Cubo Money Review, is it fake, scam or not even a coin ?

 Cubo.Money pays up to 1.88% (1) and it does it by "managing its own liquidity".  Cubo is not even a coin nor token which could not be found in coinGecko.  Cubo encourages you to swap cubo through QuickSwap and even QuickSwap as a decentralize exchange will automatically warn you (2) on Cubo as well.  Upon checking it's chain, it's fully diluted market cap is $0 (3) so eventually this Cubo will end with nothing.

below shows how it works

In short as example, if you pay them $1,700 you will get back $16 daily.  10% or $170 is expensed out.  Then they set an X amount into liquidity pool (C); remaining Cubo (A) will be used to pay you back as reward and remaining DAI is set as treasury (B) where Cubo community decides what to invest to.

Once your Cubo reward pool (A) runs out (54 days later if X was 40%) then they could use the money from B & C to continues pay you your reward which could be another 42 days assuming no other liquidity (C) nor any investment return from the treasury (B).

Depends on how much and how fast new money are being dump in, they could adjust X accordingly to lengthen it's surviving time.

In order to kick start this, Cubo started with $50,000 DAI which produces 7,000 Cubo weekly and 6,000 goes to reward pool

Pro :  using X factor to "automatically adjusts its supply in order to maintain a stable yield" is a good concept

Con : no real value add to the world.  Cubo lives in its own world.

Verdict : A good experiment to see how long this will last, probably quite a long time.  I am out thao.

1.  At the time of writting 1 Cubo = $16 & 1 DAI = $1 so takes Giga Cubo as example below then the return calculation is ( 100 x $16 ) / (5000 x $16 + $5000) = 1,600 / 85,000 = 1.88% daily

2. You don't see this kind of message when you quickswap DAI or USDT

3. Eventually this will end with nothing -> fully diluted market $0