Something that you know frustrates me is when people don't want to consider why a community's tokens has value.
You need to be able to answer what is the incentive for someone to keep buying the tokens that you're dumping on the market so you can 'earn from your blog'?
If you can't answer this question, then your token is going to grind down to zero.
But for me, LeoFinance and the LEO token is different.
The value behind the LEO token is:
- Its ability to provide businesses with influence over a lucrative, targeted crypto community
- LeoBridge revenue - Hive's gateway to other networks
- Ad revenue via SEO
When I stop and consider where LeoFinance may be in a year or two, I definitely get excited.
You refer to LeoFinance being a business and essentially that's what its all about.
Getting to the point where price prints a stable floor due to predictable, ongoing value being generated from the above (and more!).
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Another thing we can add:
The LEO token is getting diluted in the sense that it is being spread among different places. We have the use case of curation. But there is also the BSC LP, soon the Polygon, and eventually the RUNE which looks like it will be the move of wLEO.
All of this is providing use case for the token above just the get rewarded for a post and dump the token.
It is also why I think $CTP is now in a favorable position. The use case on Listnerds is going to end up making that one scarce also.
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Yep, the ability to earn via LPs is a good one that I forgot!
Not to mention the fact that yield on both the LEO LP on Hive and CubFinance, offers sustainability by paying rewards using BXT and CUB (not LEO itself!).
I mean, if they're going to zero then that doesn't help us, but if you dig a little deeper into each coin's sustainable tokenomics, you'll see that is not the case.
LeoFinance and the LEO token is certainly positioned in a good place.
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The layering adds a bunch of value to the entire ecosystem. We are going to see different aspects of the ecosystem leverage itself against each other.
That is where the value lies. One layer, like ProjectBlank, can skyrocket just about everything else.
Posted Using LeoFinance Beta