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RE: LeoThread 2023-06-16 18:36

in LeoFinance2 years ago

Imagine a situation where LeoAds is bringing in $500k ad revenue monthly. Do you think we would need the hive reward pool? Do you think we would be worried about people selling leo? Lol we will encourage them to sell so we can buy

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To get to that point, we need the initial crowd who are willing to take smaller rewards while the platform grows. This is arguably one of the most difficult parts. We must stay strong!

What are you referring to? The rewards get diluted as more people join and get votes. So people dont have a choice in the matter.

Actually that's true, the rewards would get diluted, but only when more people stake Leo. If we have a lot more viewers, but only a minority actively stake Leo, then rewards may increase. We're yet to see which way it will go.

I can imagine it. I can see it. The future is bright indeed.

!BBH

@nonsowrites! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (20/50)

Well the LeoAds and the Hive reward pool are two different things. Distributing the governance coin is important and the reward pool does it.

Yes distribution is important to governance on a blockchain. However, when it comes to tokens most people are worried more about earning than governance.

Gotta incentivize some serious writers or folks with real alpha to come on here if the platform wants to bolster viewership.

That is in the pipeline. Leofinance are working on several partnerships