CUB Airdrop Completed

in LeoFinance4 years ago

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March 10, 2021, 2:52 PM PST

The airdrop was 4 times smaller than expected. 25k went out instead of 100k. Personally I think this might have been a mistake to airdrop so few coins, but then again it looks really good for the network in terms of luring outsiders to the LEO ecosystem.

@edicted airdrop: 348 CUB

As predicted, I received more than 1% of the airdrop. 1.382% to be exact. I won't complain about getting over 1000 theoretical dollars for 'free'.

Where is the price going?

I'm getting major Uniswap vibes with CUB. Expecting price to bottom out around $2 a coin in the short-term. On Monday, inflation/yield will be reduced from 86,400/day to 57,600/day. The question we have to ask ourselves: will the price of CUB go down because yields were greatly reduced, or up because inflation was greatly reduced? I guess we'll find out.

Personally I'm in this for the long-haul as always. My airdrop is a tiny drop in the bucket compared to my total holdings. In fact, I'm currently farming more CUB every day than my entire airdrop because I'm such an ape.

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Diamond Hands.

Again, it doesn't really matter if the price of CUB crashes to $2 or $1. In fact, liquidity is so massive that an obscene number of tokens would have to be dumped for that to even happen. Farming these pools is just too valuable.

It will be nice when inflation/yield gets reduced to the base value (28800 tokens per day). That's when the market should start equalizing and we'll see where we're at. Again, will the price go down because yield is cut to 1/3, or will the price go up because inflation dropped by 67%?

This ape doesn't really care.

Give me more diamonds to hodl, plz.

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@themightyvolcano @danielsaori @kubbyelizabeth @whatageek @mickowen @ronaldoavelino @flipstar @asteroids @preparedwombat @ezrider @john371911 @rosacoins @ssjsasha @twinner @felander @dylanhobalart

Claim your CUB, friends!

The wrapper will be destroyed in 6 days and anyone with CUB on HE will lose it forever. I'll be sure to do more reminders throughout the week.

Buy that airdrop dip.

Many complained about the airdrop saying it would crash the price. What a laughable notion. 100% guarantee that more CUB was bought by the users that got airdropped than dumped. A lot more. 25k was a drop in the bucket; just enough to make the diehard LEO community ravenous for more CUB. Well done, Khal.

Conclusion

Much like Uniswap, it doesn't matter how much CUB is worth over the next few weeks. This is a mega-bubble year. What will the price be by Q4 and how much can we farm by then? I'm guessing quite a bit.

CUB is the DeFi token of LeoFinance and the ultimate bridge into the BSC ecosystem. If you think the only utility is going to be farming more CUB you're dreaming. Khal knows what he is doing, and he's scaling up during a mega-bubble year and pumping out development faster than any other team due to the sleek mechanics of Hive, MetaMask, BSC, and all the other open source tech out there. Plug & Play.

P.S.

https://howmuchismylp.com/

MasterChef address:

0x227e79C83065edB8B954848c46ca50b96CB33E16

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I convinced multiple Litecoin Bros to ape into this pool with me.
As if they were gonna figure all this stuff out!
Send your money now!

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Time to do what LEO does best.

APE! HOLD ALL CUB. CHOKE THE SUPPLY!
GAMESTOP ALERT: AMC ALERT : APE ALERT

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Not financial advice.
Dump on me I dare you.
$2 CUB all-in let's go.

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$2 CUB all-in let's go.

I am going to buy some more below $3.5 if the price swings to that levels. Though I do not expect, I may increase the amount of the investment gradually as the price goes below $3

Some nice air drops. Can't complain! Got me a little kick in the butt to start earning and covering my fees lol
After this week is up we should start seeing a nice uptick in price as less get mined and increase promotion happens across the platform.

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I will def buy more if it enters 2$ levels,...right now for me, it is a case of how low can you go,....then what comes next. Grabbing my chair and popcorn....itll be fun to watch

I have not been able to wrap my head around BSC yield farming. Maybe I’m just as dumb as I look?

I’m going to go the low-tech route and sell my airdropped CUB over the next few days. Power up the Hive or buy more LEO to stake? Meh, free money is free money.

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There is a learning curve.
Dumping is always an option.

I am already all-in. Now it's compounding time.

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Haha, lucky we are talking about virtual world Leos and Cubs. :)

Because in Africa... they tend to eat them.

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Please keep you hodling hands and bags, inside the ride at all times, remember this is no FUD allowed while on the ride, and make sure to visit our FOMO giftshop while you're here!

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Congrats on your huge stake in CUB. happy for you!

They did an amazing job with a complicated drop, extremely impressive.

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Such a weird airdrop.
Drop in the bucket airdrop.
Good tokenomics for scaling up into DeFi.

