bank needs to buy up LEO to pay out others who are delegating hive to leo.voter among other things. It buys it from hive engine, binance, polygon and ethereum from what I understand.
When the ad revenue goes live, it will really help out. That will cause a great deal of buy demand and should help push the price higher. Of course, to do that, requires ad revenue.
Roughly 10k $LEO needs to get bought from the market every single day to pay @leo.bounties @leo.voter delegators!
Right now, only ~5k LEO is minted each day for all post/curation rewards
Wen ad revenue gets turned on, 🚀
That's what we are looking forward to :D
Moon days ahead. I have still bookmarked your prediction of 1 LEO=1 HIVE by Dec 2023.
bank needs to buy up LEO to pay out others who are delegating hive to leo.voter among other things. It buys it from hive engine, binance, polygon and ethereum from what I understand.
Yes, it seems accurate. Hope the LeoAds protocol will do the same thing :D
Gotta love buy demand being put forth automatically each day.
That's right. Hope to see more of it.
When the ad revenue goes live, it will really help out. That will cause a great deal of buy demand and should help push the price higher. Of course, to do that, requires ad revenue.