RE: LeoThread 2024-05-18 15:08

[mightpossibly]

Regarding providing liquidity to the LEO/CACAO LP

https://inleo.io/threads/view/khaleelkazi/re-taskmaster4450le-4fspfgsoqgvg65bbt

Comments

[taskmaster4450le]

I actually thought you had to do both. I didnt know you could add LEO only.

[khaleelkazi]

in the thread above I was referring to both people doing it automatically and those doing it manually

Manually would be selling 50% to CACAO, then depositing that with the remaining 50% as LEO

As I said - everyone is free to do as they please but celebrating this would be celebrating people dumping 50% of their LEO on the market

I’m not sure why we’d celebrate that. It’s a fine thing to do, it’s the celebration bit I’m not able to wrap my head around

It’s as if people on Bitcoin were to start dumping 50% of their bitcoin to ETH and then pair the 2, its dumping nonetheless

[taskmaster4450le]

Ah okay. I see what you are saying.

[mightpossibly]

that was my understanding as well, but apparently not

[bitcoinflood]

Yeah I figured that would happen is people dumping Leo to buy cacao and not use some other token to do so. It's honestly why we need revenue coming in from many places to fuel this token.

[simplegame]

you are going to have those people.
:(

[steemstreems]

👍