New Hive-Centric Tokenomics Live on CUB | More than 15,000 CUB Tokens Being Burned on a Daily Basis

It wouldn’t feel like a Leo AMA without some CUB conversation! Posts on Leo, threads and even Twitter buzzed about the recent CUB mechanics and how the future outlook of our first DeFi token is looking better and better with each burn.

On average, the DAO is now burning ~15k CUB a day! The LP mining rewards is 1 token per block, considering there’s 28k blocks per day then the amount of Cub burnt on daily basis is a little bit above 50% of the daily mining rewards!

The more total value locked the Multi-Token Bridge Farm Vaults have, the more tokens will be burnt, but if you want to learn more about how the future of CUB looks promising, then this clip from our latest AMA is definitely for you.

The CUB Docs also recieved a major update. You can read the updated version, specifically about the Multi-Token Bridge, at this link: https://docs.cubdefi.com/mechanics/multi-token-bridge

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io