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RE: CUBLIFE (CL) from @lbi-token launching 21st May

in LeoFinance4 years ago

I have a few questions.

  1. If I send 10 LEO to @cublife and the price of LEO is 0.6 right now. But at the time of issuing (21st) CUBLIFE tokens, the price changes to $1 or lesser. What will happen then? Since CubLife is fixed at $1.

  2. Can I send multiple Hive & Leo multiple times to @cublife till 20th may?

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Ok, so CUBLIFE will be fixed to $1 for launch, after that, the price (fingers crossed) should increase. The conversion rate for HIVE/LEO will be whatever it is on the 20th. So yes, price fluctuations will have an effect but 10 in your wallet today is still 10 LEO in 3 weeks. This should really only be a concern to you if your planning to convert fiat to HIVE/LEO in which case I would advise you to do it on the 20th.

And yes, you can send in multiple times over the course of a month.

Good questions, i hope others see them and these answers :)

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Thanks for the clarifications @silverstackeruk. This gave me a decent idea of what I need to do.

Good thing is that I have some of the post payouts pending and hopefully by 20th, I will stack a lot more of those Hive coins & LEOs. ;)

#CUBLIFE

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your welcome :)

I know liquid HIVE/LEO is hard to come by so the pre sale and group buys i hope will help them that.

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Another quick question what's the (p) mentioned for sending hive? Before I send the wrong thing
:-P

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just means. HIVE or HIVEp

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Alright thank you sir, guess I'll use hive and leo. What is HIVEp though, all the wLeo and bLeo got me confused. Is it just hive power? That's mostly referred to as HP I thought?

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