Cubo is a nodeprotocol built on the Polygon network and designed to liquidate CUBO and automatically adjust its supply to maintain a stable yield. The protocol aims to generate passive income liquidity for users. Subsequently, the Cubo protocol intends to create an automated passive income machine that does not need external input. 

According to the whitepaper, node protocols are accelerating and attracting crypto enthusiasts who haven’t learned about cryptocurrency. Besides, there are different nodes like blockchain securing, NFT, liquidity, etc. Thus, Cubo offers users the liquidity nodes protocol sub-categorized as Planck, Femto, Pico, Nano, Mini, Kilo, Mega, and Giga. These nodes aim to offer a passive income, depending on the funding; hence, the bigger the node is, the better the daily returns would be. 

Further, the protocol aims to create yield from the scarcity of CUBO tokens mixed with liquidity mining and maintaining a DAI treasury. (DAI is a decentralizedstablecoin running on the Ethereum blockchain.) The Cubo protocol maintains and grows a DAI treasury that gives the token its real floor value. Along with the DAI treasury, the protocol manages two other pools—rewards and liquidity. The rewards pool holds most of the CUBO supply. The liquidity pool helps to ensure that there is a market maker for CUBO. 

Cubo DAO aims to use various mechanisms to help stakeholders with the best yield return possible on their assets. Thus, when a node is minted, the protocol creates a CUBO-DAI liquidity pair and stores the liquidity pool tokens in the DAO’s contract pool. 

CUBO token runs the DAO structure of the Cubo ecosystem. The token has a maximum limit of 10,000 tokens per transaction to avoid huge trading of the CUBO tokens. In the future, when CUBO is a more established token, the platform aims to increase the limit and eventually remove it.

We update our Cubo to USD currency in real-time. Get the live price of Cubo on Coinbase.