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RE: LeoThread 2023-10-29 23:58

in LeoFinancelast year

Very valid points, with shorts if they can figure out how to inject a random ad in there that's going to b low up revenue for sure. There's a lot of place holder ads at the moment which don't pay sadly. But also LEO can implement other features which get paid in leo. Not sure we should burn it though just issue it as part of the APR. Lots of room for growth and things to do for sure. It's a good thing lol

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After a lot of discussions, I think we've come to the conclusion that burning is not the best way to build long-term value

The float of $LEO is already so low. Most is powered up

The main issue we have is liquidity. So the long-term benefit of having permanent liquidity that constantly is bought and then deployed to LPs seems to be the best long-term value add for the ecosystem

Imagine $5M+ across the LEO liquidity pools that is permanently held there, never to be removed

A hard concept for people to understand. The default mindset in crypto is to burn.