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.
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.
@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
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!
Time to do what LEO does best.
APE! HOLD ALL CUB. CHOKE THE SUPPLY! GAMESTOP ALERT: AMC ALERT : APE ALERT
Not financial advice. Dump on me I dare you. $2 CUB all-in let's go.
Posted Using LeoFinance Beta
Return from CUB Airdrop Completed to edicted's Web3 Blog
