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RE: LEO Authors Are the Most Rewarded Users on Hive | December Author Reward Leaderboard + Dev Updates

in LeoFinance • 3 years ago

we'll deprecate the LEO token on Hive-Engine/scotbot

I'm very anxious about it and at the very same time quite excited about it. I am afraid it deprecate the prices of my holdings (the released/airdropped price won't reach the same prices and Leo rates will drop to sh..)..

Are you dropping the whole Leo token or it will be still used as pegged/wrapped to this new one?

3 years ago in LeoFinance by
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     3 years ago  

    The LEO token isnt being dropped, there is a new token being airdropped (we dont have any details on it yet). The airdrop is based upon the Leopower/miners/wleo held.

    What this is referring to is the LEO token moving from Hive Engine to a new sidechain that Leo is setting up on Hive.

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     3 years ago  

    Thanks for the clarification, time will tell.
    Too little details to properly discuss or plan at this point.

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       3 years ago  

      Oh, so they're doing it sort of like Hive Engine by utilizing the Hive blockchain still. Nice. I thought it was going to be a totally separate blockchain and was a little worried for Hive.

      Posted Using LeoFinance Beta

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