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RE: Leo Talk 4/25/2021 -Come Join Our Chat

in LeoFinance4 years ago

Part of the issue will be volume. These things are great but it's not like you can put $50k in them. They're mostly for small amounts. Some people can get a little more in them, maybe a few thousand dollars, but that's about the limit. Personally, I love them and hope they continue to develop. Maybe down the road we could create a million dollar fund....

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Lol that is true. I don't think we could even make a million dollar fund right now in HE. As for a fund for Defi, its definitely possible as there are billions locked in value but I have no idea which ones are good.

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Hive-Engine is not going to enable for a million dollar fund.

It has too many challenges I believe. That is why I think we are going to see one of the other projects really start to shine when it is released. Something with a bit more horsepower could end up generating a lot more activity.

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They have no volume because they are on Hive-Engine which, overall, has no volume.

Hence we are in the situation you suggest.

Over time, we need to branch this out to get more people involved. As the crypto bags fill, volume could increase. It is important we keep growing every area.

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wow a fund of that amount would be really good, and thinking ahead I think that HE would no longer be seen in the same rung as we can be now!

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