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RE: LeoFinance Weekly Dev Update #4 | LeoFi Approaching 100 Leases in 1st Week, New LeoFinance UI, CUB IDO Testing and Rollout

in LeoFinance3 years ago

This…

The first IDO will be a bit of a learning process for everyone. Nobody really knows the true impact on CUB that burning $125k worth of CUB will do. This will double the amount of CUB that has ever been burned since the launch of CubFinance back in March, but it will also create an interesting dilemma for users who are in the CUB Kingdom, CUB-BUSD and CUB-BNB pools.

…is indeed very exciting.

The beauty of Leofinance and Cubfinance is the continuous learning opportunities in the “real world” of decentralized finance.

You hit the nail on the head with this…

Do you migrate CUBs? Do you buy more CUBs to participate? Do you ignore the IDO opportunity altogether?

Yes indeed that is the question, and many of us are prepared to invest some of our previous Cub in what I see as an important part of Cubfinance’s future. I think we may look back at this and say it propelled Cubfinance and into the big leagues!

Go Cub! :)

Posted Using LeoFinance Beta