Authored by @silverstackeruk 

Hello, LBIer's and CLer's. Welcome to this weeks CUBLIFE (CL) token update. We are going to look at this week's CUB harvests, reinvestment and weekly dividend APY. This update post is released weekly, dividends are paid in LEO every Friday at 9 pm UTC and new CUBLIFE (CL) tokens are issued once per month every 21st. 


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23xLDZ3SL4yR844eEmzg5RLx54Vs75WDYBp1SzDz42NmAVkpQsTHWr28tSKhNF5FA5WYh.png)


**What is CUBLIFE?** 
CUBLIFE (CL) in a nutshell is a hive-engine token dedicated to investing in CUBfinance that pays out weekly dividends in the form of LEO. All LEO/HIVE raised from monthly token issues is invested in CUBfinance. 50% of weekly harvests are converted to LEO and issued to CL token holders, 40% is reinvested back into the platform and 10% goes to LBI as an operators fee for maintaining and actively managing the wallet. 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

- Black = Farm
- Grey = Kingdom


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23wXGYxiXCYPY79opjUHybqB2FYsA3AuSaoQ6vyiBMZV7DKmgXULz45Nn8z4EHEiCHVvr.png)


There has not been much action in crypto this week so it's been an easy week. We seem to harvest around 400 CUB every week consistently, this works out a 51% APY this week so can't complain. I hope to be harvesting more CUB next week because...

...today is the 20th and new CUBLIFE (CL) tokens are minted every 21st so you have about 12 hours to send over either LEO or HIVE to @cublife to get tokens this month. Check out the current HIVE price as HIVE moons. 

This week's 40% investment money went into the BTC/BNB kingdom to earn us 35%. We have $1500 in ETH/BNB and it would be nice to have the same amount in the BTC/BNB kingdom so that's the target. Im thinking months token issuing funds will go into the CUB/BNB LP as its APY is decent.


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23xpTggemFQkdGYedfNjDBADNQi5x8zKG1bucSV9dEjLHdsRFs1nbwXV2hSYtD9SrGGmT.png)

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)


**This month's CL token issue**
Every 21st of each month, new CL tokens are issued to those that have sent either HIVE or LEO to the @cublife before the end of the 20th. The month goes 21st-20th. If you send in funds on the 21st, you'll be waiting till next month. Conversions take place once per month on the 21st with new CL tokens being minted to the same value as the existing ones in circulation. There are 12 CL token issues per year.

You can transfer LEO/HIVE or HIVEp from hive-engine. If you send both LEO and HIVE, you will receive 2 token issues, 1 for each. You can confirm your funds have been received in the table below which are posted weekly and updated 2-3 times per week. 

## Leo 

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23tSyuh4KBUGMSSJxGHCWvat7CJcwqCHcgPy2aSbs6PdmY4tGxqQuzYWRi5xFqtzhzhHj.png)

## Hive


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23t8APqA2h1pK16Ay8D19KpMcqQCJ13LBufPqER7865M3qkErmWVMCyRC7Q92xi8NLyXZ.png)


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

### Roundup

Been a great week. No drama just the way we like it. The dollar value of the CUBLIFE token has been slowly climbing and building up again. We launched just the same time the market crash happened and have been rebuilding ever since the token hit a price low of $0.51 on week 7. At $0.70 today we are headed in the right direction.


![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23xpTcEhwAxf8NgUuNpCxR1WAoNmeHX7s2Zwdhrm6pPfuHDs1ceavRk18nmnoPRHntCJ8.png)

The auto compounding fund is growing little by little, all we did is for the price of LEO to the moon so we can convert it into BEE's super cheap, haha. We'll get there :) 

Saving for staking running total.....
16/07/21 - +79.17 LEO - Total 79.17
23/07/21 - +46.95 LEO - Total 126.12
30/07/21 - +23.18 LEO - Total 149.30
06/08/21 - +50.99 LEO - Total 200.29
13/08/21 - +58.73 LEO - Total 259.02
20/08/21 - +33.32 LEO - Total 292.34

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/23yU2YDB8ViVQYs9XAw85oxoKouvLJcKQ97GCaL1AbzHtuA7rnZpPMCYBJX7fEyLHF79m.png)

![image.png](https://files.peakd.com/file/peakd-hive/lbi-token/Eq7SkLACHiCoSh18qhhQep7Sx6Yu2u4BCeND8znnvTmaULiGqaaZpKWotLVCK4Uv4Pa.png)




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lbi-token/cublife-cl-weekly-report-15-last-day-to-get-into-august-s-token-issue)