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RE: Cryptocurrency: Why Do We Like To Burn Money?

in LeoFinance4 years ago

This is a great post!!!i recommend the team behind cub to read this post thoroughly as it has serious information within. #cub is currently doing well but I think the aspect of marketing I really low. Leo finance as a team has only four thousand twitter followers, that is so low. I think they should up their game on the marketing because they definitely have a use case.

Defi beginners should ask read this. It was a wonderful read

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CUB has a built in token burn because it started out with a very high distribution rate. They are offsetting that by burning the token from the fees generated. That was something that was designed into the project from the start. That is a big difference from the idea of deciding to burn since one feels the price is low.

As for Leofinance, they are still at the development stage. When looking at what is offered, there is some stuff to market but most of it is just blogging. The key is to keep building layers that have broader appeal. CubFinance is a start with that although still at its first layer. We will see what the Kingdoms look like once that is released.

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