What Is Cubdefi (CUB)?
Operational since March 2021, Cubdefi is a DeFi platform that operates the Multi-Token Bridge (MTB). The MTB allows derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets. The MTB Launched in August 2022 and serves as the core business model behind CubFinance and the CUB DAO (Decentralized Autonomous Organization).
Coin Basic | Information |
---|---|
Coin Name | Cubdefi |
Short Name | CUB |
Total Supply | 100,000 |
Max Supply | 10,000,000 |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Twitter Page | Click Here To Visit Twitter Group |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Buy & Burn Model
CubFinance operates on a buy and burn model. The protocol strategically pays yield to Liquidity Providers who create the foundation of the platform. CUB is one of the longest standing DeFi protocols in the industry. While most died a slow death (or in some cases, a really fast one), CUB has managed to continually innovate and create value in ways that most did not see possible.
The Multi-Token Bridge (MTB) shows us the future of CUB: becoming a derivative DeFi exchange. By creating, developing and operating the MTB, they are able to generate a disproportionate amount of monthly revenue for the CUB DAO Protocol.
Cubdefi revenue is deployed into a smart contract that buys and burns CUB on a daily basis. Removing tokens from the circulating supply and making CUB more scarce while also providing an “invisible hand” buyer of last resort.
BNB Smart Chain
BNB Smart Chain HIVE [bHIVE] is a wrapped version of the Token Hive built on the BNB Smart Chain blockchain. It is backed 1:1 by the native Hive token on the Hive Blockchain and it’s meant to provide liquidity to create an onramp and offramp solution for users to flow in and out of the Hive Ecosystem, while earning yield in the form of CUB tokens in the process,
This is a branch of the Leo Finance Community DAO that already successfully launched several DeFi ecosystems with a native token, including CUB FINANCE & POLYCUB.
Over 1,000,000 CUB Burned
Prior to the launch of the MTB, CUB had burned 517k tokens from March 2021 to August 2022.
Since the launch of the MTB (as of this writing on September 20th, 2022), they have burned an additional 500k in CUB Tokens.
More CUB was burned in the first 6 weeks of the MTB being operational than in the first 18 months of the platform’s history
Multi-Token Bridge
Cubdefi Multi-Token Bridge (MTB) Launched in August 2022 and serves as the core business model behind CubFinance and the CUB DAO (Decentralized Autonomous Organization). The MTB allows derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets
Audited by CertiK
CubFinance has been thoroughly audited by partners at CertiK who conduct audits for the largest platforms in the DeFi industry.
BHIVE Price Live Data
The live bHIVE price today is $0.483583 USD with a 24-hour trading volume of $1,815.76 USD. They update BHIVE to USD price in real-time. This is up 17.68% in the last 24 hours. The current CoinMarketCap ranking is #5660, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000 BHIVE coins. If you would like to know where to buy bHIVE at the current rate, the top cryptocurrency exchange for trading in bHIVE stock is currently PancakeSwap (V2). You can find others listed on our crypto exchanges page.
Social bHIVE Price Estimates
This feature is in beta testing. Place your estimates for next 6 months and see what other’s are thinking about it. Data displayed are based on user input compiled by CoinMarketCap. The cut-off for estimates for each month-end is on the 21st of each month.
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