CUB's Multi-Token Bridge Gets a Infra Upgrade

in LeoFinancelast year

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In this clip from the LeoFinance AMA, we talk about the CubFinacne Multi-Token Bridge. The MTB brings three derivitives:

  1. bHIVE
  2. bHBD
  3. bLEO

The MTB is now the primary driver of revenue for the CUB DAO which autonomously collects contract fees into a buyback/burn contract and then biys CUB adnd burns it from the Liquidity Pools.

In this clip we cover another update we pushed which further increases Bridge TX reliability:

  • New bridge update where nodes replay tx to avoid tx stuck
  • Reliability 10x
  • Add reliability without double spending (or looped spending) is key - pretty complex
  • Only 3-4 manual refunds since deployed

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.

Our mission is to democratize financial knowledge and access with Web3.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io


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Good News as the development and improvements. Leofinance is a much bigger community of useful and used applications then a year ago when it was a one dollar token. I think it’s true value is greater them that now.
Great Job!

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These bridges are extremely important and I hope that the structure will be able to improve more and more to avoid manual refunds