price of CUB - 20%-30% higher ($0.021 -> $0.025) Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cubdaily/re-tomhall-leo-5prftt)
author | cubdaily |
---|---|
permlink | re-tomhall-leo-5prftt |
category | hive-167922 |
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created | 2022-10-09 15:24:36 |
last_update | 2022-10-09 15:24:36 |
depth | 2 |
children | 0 |
last_payout | 2022-10-16 15:24:36 |
cashout_time | 1969-12-31 23:59:59 |
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body_length | 647 |
author_reputation | 43,613,417,826,993 |
root_title | "Daily CUB Report | HIVE Price Skyrockets and Creates a Vortex of Value for CubFinance" |
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max_accepted_payout | 1,000,000.000 HBD |
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