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RE: LBI Weekly Holdings and Income report - Week 3 - 19 Aug 2024

in LeoFinance • 8 months ago

Thanks for the mention, JK!

LBI is deflationary

I didn't know that! That's an important piece of info I had missed before.

8 months ago in LeoFinance by
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         8 months ago 

        Yep - LBI is hard capped, no more can be minted. Each week we buy back and burn a small number of tokens from a little chunk of the weekly income. Part of the new plan.

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