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RE: Market Watch: Ascending Channel (+Polycub FOMO)

in LeoFinance • 3 years ago

Also very important to note that LEO is connected to all of this and is leeching massive free yields from all EVM iterations. pLEO has over $300k liquidity and bLEO has over $200k liquidity, both subsidized by NOT-LEO inflation. That's powerful. LEO itself is grossly underappreciated and undervalued with massive liquidity pools. It's trivially easy to buy 1% of the entire supply (110k) of LEO with very little slip. More than 10% of the entire circulating supply is up for sale right now this second in the LPs. That's pretty damn good.

Where do the leo.voter payouts come from?

Is this offsetting the 'free yields' that LEO is receiving from Cub and Polycub?

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3 years ago in LeoFinance by
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         3 years ago (edited)

        The yields on bLEO and pLEO are way way higher than LEO inflation itself.
        You're also ignoring all the buy and burn mechanics
        and the fact that having access to a metric shit-ton of Hive is super valuable.

        This is the kind of attitude we see when the price is going down,
        never when it's going up.

        The price goes up and down for reasons that have nothing to do with inflation.
        Stop blaming inflation.

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