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RE: Plan to revamp LBI

in LeoFinance7 months ago

I definitely agree that a vote is needed to approve this change. I am working on a detailed post with my plans - a new whitepaper (for want of a better term) for LBI. I feel a token holder vote based on that plan would be appropriate. I am wary of holding votes and governance stuff for every step along the way. DAO's are tricky, I think they are great in theory, but do they work in practice? SPS DAO seems to be a big contributing factor to SPS's current issues (from the perspective of someone not very involved in it).

Anyway, regardless of how this all goes, There are a lot of big LBI token holders that have not voiced an opinion on any of this yet.

As to the specific investments, nothing is set in stone yet. I am a fan of BXT and PWR, some EDS and DAB are in my thinking for sure. SIM is DCITY, but it is a much better investment than many people realize. There is other stuff I'm looking at, and working on a structure to build in growth plus income.

Thanks for your input, and I'm definitely looking forward to working out the path forward for LBI if the token holders would like me to.

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Thanks for replying! This all sounds good to me. I agree, some of the stuff with the SPS DAO gets a bit tedious at times. Maybe you create some kind of threshold in the new "whitepaper" that lays out what is just a general operation decision and what is vote worthy. After talking to SSUK and reading your post and comments, I am on board with anything that gives LBI a future.