CUBLIFE: Another Income Token

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Over the past week, many steps were taken to bring the Cublife token to life. It started with the snapshot of LBI token holders last Friday. At that time, all those who had at least 10 LBI were in line for the airdrop of the Cublife token when that took place.

That occurred this past Monday, with eligible individuals receiving the token in the Hive-Engine wallet.

This is leading us up to the next milestone, the distribution of the weekly payouts in two days. On Friday, all Cublife token holders will get their associated payout based upon what was generated this week on CubFinance.

Cublife is one of those passive income opportunities that is offering a steady stream of income similar to EDS. While a bit different in the make up of that token, the idea is not to be speculating upon price the same was we do with other tokens. Instead, the key is to watch the revenues flow in based upon the farming on CubFinance.

This is an important step for people to take. Cryptocurrency is still basically treated like a casino. People get involved based upon speculation. They buy token A at a certain price believing that it will achieve a much higher price in the future. That is what we see on a daily basis. People are looking for the mooing.

There is nothing wrong with that especially since we all want to be on the proper side of a large move higher. It is fund when something goes from under a cent to a few dimes overnight. Having a 30x or 50x gain can really get the juices flowing.

However, from a money management standpoint, it is important not to have everything at risk all the time. In other words, there is a time when it is best to take a bit off the table and set it aside. This, of course, brings up the point what do we do with the money.

The key to wealth generation is to keep the funds working. While getting away from speculative assets, to a degree at least, that does not me we just want to buy a stablecoin and let it sit.

Here is where a token like Cublife can really play a role. The idea is not to focus so much upon the value of the Cublife token itself. Certainly, we all hope it appreciates over time. That, however, is the secondary reason. The primary is the income that is generated off it via the farming activity.

The way Cublife is structured, all payouts are in LEO. Certainly, over the long term, it is probably best if one is optimistic about Leo going forward. That is not necessary though. Even if the person want to unload the LEO as soon as it is received, there is that avenue if it is desired.

Is there risk associated with it? Like all things financial, there is a degree of risk. After all, people who own and rent out real estate risk that the value of the property will go down. Nevertheless, in that situation, people are mainly focused upon the month-to-month cashflow. That is the priority as opposed to speculating on price such as a flipper.

DeFi carries with it many risks. One thing we can pretty much cross off the table is the idea of a rug pull. The Leofinance team, over the past two years, showed how it is reliable and capable of bringing out an assortment of products. This will only grow as they try to cement themselves are long term contributors to the cryptospace.

We also have the market action that comes with it. The value of tokens move up and down. We also have the different balances within liquidity pools, which can be constantly changing. These are all factors that can hinder payouts.

With this project, all payouts come in the form of CUB, which is then converted to bLEO, unwrapped, and distributed to the Cublife token holders. The value of any of those tokens will change over time.

Nevertheless, anyone who participated in DeFi on any level will likely understand most of this. It is commonplace for this space. The key here is that the fees are all being wrapped in a few transactions as opposed to each individual having to pay them. This will certainly help the return over time.

We will be watching what CubFinance does over the next few months. There is a lot being added to that platforms based upon the information that team provided. There was an announcement that mentioned Kingdoms is very close to be released, depending upon when they receive their audit back.

Over time, we will see what options are provided to compound the returns that are available.

For now, we will see the first payout in a couple days.

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33 comments
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Cublife, I believe it's another means to carve another solid holding for the long-term. Like you said, risks are always involved, I'll hold and Keep stacking if I were me

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No wonder I saw cublife in my Hive engine wallet. I was wondering how come?... So to get this straight, cub life holders would get dividends in Leo?

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Correct. Starting Friday.

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Can I get more cub life.. Like is it available to be bought on Hive engine?

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You can!

CUBLIFE (CL) token issuing
Newly minted CL tokens will be distributed on the 21st of every month. During any month, users/investors can send any amount of HIVE/LEO to the @cublife account and on the 20th of each month, I gather those funds and transfer them to CUB.finance. On the 21st, we airdrop new CL tokens to investors that took part in that month's group buy. Newly issued tokens will be of equal value to those already in circulation meaning early investors dividends & token gains are never liquidated.

More info in one of the earlier introductory posts (it's also where the quote's from..)

https://leofinance.io/@lbi-token/cublife-cl-from-lbi-token-launching-21st-may

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Cublive Welcome to the world of crypto currency

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I believe with time cublife would hold much value, though as mentioned, that's a secondary purpose. Great job, the team behind leofinance are truly doing greatly with the introduction of certain hive-engine token.

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Is there an explainer anywhere as to where the money to make the initial CUB investment for this project came from?

I don't get why this isn't just part of the LBI fund if you're airdropping to LBI token holders?

Can you just again confirm that it won't divert money from the LBI fund?

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You can invest for more tokens in the post below. You basically send HIVE or LEO to @cublife by the 20th.

https://leofinance.io/@lbi-token/cublife-cl-from-lbi-token-launching-21st-may

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Yeah I've seen that one, but there's so much going on that I still can't tell where the money comes from?

