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RE: Why CUB got hammered

in LeoFinance4 years ago

What an excellent opinion post! Actually, something similar was brewing in my mind as well, but it seems like you beat me to it.

Exactly what I was thinking regarding communication. While the new developments of the LeoFinance team may be spectacular, especially at the rate they are pumping them out, I believe the way their releases are communicated (or not) is completely counterproductive: Nobody was missing kingdoms until it was announced. The word "soon" is like "mañana", it is ambiguous, doesn't mean anything, and only causes frustration. Had they announced "within two months" or something equally distant, nobody could have gotten impatient. Also, once the long awaited release happens, the last thing you want is a buggy result with reduced features.

As for the CUB inflation - burn ratio, these things can be fixed. But to see how to tweak things most ideally you need some time to observe and analyze how things work in practice. If, or how well LeoFinance does this, I cannot know, I can only assume they would pay attention to right from the start. So this I'm not too worried about. Still, I believe anyone venturing into the CubDeFi would appreciate short, regular updates on how exactly things will be optimized.

Finally, I greatly agree on what you said about the micro blogging app. Though I admit, I can see how it would just exacerbate the circle-jerk, at the same time it would bring in a whole wave of people primarily interested in uncensored tweeting... who later on might get curious about DeFi too. And once that happens, the shilling of CUB outside the LeoFinance blog could keep getting outsiders interested. So postponing Project Blank into the distant future made no sense to me at all.

Just like you, I've got a bit of money in LEO and CUB, but more importantly, I believe in the team and I'm certain they'll keep coming up with more awesome things. Still, I believe focusing on better communication is essential. Maybe it would be good to have one person focus entirely on it, maybe even hiring a PR guy could be of benefit. I remember Splinterlands had a similar point in their early history, when users were getting grumbly about to knowing what devs were up to... until this PR lady came along and told everyone to calm the fuck down.

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