Cubo is a “node” service that offers DaaS (Defi as a Service)
What makes them different from protocols like THOR, and STRONG?
Cubo forces their users to essentially provide a 50/50 token ratio of their token & DAI for a liquidity pool token. By you not only providing the # of CUBO tokens needed for a node, but also providing equal parts of DAI (stablecoin) the team can effectively continue to add liquidity to the protocol and collect whats needed for the investment wallet without affecting the price of the token-
This is because with protocols like THOR- Once you give the service your 10 Thor for your node—
80% is put into the reward pool—the other 20% is used for investing- The only way to invest the other 20% is by selling off the THOR tokens you gave them. This hurts the price constantly, but can be managed (by selling off slowly or after huge buys)
—With Cubo though, since you are given them equal parts their token+DAI, they can basically rely entirely on the DAI for the investment wallet, therefor they do not have to sell their own token to fund the investment wallet!
CUBO Investment Wallet https://docs.google.com/spreadsheets/d/1IdAS1gG7KXq5tVWsrnVGQq8K5QFHyvSN8dvcR723RHM/edit#gid=0
CUBO Contract (Where you can see all the CUBO given to the contract from user deposits) https://polygonscan.com/tokenholdings?a=0xb05D0DA5253E77a8AD37232E8235c712E10eDEe8
(Investment Wallet below)
<aside> 💡 Note: Not Financial Advice
</aside>