I am hugely appreciative to the work done by the Leo Finance community and I do see a lot of progress. I cannot stop thinking, though, that there is a conundrum to be solved: if a platform is completely free to use, then what are the incentives for those operating it? At the other end, we see that only those operating the network can make some money (Bitcoin miners, for instance). We saw that Geyser pools weren't a big success, and that was because fees were tiny. Humans were, are and will always be driven by greed and fear.
I don't think there isn't some middle ground here, but it's a very delicate place to be. Hive & Leo can make it to that place, as things are looking now, though,
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Interesting view, for sure :) By the way what's the minimum amount of Leo that is worth pooling. I have no experience with defi and I don't want to jump in without having an idea on how many tokens I need.
It depends on many variables. You should have a look at the CUB tokenomics, because that's the token you will be generating. In the first week (until March 15) there will be 3 Cub / block, second week 2 Cub / block, and form the 3rd week there will be 1 Cub / block. What this means is that in the first 2 weeks you generate more Cub for the same "collateral", and from the 3rd week ongoing, the supply will decrease, hence the value of the Cub will increase (at least in theory). So one strategy would be to get in fast, get as much Cub as you can in the next 2 weeks, and then take profits and keep just a decent amount in a farm / den.
Also, a farm is riskier - but more profitable, than a den.
There is also something (very important)to be pondered for the airdrop / claimdrop. At the moment of writing, the claimdrop is still worked on, it appears there will be a site where you can swap the Cub "coupons" you get on Hive, for Cub on BSC. The initial parity was 1 Leo / 1 Cub, but the Cub is now valued at $7, whereas Leo is just $1. So if they maintain the parity in the claimdrop, meaning everybody will indeed receive 1 Cub per 1 Leo, then there will be a sharp increase in supply, which will probably drive the price down. It may also be that Leo price will increase and Cub will go down a bit, so they may "meet", let's say, around $3 - in this case, the supply surge / price drop won't be that dramatic. But it will still be relevant.
It's still a very risky bet, and if you don't know what you're doing, it's best not to risk too much, or even to stay on the side until the waters calm down and you get more predictability.
And this, obviously, is not financial advice.
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Wow, thank you for the extensive answer. I understand now why people are so excited about getting in quick. I was thinking of jumping in with like 10 Leo but like you said: I don't know what I'm doing and I fear I might make some mistakes and just lose money