A few improvements for future Leo airdrops

in LeoFinance3 years ago (edited)

Now that CUB mania has settled down a bit and people are more focused on rationally assessing numbers than hyping CUB to the ends of the galaxy maybe it's time to see how future airdrops can be improved.

521pel.jpg

Before going full " you should have done this and that" it's worth pointing out that the devs deserve all the praise in the world because the darn thing actually worked and it was simple enough for everybody to convert their tokens. Also I know it's easy to point out what should have been done after the fact but this is more like what I would like to see happen/ not repeated in the future because I want things to be better and better on Leo Finance.

51ceww.jpg

And yes, I'm using the word airdrop because the official terminology for it could make my last remaining brain cell have a heart attack. Anyway let's get on with it.

The first thing I would have liked to see is more communication, while I understand that things can be delayed because shit happens, I think communicating a launch date for Cub Finance a month or a few weeks in advance would have been better for all users and maybe even for the price. Even if it would have been delayed, at least we would have had an idea of the timeline and could have prepared better.

51tkgg.jpg

Also in the communication department, it would have been nice to know the full details of why liquid Leo is worth to have handy on the launch date. While for the whales it was easy to keep some Leo liquid, I think most plebs like myself were so focused on powering up Leo that we couldn't scramble to have some liquid Leo at hand.

51tmnm.jpg

I fully understand why the airdrop was delayed ( to make it easier for numbskulls like myself) but it created some unfair situations because most assumed that Cub Finance would launch at the same time as the airdrop, so people who were counting on that and didn't have Liquid Leo were left crying in the corner. Ideally it would have been nice for both the launch and airdrop to be delayed so they could go live simultaneously. Unfortunately we don't live in an ideal world.

51tqev.jpg

The CUB to Leo ratio had people guessing until the last moment and while for most people on Leo I don't think that was a huge problem, from outside the hive ecosystem I think that might look a bit shady and put off some potential investors. As far as the quantity of the CUB airdrop I think the Leo team made a good call because it didn't tank the price too hard and CUB will only go up from here.

51tsc7.jpg

There are few more things that could have gone a bit better but I don't want to go on like a broken record. Of course I'm very thankful that Leo Finance exists in the first place and that people here welcome these kinds of discussion because on other platforms I might have been downvoted into oblivion cough steem gulag cough

Posted Using LeoFinance Beta

Sort:  

I guess I was lucky to have 1200 liquid sitting around, I was holding my earnings until I got more clarity on the Blank drop. I think it was Task who put out the idea of a cap so there wouldn't be such a big whale to minnow ratio. I figured I would add them to my LBI holdings if that were the case. Instead, I used them on the Defi and so far this is working well.

Posted Using LeoFinance Beta

Well if you jumped in early that's great :) I bought lbi tokens so I would participate in the CUB thing indirectly and not have to fuss with it

Posted Using LeoFinance Beta

Yea I was also wondering why it went live without the airdrop. They did warn us to keep liquid LEO but I thought my small stake wouldn't be worth it. I'll just grow my small LEO stake and hopefully I get more from the next Project Blank airdrop. But that will have to wait till LBI is no longer at a discount.

Posted Using LeoFinance Beta

basically they wanted to be sure the airdrop functioned well, but my argument is that both the launch of Cub Finance and the airdrop should have been delayed. I just hope project blank's airdrop will go smoother, that's why I made this post, to highlight some areas of improvement

Posted Using LeoFinance Beta

It's a tough row to hoe, but somebody has to do it.
Nobody gets out alive.

¿que ?

sorry mate, you kinda lost me there :)

Posted Using LeoFinance Beta

Pushing back on the inequity?
I haven't had many whale votes since the first two years, when there was literally not many others to vote.

@thatgermandude

that's not strictly true, memehub is technically a whale :P

Posted Using LeoFinance Beta

Whale = 1000mv +

TSU is a whale, memehub is an orca, so yes, I do get voted by one whale, and one orca, regularly, I have little room to complain about rewards, personally.
I understand not wanting to vote me when I get regular votes, but, pushing back against the bs has kept me off the top author lists before I started getting those votes.

However, for one to claim to support free speech, one can't only vote stuff you like, you have to vote things you don't like, this is what I am pushing back against from very early on.

Most of these people claim to support free speech, but only vote content they find 'agreeable'.

My votes don't count too much so I won't concern myself with such matters, I just upvote nice people :) even if I don't agree with some of their posts

Posted Using LeoFinance Beta

Yes, just play the game and leave the mechanics to the devs.
We are almost finalized on the reward pool, as far as I can tell.
There isn't much left that needs changing.

A small token holder like me just had to go with the flow and make do with what I have. 😂😂😂 As you said, still grateful to Leo Finance for opening these kids of opportunities for us.

Posted Using LeoFinance Beta

I'm glad it resonated with small token holders :) I'm sticking up for the little guy :)

Posted Using LeoFinance Beta

Swim with the wave
You make laugh 😂
Thanks

Posted Using LeoFinance Beta

it's more like a trickle for plebs, only whales get to swim in a sea of money :D

Posted Using LeoFinance Beta

Two words
Thank you
(for your posts ;)

Posted Using LeoFinance Beta

was it that good ? or are you joking :) ?

Posted Using LeoFinance Beta

I liked all the memes and I admit that I laughed a lot :))
Sorry if it sounded as if I was joking!
You had me with the Salt Bae meme (hahaha)
Loved the way you used the cub token!

Posted Using LeoFinance Beta

Really glad it made you laugh :) that's the idea of my posts. Also you can joke around I don't mind :D Btw we're having a meme contest in the memehub community if you like memes https://peakd.com/c/hive-189111/created

Posted Using LeoFinance Beta

You did a good thing voicing the concerns of all of us Plebs while bolstering your argument with good quality memes. Thanks!

On a note I just think that Khal really likes to keep people on the edge by not giving out a concrete timeline.

Thank you for the kind words :)

Posted Using LeoFinance Beta