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RE: The LEO airdrop nobody is talking about

in LeoFinance4 years ago

Hehe, I was in no way aware of a gov token, I supposed Leo was or prolly Wrapped Leo, I guess I still have a lot to read up on. And LBI, I was wondering what it was after winning 5 of it for quite some time now, and LEOM, can you maybe tell me how it is mined?

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LEOM can not be mined unfortunately. It is a mining-token itself, that if bought from LeoDex and staked, will generate a small amount of LEO as a passive income. Getting back your investment is several years at current price unfortunately

What's the leo earning rate from 1 LEOM

At the current price for both LEOM and MM, I think buying LEO instead will bring a better ROI with curation.
Now with the increase of price coming for LEO and therefore both miners, it still could be a good buy.
I wonder if there is the same kind of leverage we can find in gold miners which are increasing x times when gold price increase.

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I understand what you're saying, I totally agree that LEOM and LEOMM are really expensive right now, from his past post I discovered he has like a hundred, and I can't afford that right now, haha no fiat for such bag.

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You can set a buy order at a lower price hoping for someone to be forced to sell for some reasons but I hardly see this going though haha.

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Yeah, such things needs luck these days, and I would just loose patience and hit the cancel button

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Yep I'm guilty of doing the same :)

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It is a random process hard to judge for a single LEOM and over time dependable on the number of staked LEOM. I have done an analysis for LEOMM, which is 4x more efficient than LEOM, but it is some months ago and outdated in terms of the price. Have a look here

OK, will do just that, thanks!

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@badbitch, looks like others have answered all :)

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Yes, It's cool now, thanks :)

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