If the CUB needed to create Cub Life just from the current LBI fund, then aren't you just taking money from LBI holders and diverting it to whoever buys this new token?

Taking from the LBI holders to fund new investors?

I have a vested interest because I bought into LBI and just want to make sure everything is clear and on the table for holders.

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I technically look at it this way: the assets off chain will never really affect our dividends. It's basically some more asset value to LBI. So yes there is some taking out of off-chain assets from LBI which it should recoup over time (10% of the gains generated that week).

LBI in the future will be giving LEO as dividends and this LEO will not include off-chain assets. So I think by doing this little work around, they are trying to take advantage of CUB to generate some more returns for both LBI users (CL token holders) and also for people who don't know enough about Cub Finance. So in a way, 10% of the total earnings from CL is staked to LBI to increase curation earnings and also higher dividends for LBI users.

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10% of the LEO payouts go to LBI-token.

40% is reinvest into the farm.

50% goes to pay out the Cublife token holders.

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So basically, I moved some of the LBI funds to CUBLIFE. I airdropped all those tokens to LBI token holders so what you lost on LBI, you gained in CL. No free tokens were given away. I did this because it will provide something that pays divs to LBI token holders.

All future tokens will be paid for in full at whatever the CL token price is on the 20th of each month so your CL holding will not be liquidated by new investors.

Full post here - https://leofinance.io/@lbi-token/cublife-cl-from-lbi-token-launching-21st-may

Hope this clears up a few things 😁

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Okay, so there's no extra tokens Cub Life that new investors can buy off the team?

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no. The airdropped tokens to LBI token holders are the only tokens in circulation, the is no team tokens. Because CL's are backed tokens, they are not created from thin air. We airdropped roughly 5300 CL's because the CUBLIFE wallet balance was $5300 at the time of airdrop and we aimed to launch with a $1 token price.

Let's assume CUB/LEO/BNB all stay the same value until the presale ends on the 20th and CL are worth $1 still. If all the HIVE, hivep and LEO collected during the presale totals $10,000 on the 20th, then I convert those funds and get them onto CUB.finanace. Because I add $10,000 to the BSC wallet and CL's are valued at $1 each, I issue 10,000 new CL tokens.

If the CL token price is $1.10 on the 20th, the same $10,000 worth of HIVE, hivep and LEO would release 9090 new CL tokens into circulation.

There will be new tokens issued every month from CUBLIFE. Did you read the post I attached to the last comment?

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I like being able to be in de-fi segment with out having to know much at all about it, other than have some cublife tokens.


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I'm really looking forward to this. I sent in LEO to get LBI which got me access to CUB and now CubLife, which gives me back LEO. A perfect circle. Anything that pays me for doing nothing is good in my book. :-)

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A virtuous circle indeed!

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Finally understand what it's all about. another way to earn passively. Looking forward to how cublife gain value overtime


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That's always great to have another Leo regular income !

I'm surely following this over time, LBI and Cublife are must-hold tokens for me !

That really great because I really don't want to withdraw some tokens from Hive to send to DeFi, that causes few fees and some more chances to do a mistake and lost few $. Being able to be in Defi just by buying a token on Hive-Engine is really cool and makes everything easier !

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I'll be looking forward to the dividends on Friday before the investors money enters the pool. I'm still waiting to decide how much more I might invest for the CubLife tokens.

Just wondering, after the 20th is HE the only place to buy CL tokens?

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No, we'll be having a monthly sale to issue new tokens.

It'll work like how the pre-buy is working now but on a monthly basis where new tokens are issued every 21st. To take part, just send over HIVE, hivep or LEO to @cublife at any time and you'll receive CLs on the 21st.

The idea is some people might re-invest all their div's into more tokens, some might wanna reinvest every other week and others have the option to just take the weekly payment. All future tokens will be paid for in full at whatever the CL token price is on the 20th of each month so your CL holding will not be liquidated by new investors.

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Hold on, please! I am accumulating more Hive and Leo to buy Cublife. Residual income coming in from it is surely going to compound over time.

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Sent my share from the main account just yesterday to get CL, I prefer to sleep peacefully knowing that my investment makes me every day, week or month rather than playing trading and then everything falls like today

The income of LEO, CUB and HIVE is much safer than investing in shitcoin

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I am really excited about the CUBLife project. Even though I am currently invested in CUB on my own, there might be a day that I choose not to be for whatever reason. Knowing that I can still take advantage of the benefits of the platform without being directly involved gives me a bit of comfort. Plus it is just another stream of revenue that I can add to my list.

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I was very cheeky and bought about 47 Cub Life tokens on Hive Engine, I'm really looking forward to see how the return are like :)

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How can I obtain Cublife if I have not yet invested in LBI? I still have the task of starting the investment in LBI and I fully trust CUB DEFI and I would also like to belong to the CUBLIFE holders. Thanks for the information and answer. Attentive to your updates.

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I'm looking for a fee free passive index fund. Since it doesnt exist yet in crypto and I'm too lazy to press the harvest button, my alternative would be this actively managed fund Cublife with 10% fee. I need kingdom badly.

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i was surprised to see a new token in my wallet.
i missed out on the announcement but glad i got it :)

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