Cub farming pairs may easily achieve the new goals.

Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Cub has made an interesting move of buying back Cub and introducing burning mechanism. Cub DAO has made a plan to burn 200,000 Cub this month. Cub has already burned 518,292 before launching of Multi token bridge BHive & BHBD.

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Leofinance team has also set a goal of total liquidty on three pairs at the end of month. According to Leofinance, following goal is set on 1st September.

$100k in bHive-CUB Liquidity
$100k in bHBD-CUB Liquidity
$175k in bHBD-BUSD Liquidity

At the time of writing, bHive-Cub has managed to achieve $74,000+ liquidity whereas, second pair bHBD-Cub has achieved $73,000+ liqudity and the third pair bHBD-BUSD has achieved 137,000+ liquidity.

One week left to achieve the set goal. Goal is pretty decent but I hope that it will be easily achieved as these pairs are still offering decent APR. At the time of writing, first pair bHive-Cub is offering 48.24% where as second and third pairs are offering 47.48% and 23.87% APR respectively. Even, a stable coin pair is offering 23.87%. That's why highest liquidity was in bHBD-BUSD pair. APR will drop with increase in liquidity.

In my opinion, Cub has great future. Introduction of new mechanism, burning of Cub coin and buyback option will help to strengthen cub worth. Cub is undervalued coin. Coin is almost 99.5% down from its all time high worth. The way the Leofinance team is introducing new features one can easily say that Cub has great future.

What is your opinion my friends? Do you think that Cub will easily achieve the set goals at the end of month?

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time,

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