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RE: LeoThread 2024-07-21 14:11

in LeoFinance7 months ago

Instead, the SIRP contract will use system income to buy LEO off the open market and deploy it into the SIRP. The SIRP pays content creators and curators on the platform. As described above, from 2033 - 2056, the share of SIRP's payouts relative to the inflationary rewards pool will increase (as the System Income increases overtime and the inflation continues to drop Y-o-Y).

In the meantime (until 2033), the LEO community and team should aim to grow System Income as much as possible. This is a decade-long opportunity to deploy permanent liquidity into DeFi protocols. That liquidity will never leave the designated pools which means that as the LEO Token Economy grows, the $ value depth of those pools will continuously grow up and to the right.