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RE: Powerup Dominance & Inflation Control

in LeoFinance4 years ago (edited)

Leo is finishing a new app for microbloging, it will have it's own token and will be airdroped to everyone that has leo staked or in the uniswap pool. so most of the leo is staked. but even before that the staked % of leo was high.
they said it will be out end of February start of the March (if all goes to plan)

Locking up the stake is bad from a trader perspective, if you want pump and dump you don't want stake to be locked up.
If you see hive as a long term thing i don't see the problem with it. It could be shorter but 3 days don't really makes sense. If you look long term, you think about curation rewards that you can sell if you want to sell, and you use your stake to get more rewards.

3 days was something that exchanges wanted, and something that JS promised them, i would not want CZ and Binance to be able to have a say on the witness list. with 13 or maybe even 4-5 weeks they will never risk it.

over 30 days power down is a good thing to have if you do a major fuckup. enough to recover your account and not lose a lot of the stake.

we should have a proposal for marketing in short period of time. not sure how is that going, didn't really follow it in the last few weeks. we will see will it get funded and how will it look.

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A marketing proposal for LEO Finance?

People just don't want to stake things for long durations. For instance with DeFi apps like Pancake Swap you can mistake and be liquid right away. Or with how DTube has it setup you are essentially always liquid.

The only reason I even say a 3 or 7 day power down is to allow a person to enter an email to notify them of a power down