10/ The goal is to keep growing it so that if someone wants to do a transaction with $50K for $LEO, it is possible. Now, either way, is going to obliterate the market and take forever to fill.
What the fuck are you talking about. Of course it isnt your crypto. Is it your money when you go and pay your electric bill? Do you go to the company and say give me my $100 back?
The electric company has their own rules. If they fuck me ... or better example if they fuck the entire island there are consequences and repercussions. And more importantly there is someone to hold accountable
If I understood correctly, his concern was that whoever holds the keys to the account that opens the liquidity pool can simply drain it and sell off the contents once it's large enough and rises in price.
Yes if there are keys to that account. This is solved by torching the keys to the account that deposits into the LP. This is what they do with Null accounts.
That is where the HBD ends up going. It is going to buy the Leo and Hive to fund the LP. The premium service provides an assortment of features that are not available to non-premium users.
They being built in addition to what is available on here now. One is lists that Khal keeps posting about. There are a few threads he sent out detailing of the what is on there. I didnt focus on the particulars.
plus.. $10/ month.. Netflix don't even cost that. Should be easy to get users here now... Hey come join INLEO.. only $120 a year. And the best part.. were paying the
That's very good, it's well thought out. I only have one problem and I think it will be that of many in Cuba, Venezuela and Nigeria, although $10 HBD is not much, for us it is almost what we earn at a job in a month.
9/ This is permanent liquidity. This is much different from a token burn in that the tokens are still being used, just the value is locked up. Swings one way or another will occur but the value never exits (it can decline though).
Leo premium is a fantastic update and I look forward to see it coming soon because I'm sure it is going to bring the next level of excitement in InLeo.
8/ The key is we are removing the value of these coins from the open market. $5K goes in and does not leave. If someone wants HIVE, they put in more LEO. It always works the same.
nice so basically what we were discussing earlier.
All actions that behave as a “buy and burn” are what these products need for maximum price appreciation 📈
2/ $2,500 worth of $HIVE and $2,500 worth of $LEO are bought from the market. These are moved over to (I believe) BSC and placed in the bHIVE-bLEO LP. This value goes in and doesnt leave.
3/ That means the LEO can be swapped for HIVE (or vice versa). The particular tokens can be removed but the value is not removed. Each month, if the number of Premium accts is the same, $5K goes in each month.
4/ When it comes to liquidity, this is not adding a ton. We know that getting a large amount of LEO is tough. HIVE isnt the easiest thing in the world either especially in some countries.
6/ B) the other is in price appreciation. If the price of these two coins goes up, say, 4x, then the tokens value in the LP from the first month is $20K. Now there is $20K worth of liquidity as opposed to $5.
7/ Of course, the reverse is also true if the price drops. LP are all USD denominated as the unit of account. So the associated HIVE and LEO, in USD, is where the focus is.
this is pretty nice and well explained. I hope many people see it
The more the liquidity the more the value of Leo rise. I hope people are able to buy into this project before it goes up. I hope I’m able to accumulate more Leo before then
10/ The goal is to keep growing it so that if someone wants to do a transaction with $50K for $LEO, it is possible. Now, either way, is going to obliterate the market and take forever to fill.
This will surely bring more attention, liquidity is one of the first things people check when they discover a new coin
This value goes in and doesnt leave.
Bingo Johnny, we have a winner
Who is gonna hold the keys for the BSC account?
Not your keys, not your crypto
Change the title of thread to
How to rug pull with zero ramifications.
What the fuck are you talking about. Of course it isnt your crypto. Is it your money when you go and pay your electric bill? Do you go to the company and say give me my $100 back?
The electric company has their own rules. If they fuck me ... or better example if they fuck the entire island there are consequences and repercussions. And more importantly there is someone to hold accountable
If I understood correctly, his concern was that whoever holds the keys to the account that opens the liquidity pool can simply drain it and sell off the contents once it's large enough and rises in price.
Yes if there are keys to that account. This is solved by torching the keys to the account that deposits into the LP. This is what they do with Null accounts.
Yes, that's right! The concept of the null account briefly popped out of my head... as have plenty of other things, but that's a whole other story.
Mad? No. Why would I be mad? It's a brilliant plan. Hell I wish I had thought of it.
The HBD is a payment for the Premium Services just like any other.
Lol.. Premium service. Such as? Because last time you said it was for a liquidity pool?
Unsure about "premium". Things are supposed to be open, free, and feeless. Or so I thought.
Welcome to the rebrand..
That is where the HBD ends up going. It is going to buy the Leo and Hive to fund the LP. The premium service provides an assortment of features that are not available to non-premium users.
They being built in addition to what is available on here now. One is lists that Khal keeps posting about. There are a few threads he sent out detailing of the what is on there. I didnt focus on the particulars.
plus.. $10/ month.. Netflix don't even cost that. Should be easy to get users here now... Hey come join INLEO.. only $120 a year. And the best part.. were paying the
Nobody has to pay anything to join. What you are using now is not going to change.
Maybe they should think about differentiating prices by country or different premium levels with different features and prices.
That's very good, it's well thought out. I only have one problem and I think it will be that of many in Cuba, Venezuela and Nigeria, although $10 HBD is not much, for us it is almost what we earn at a job in a month.
9/ This is permanent liquidity. This is much different from a token burn in that the tokens are still being used, just the value is locked up. Swings one way or another will occur but the value never exits (it can decline though).
Leo premium is a fantastic update and I look forward to see it coming soon because I'm sure it is going to bring the next level of excitement in InLeo.
8/ The key is we are removing the value of these coins from the open market. $5K goes in and does not leave. If someone wants HIVE, they put in more LEO. It always works the same.
nice so basically what we were discussing earlier.
All actions that behave as a “buy and burn” are what these products need for maximum price appreciation 📈
2/ $2,500 worth of $HIVE and $2,500 worth of $LEO are bought from the market. These are moved over to (I believe) BSC and placed in the bHIVE-bLEO LP. This value goes in and doesnt leave.
Do we know what will be done with the fees being earned from these LPs?
1/ The Leo Payments (10 HBD) come in each month and is used to buy $HIVE and $LEO. Let us say 500 accounts pay the 10 HBD. That is $5,000.
3/ That means the LEO can be swapped for HIVE (or vice versa). The particular tokens can be removed but the value is not removed. Each month, if the number of Premium accts is the same, $5K goes in each month.
4/ When it comes to liquidity, this is not adding a ton. We know that getting a large amount of LEO is tough. HIVE isnt the easiest thing in the world either especially in some countries.
5/ Where this gets very interesting is in two ways:
A) the number of Premium users jumps. Lets say we move to 1500 accts, that is $15K going in.
6/ B) the other is in price appreciation. If the price of these two coins goes up, say, 4x, then the tokens value in the LP from the first month is $20K. Now there is $20K worth of liquidity as opposed to $5.
7/ Of course, the reverse is also true if the price drops. LP are all USD denominated as the unit of account. So the associated HIVE and LEO, in USD, is where the focus is.
This is very interesting . Flexibilty of the tokens are guarranteed.
this is pretty nice and well explained. I hope many people see it
The more the liquidity the more the value of Leo rise. I hope people are able to buy into this project before it goes up. I hope I’m able to accumulate more Leo before then