To be perfectly honest, the CUB announcement was a bit of a surprise for me, but still very cool. This might be a more reasonable way for me (and lots of people) to get their feet wet with DeFi. So far, I have just been observing from the sidelines... just wasn't "feeling it" as a very small investor, with the cost of those GAS fees. I just hope Hive eventually gets on the bandwagon... we've got the chain capacity and speed, and fees? Time will tell.
Will the Leo Finance ecosystem become a $1B behemoth? That would be quite something, wouldn't it? Wonder what that might do to the market cap of Hive... pull it along, or have no effect?
=^..^=
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BSC does solve that since what costs $40 on ETH is a buck or two on BSC.
Ultimately I think it will. We still need more decentralized smart contract capabilities. Once we get that, we can start to create applications that will fill the void.
In the meantime, it is up to us to try and attract users in.
I would say it most certainly would help to draw the value of HIVE higher. To reach that market cap, we need to have a successful, thriving social media application(s). Projectblank could be that. If so, it will eat up a lot of Hive.
In my mind, Hive's future value is going to come from the user base. Call it the ultimate Network Effect, the combination of social media and finance. Yet to truly get there, we are going to need a few more applications to break through in addition to Leofinance.
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