bHBD (BHBD) Coin Guide & Detailed Review

Q: Where I Can Find bHBD Whitepaper?

You Can Find bHBD Whitepaper By Clicking Here.

About bHBD

Operational since March 2021, CubFinance is a DeFi platform that operates the Multi-Token Bridge (MTB). The MTB allows derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets. CubFinance operates on a buy and burn model. The protocol strategically pays yield to Liquidity Providers who create the foundation of the platform.

CUB is one of the longest standing DeFi protocols in the industry. While most died a slow death (or in some cases, a really fast one), CUB has managed to continually innovate and create value in ways that most did not see possible. The Multi-Token Bridge (MTB) shows the future of CUB: becoming a derivative DeFi exchange. By creating, developing and operating the MTB, they are able to generate a disproportionate amount of monthly revenue for the CUB DAO Protocol.

bHBD Basic Points Table

Coin Basic	Information
Coin Name	bHBD
Short Name	BHIVE
Circulating Supply	N/A
Total Supply	100,000
Source Code	Click Here To View Source Code
Explorers	Click Here To View Explorers
Twitter Page	Click Here To Visit Twitter Group
Whitepaper	Click Here To View
Support	24/7
Official Project Website	Click Here To Visit Project Website

Multi-Token Bridge

The Multi-Token Bridge (MTB) Launched in August 2022 and serves as the core business model behind CubFinance and the CUB DAO (Decentralized Autonomous Organization). The MTB allows derivative assets to be permissionlessly swapped across blockchains and pooled on BNB Smart Chain (BSC) to earn yield and trade assets. HIVE is the native cryptocurrency for the Hive Blockchain ecosystem.

It’s a Web3 platform where dozens of dApps are aiming to build the future of social media, p2p systems and NFT games. The Hive Blockchain offers fast and free transactions. Hive-Backed Dollars (HBD) is a stablecoin created by the Hive Blockchain. It is one of the longest standing stablecoins in the crypto industry and has the greatest degree of trust & transparency by those who utilize it.

How It Works

Through smart contracts and oracles operated by CUB DAO, HIVE, HBD and LEO can be swapped to/from the Hive Blockchain and BSC. These 3 assets (and future derivatives launched by the DAO) generate revenue for the protocol which is then utilized to buy/burn CUB via smart contract on a daily basis. There are 3 core methods for generating revenue from the Bridge Technology stack:

Wrapping Fees -> a small 0.50% fee is collected by the smart contract & oracle when wrapping or unwrapping
Arbitrage Revenue -> the protocol arbitrages price differences on/off exchange to generate a return and feed it back into the DAO
Oracle Staking -> the oracles keep day-to-day operational funds liquid and stake additional funds held to generate on-chain staking rewards

Why Choose bHBD?

CubFinance has been thoroughly audited by your partners at CertiK who conduct audits for the largest platforms in the DeFi industry. This revenue is deployed into a smart contract that buys and burns CUB on a daily basis. Removing tokens from the circulating supply and making CUB more scarce while also providing an “invisible hand” buyer of last resort. Since the launch of the MTB (as of this writing on September 20th, 2022), they have burned an additional 500k in CUB Tokens.

Where Can You Buy bHBD (BHBD)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest CUB/BHIVE.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include CUB/BHIVE And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.