What Is Cubdefi (CUB)? Complete Guide & Review About Cubdefi

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).

Leofinance, the parent of This is an Established Project with a 2 Year Track Record of Building Blockchain-Based Applications. DeFi Yield Farming apps are a dime a dozen these days. Cub Finance is different because it is built as a branch of LeoFi organization underneath the LeoFinance project.

The goal of Cub Finance is to adopt and build DeFi-based smart contracts for the entire LeoFinance project. Through BEP20 LEO (bLEO), CUB and the adoption of existing use cases in the space, we’re using the basic starting point of the Cub Finance yield platform to build a new generation of DeFi apps to expand and service community of thousands of MAUs.

Important Points Table Of Cubdefi

Basic	Points
Coin Name	Cubdefi
Short Name	CUB
Total Supply	1,000,000,000
Explorer	Click Here To View
Documentation	View Document
Website	Click Here To Visit

How to Buy the Continental & Trade On Exchange?

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.

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

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.

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.