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Leo/Cub Wen? Now!!!

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@dagger212
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I just got back from a long day at work and found more good news in one post than I've seen in the last month. After a couple long weeks of very loud silence, the Leo devs have given a complete and detailed update of what's been happening behind the scenes and what is on the horizon, and let me tell you, *it was worth the wait.

First things first, the Cub TVL hit $20M today. It has since dropped back below a little but it was there and I don't expect that number to do anything but climb over the days, weeks, and months ahead. The more value locked in the platform, the stronger the platform becomes, and the more it is able to handle on a day-to-day basis. This is a huge number, but it's just getting started*.

Consider, **one month ago this number was ZERO. Now there is $20,000,000 locked in a brand new defi platform. The price of Cub had it's initial spike, fell back, bottomed just below $2.00 and now has stabilized between $3-$4. As I, and a couple others, have pointed out before, this is mirroring the Uniswap chart. There were three months last fall where you could have bought all the UNI you wanted between $3-$4. After that? Straight to $20 and now pushing $40.

Here's where the numbers get a little scary, in a good way, but hard to actually fathom. Guess how many tokens Uniswap has out there in circulation? According to CoinGecko: 519,857,388. With a TVL of $7.8 Billion, they are trading at a market cap/TVL ratio of 2.43. Cub has 1,655,553 tokens out there at last check. Let's triple that to 5M. At one new Cub every three seconds that's 28,800 a day and 864,000 a month. That means four months from now, Cub will have 5M tokens. If by then we reach $100M in TVL, then trading at the same 2.43 mkt cap/TVL ratio that Uniswap currently trades at, Cub would be trading at $48.60. That's not a prediction. That's just math.

Now, I'm not saying Cub is Uniswap. Yet. They obviously have first-mover advantage plus they're on the Ethereum blockchain where most of the money is still located. However, as the devs also pointed out, BSC is making some serious inroads into that money. And (this is where it again gets a little crazy) Cub is (hopefully) less than a month away from having a bridge to that money!*

Seriously, the numbers are insane. In less than a month, Cub could have one of *the fastest, cheapest, most user-friendly ways for people to move money from the Ethereum network to the BSC network (and vice-versa). They will have Kingdoms (which I'll go into in the next post) which will allow people to stake some of the biggest, most well-known, and most widely held coins/tokens in the entire cryptosphere, (Bitcoin, Ethereum, BNB, and DOT for starters) AND EARN INTEREST ON THEM IN THEIR NATIVE COIN. And they will have all of it audited and ranked as one of the best defi operations in existence.

As I've said before, the Leo team just continues to deliver. These aren't new, fly-by-night devs. They have a two-plus year track record of building things the right way and then delivering them to this community. These aren't pipe dreams they just made up. They are serious plans of action that they have obviously researched and done their homework on. And now they're delivering in spades.

And right now, Cub is less than $4 and its paying 155% APR in the Den. Are you kidding me!?!? Hahahaha! I can't help laughing. We are in the very early stages of what I think is going to be a massive winner.

I think we need a new slogan. How about:

*"Cub. Get some."

Thanks for reading. If you like the content, please consider a comment and an upvote. I will happily reciprocate.

As always, I am NOT a financial advisor and this is NOT financial advice. These are my opinions. Cryptocurrencies can and do go up and down and you could lose all of your money. Do your own research.

Posted Using LeoFinance Beta