🔥 $CUB kingdoms are increasing the burns and more are coming ! by vlemon

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· @vlemon · (edited)
$3.47
🔥 $CUB kingdoms are increasing the burns and more are coming !
Hello HODLers, Hello CUBs,


![image.png](https://cdn.steemitimages.com/DQmVZkUJYFBZCPWzwLvintN6iS1pJuf5QA4324AZkL5DEy3/image.png)


Exactly a week ago I published a post named [🏰 Kingdoms are a game changer, you just do not realize it yet ! $CUB 🏰](https://leofinance.io/@vlemon/kingdoms-are-a-game-changer-you-just-do-not-realize-it-yet-usdcub)

#### One of my account's Kingdoms holding on June, 3rd

![image.png](https://images.hive.blog/DQmX5teYwDL4HFgh2mVKMPm2gKXd6rUBVabJDJWmDK1pAB9/image.png)


**What I expected is the CUB APR of these Kingdoms to go lower and lower as the other asset APR to stay somwehat constant (more mature platform).**

I would agree that the fact that $CUB went south is also a big part of this lower APR. But I really believe we are in a place now that we could sustain.

![image.png](https://images.hive.blog/DQmQZfoZT7nkUt1bW4bDD1UTbBJdTEu77pKcCHkfQMfgtZr/image.png)


#### This same account holdings on June, 10th

![image.png](https://images.hive.blog/DQmdcGALfB3QSiFKAXYQNU1XEtFsMzEf6NDndn5r2AjtCZs/image.png)

I also was expecting the fees to start kicking in and help us hold the $CUB price at these 0.5-0.6$ levels.

It seems both of these are happening. $CUB has been quite stable over the past week but most impressive; the $CUB APR in the $CAKE pool collapsed while the $CAKE APR stayed quite constant.

**It went from 33% to 9.3% today. Meaning that just taking the fees into account on this pool, 10% of the $CUB generated by that pool are automatically burned. If things continue that way and with the roll-out of further Kingdoms and other burning process such as Lottery, etc...**

We might finally come to a very sophisticated and high burning mechanism. 

**Pancakeswap has managed to grow and reward very well its users while having a high burn which allowed their token $CAKE to stay constant and even increase over the past months.**

I can only wish this to happen to cubdefi.com.

![image.png](https://images.hive.blog/DQmQZfoZT7nkUt1bW4bDD1UTbBJdTEu77pKcCHkfQMfgtZr/image.png)


#### More Kingdoms to come 

![image.png](https://images.hive.blog/DQmWfkSiQaSKqaNWc2jZRR6CbGUfoKGHaDKyJEgkmSiToSD/image.png)

**Very exciting and tomorrow I will write a post to explain the impact on the $CUB printing / burning mechanism after this 2 new Kingdoms will be live. And this is just the start.**

I hope we learn more cool news on tomorrow's AMA :D


#### Latest Analysis

* [⚡ Is Bitcoin spreading through LATAM like wildfire ? ⚡](https://leofinance.io/@vlemon/is-bitcoin-spreading-through-latam-like-wildfire)

* [🧠 What is Proof Of Brain? An introduction 🧠](https://leofinance.io/@vlemon/what-is-proof-of-brain-an-introduction)

* [Doing my part to bring traffic to Leofinance !](https://leofinance.io/@vlemon/doing-my-part-to-bring-traffic-to-leofinance)


![image.png](https://images.hive.blog/DQmQZfoZT7nkUt1bW4bDD1UTbBJdTEu77pKcCHkfQMfgtZr/image.png)


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