You gave it a good try and congrats for doing it and learning from it. I am sure this experience might push you forward with a new initiative which might have more traction to the userbase from here.
You gave it a good try and congrats for doing it and learning from it. I am sure this experience might push you forward with a new initiative which might have more traction to the userbase from here.
Thank you for your words of encouragement. I plan to take a brake and hopefully come back.
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Smart Investments and smart contracts, I like those names and will use them.
I would like your analysis of this project suggestion.
I would like to incentivize people to invest in easydefi by changing the program.
The program would allow investors to buy tokens on hive-engine which can be redeemed at a certain rate at a time.
For example you buy 300 easydefi tokens for 250 LEO tokens.
And in exchange for your 250 Leo tokens and you are allowed to sell 6 Defi tokens per week for 6 Leo.
This means that at the end of 50 weeks you will have sold all 300 defi tokens and earned 300 Leo tokens in exchange for your 250 Leo investment.
I pay investors 20% APR over time, and it is permissionless to a point, in that the investors don't have to wait for me to send them Leo, they just sell the DeFi tokens every week to get their Leo earnings.
Now, I know there will be those tempted to sell back more then six tokens each week, but I will reward those who don't do this 3.0 Leo upvotes for comments with screen shots documenting their Hive Engine token sales of 6 defi tokens and screen shots of their balance remaining. This 3.0 Leo upvote will give 1.5 Leo per week or 75 extra tokens per year and doubling their yearly return to over 40%.
I think this is a win-win.
What do you think?
Thanks
Posted Using LeoFinance Beta