CUB Finance experiment - month 9 - down bad

in LeoFinance3 years ago

Well. Actually the numbers are not that bad in this post, but since the post has a few weeks delayed numbers in it, then currently when you're reading this the numbers are much worse.

cubdefiexp9.png

CUB price is at ATL - all time lows $0.85 currently. But when you have not lost money have you even invested actually? Not losing money with investing in these market conditions is hard, almost impossible. Only some better traders might get good results. So DCA - dollar cost averaging would be the best way currently and actually it works in all conditions when you buy a good stock/thing. The question becomes, is CUB good enough to survive? I don't know.

You can try CUB on BSC for now here - https://cubdefi.com/ or PolyCUB here - https://polycub.com/

The allocation - no change.

allocation.png

$ amount in farms and kingdoms

dolinfarmking.png

Down from 600 something to under 500. So negative since the start of the experiment. 9 months and no profit, that's not how it was supposed to go right? :D But still better than most crypto stuff since the beginning of the year.

Cub price during the month

cubdailyprice.png

No comments about that. Down from $0.25 to $0.15.

Cub amount - only positive

cubtotal.png

This is the only chart going up right now, but does this matter when the price goes down?
It depends. When the market gets better, then it would be a good thing. But when price keeps dropping faster than the new coins come in, then it's worse than holding dollars in some stable pool.

The PolyCUB airdrop was for this update at about 300 polycubs in xpolycub thing.

Just checked the first experiment post. The cub price was at the start $0.742 and experiment had about 350 cubs. So we are at almost 6x the amount of cubs, but price has also gone down about 80%.

Found this funny sentence from the first exp post: "So the result is that it all generated 10% in 1 month, over a year if everything would go in the same way, it could generate over 100%." I was too positive about the market obviously - lesson learned. Also my timing with posts has become horrible for myself, not sure if the next ones come, since I collect now less data during the month, and there's less graphs with less information. But I might still try and do the small update posts similar to this one.

The team does all sorts of things and seems to work on to making it better, yet the market has become super low for now. The world situation is also at crazy lows. Last year was a roller coaster to crypto, who knows if and when we see anything like that again.

Keep going and don't give up!

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CUB is pretty low but I think we can see CUB Finance roaring soon.

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The end of the airdrop was really hard on Cub. Everyone was expecting the price to keep going down as the airdrop gets closer to the end but it was a little more aggressive than anticipated. CUB will take some time to turn around but I'm confident that once it starts integrating some of the polycub upgrades it will start rising once again. At the moment Polycub is way superior to CUB in terms of tokenomics

Yes, quite possible. Have to see.

The long term potential CUB holds when all the dynamics of Polycub are implemented is huge, good to see you still have diamond hands mate! Thanks for sharing in Leo Finance this thorough analysis of our DeFi ecosystem!

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