Not useless for Hive members Either, because now anyone can claim LEO rewards as ETH instead. Even after the wLEO hack we still have a deep connection to Ethereum, and that's powerful.
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Sorry, but I guess it's more practical and profitable to use Hive and Leo on Hive rather than using wLeo on ETH. I see the use cases, I really admire Leo for what they have done to promote and onboard new people into hive.