All I know is to stake in the cub den and berate Khal until he gives us a bLEO/CUB pool+farm.

thank you, didnt receive it. just started on leo a few days before the drop.. but happy to enter the farm

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The yields blow my mind every time I look at them. One part of my brain says this sh*t is unsustainable, but then I buy more CUB. As you said, we're just aping into this at this point.

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This will go on as long as there are more investors coming in. Q4 is the time to SELL.

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I’m waiting for the dust to settle and the weak hands shake out. I did learn a great deal about Binance today. Personally I’m a little BEP’d out..

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Thank you for the mention, was not aware of the airdrop.

I believe we must buy the dip, the best are to come...

We didn’t show on yieldwatch nor Autofarm yet. I expect CUB to go up after that happens.

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What are the sinks for CUB? Can't see much use for it.

If the only use that can be imagined for this token is sinks we are in a lot of trouble. CUB is the gateway for LEO to all things DeFi. By the time you have this mythical reason to buy in it will be too late. Development is happening at lightning speeds.

So is it better to accumulate bLeo or better to accumulate Cub...
I guess You answered already Cub will be the platform token and BLEO is just a bridge?

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how does one accumulate bleo?
indeed bleo is mostly designed to be bought/sold and ported

What can I use it for other than to make more of it?

Just wait. As @edicted said, CUB will underpin a host of services built as part of the Leo ecosystem.

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Looks like I got 2 Cub in my Wallet, need to spend some time figuring out the claiming process !

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It is pretty easy just follow the instructions from the last post. But you will need some BNB for the gas fees. The fees are way lower than Eth gas fees though. You only have a week to claim them on BSC so be sure you do that.

The fees on Ethereum are as ludicrous as to make it unusable.

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Yeah it really is. Unless you get over 1k worth it is not worth it.

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I got mine and I intend to hold it, don't have any bnb to farm, I really learned something new with this airdrop. Amazing job you guys do

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Just staked my 2.2 CUB, feel like a minnow, but that's what my airdrop allocated to me. I presume we can buy on Hive-engine from those who are selling theirs?

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Don't buy on HE.

Stick to https://exchange.cubdefi.com/#/swap Use the bLEO bridge if necessary. https://wleo.io/bsc

Aha, many thanks for the info.

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Reveal spoiler

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WOW, a lot of money in that you have!

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I'm helping some of my Litecoin bros out by managing their money on this one.
Not all mine.

Yeah, I bought at $6.00 lol, but I am not worried, got them cubs staking. A great project so far, I like what I am seeing, and the incredible community built around it.

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Ah yeah right after the airdrop?
I thought about buying that spike.
Glad a waited a few hours.

Hi @edicted

Question

I want to deposit in the Eth-BNB pool, I assume I wrap the ETher on Binance Chain? And it shows up in my BSC wallet as a BEP-20?

Have you looked into that?

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I did it by first sending the ETH to my Binance-account.
Than withdrawing from that account gives the option to send it to a BSC-address:

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Great!
So did you create a BSC B-ETH wallet and use that address?
Thanks

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If you then send ETH from your binance account to that Metamask-wallet, selecting the correct transfer network I indicated above, it automagically shows up. And if you connect that wallet to CubDefi you can use the ETH to buy CUB of BNB or bLeo or whatever else you like.No, I use a Metamask-wallet address I already had and configured MetaMask to use the Binance Smart Chain as well. There are already several posts on how to do that, including one by @edicted.

In MetsMask it look like 'regular' ETH, no wETH or bETH or such.

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💪🏼

My 1,21 cub is already staked, and joined in on the LP as well. Might as well take advantage of that insane APR!

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Holding strong ✋💎🤚
True I barely feel the airdrop but hey it’s free money !

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Never sell. As I said. Great advice, diamonds only.

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Got 1.155 Cub airdropped and bought another 24 to stake it all. I would be happy to see the price drop, will be able to get some more for a good price and add to my stake.

I didn’t get much of an airdrop but I did buy 30 Cub around $7..... bad timing ... but with the simple Cub Den (10x) the magic of high APR I’m up to 40 Cub already. Go Cub Go. Now I need to buy more LEO.

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I will get on it!

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I have a theory that most people would be selling/swapping Leo for cub because of its volume in comparison to that of cub. So if anything is going down it won't be cub. Just a theory.

I'm just farming and waiting for the inevitable: $cub at $50.

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The airdrop was really well done. I was so pumped they put this on the Binance Smart Chain. I went planet of the Apes status!

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Waiting for Cub at $2 is like waiting Hive at 10 cents, my friend.
That train is long gone.

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@oldtimer it is really long gone..the token will keep growing in price and i want that to keep happening....

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$2 is a definite buy. The lowest i managed to get some CUB at was $3.50. Now it is going up and up.

CUBs are brilliant! Farming since day one.

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